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The former PepsiCo executive will take over the fast-food giant’s top financial post.
NPC International, which also owns Wendy’s units, make the pizza chain’s turnaround more difficult, says RB’s The Bottom Line.
The chain lost its place as the country’s largest pizza chain mostly because it has too many dine-in locations, says RB’s The Bottom Line.
The company is changing its pan pizza for the first time since it debuted in 1980.
Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.
But third-party services appear to be eating into Pizza Hut’s market.
The credit downgrade for NPC International is another sign of the financial pressure franchisees are under, says RB’s The Bottom Line.
The Atlanta-based operator, which also owns Popeyes locations, added a third brand and closed in on 500 restaurants.
A distinctive management style, combined with indisputable success in expanding all three of Yum Brands' franchise chains, earned Greg Creed the distinction of being this year's Restaurant Leader of the Year.
The companies are planning to test the FedEx SameDay Bot this summer.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
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Peter Romeo highlights the moments restaurateurs miss at their own peril
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