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Pizza Hut

Financing

NPC International’s bankruptcy should be a wake-up call for franchises

The big Pizza Hut and Wendy’s operator had too much debt. But its capital structure was far from unique, says RB’s The Bottom Line.

Financing

Papa John’s same-store sales increased 24% last month

The pizza chain’s North American sales continued to surge during the pandemic as consumers ordered more delivery.

Yum Brands announced a global initiative to improve opportunities for frontline restaurant workers and improve equality.

The two brands each posted multi-year sales marks last month as consumers readjusted to pandemic dining.

The fast-food chain operator is working to help struggling franchisees but suggests outside investors could step in, too.

Habit Burger, Pizza Hut and KFC saw their digital orders soar as consumers shifted their ordering habits.

The chain moved to replace underperforming dine-in restaurants with takeout- and delivery-only units

Yum Brands chains will also take workers’ temperatures and have them wear gloves as part of the company’s evolving response to the coronavirus.

The owner of KFC, Taco Bell and Pizza Hut says it is taking steps to shore up franchisees’ finances and has accessed its credit line.

Yum Brands, which also owns KFC and Pizza Hut, said it is “encouraging” its franchisees to take a similar step.

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