Pizza Hut

Financing

Pizza Hut is closing 250 U.S. restaurants

Parent company Yum Brands is still conducting a strategic review of its struggling fast-food pizza chain but plans investments in marketing early this year as part of an agreement with franchisees.

Financing

Was Pizza Hut's shift away from full service a mistake? It's complicated

The Bottom Line: The pizza chain’s shift from a full-service model to takeout and delivery was the biggest service model shift in restaurant industry history. But it has not spurred the growth for which the company hoped.

The Bottom Line: The fast-food chain operator is putting its pizza brand on the market. The chain had been struggling, distracting from the success of Taco Bell and KFC International.

The fast-food chain operator is exploring strategic options for its pizza brand after years of sales challenges, including a 6% decline in U.S. same-store sales in the third quarter.

Behind the Menu: A back-of-house hack in the pizza chain’s kitchens prompted the development of the portable, personal pies. Six months later, five variations launched, all with elevated toppings.

Joe Park, president of Byte by Yum, is leaving the fast-food chain operator while Taco Bell CEO Sean Tresvant is getting a promotion as part of a reorganization under new chief executive Chris Turner.

The new personal pizzas are rolling out in 20 countries, starting with a $5 deal in the U.S. geared to solo diners

Both fast-food restaurant chains’ same-store sales fell 5%, while Habit Burger and Grill’s sales also declined. Taco Bell’s same-store sales rose 4%.

The longtime executive of the fast-food restaurant chain owner will retire in the first quarter of 2026. The company will start a search process for his successor.

College basketball fever goes beyond sports bars and wing joints this year, as steakhouses, pizza chains and Asian concepts compete to score big.

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