Hints and tips:
...About 7,000 Yum restaurants had closed by the middle of this month as a result of the pandemic, including 1,000 Pizza Hut Express locations in the US and 900 KFCs in the UK....
...Yum Brands has pledged to revamp its underperforming Pizza Hut chain, reducing the number of traditional restaurants in favour of takeaway venues and new formats in the face of shifting consumer tastes....
...(New Yorker) Debt slice NPC International, the world’s largest Pizza Hut franchisee, has plunged further into distress as its debt levels inch closer to breaching the company’s loan covenants....
...Domino’s global sales surpassed Pizza Hut’s for the first time in 2017 and Mr Allison’s plans to add more than 2,000 outlets indicate a determination to defend its market share against tech-driven disrupters...
...He had proposed asking users to pay small fees after posting a certain number of messages — an idea which was shot down by Sheryl Sandberg, Mr Zuckerberg’s number two....
...The company installed Mr Ryan, a co-founder of Smashburger and a veteran of McDonald’s and Pizza Hut, as chief executive in 2016 and pushed for the closure of more than 40 underperforming locations between...
...On top of concerns over pay, many drivers express a wider frustration. “In the past it always felt like I was just a number on a spreadsheet to Uber,” says Mr Campbell....
...Western chains holding ground Despite their slowing growth, western-style fast-food chains, including McDonald’s and Yum Brands’ KFC and Pizza Hut, are still the most popular fast-food brands in China,...
...The result cements what has been a tough quarter for casual dining and coffee outlets in the world’s largest economy, with companies including Yum Brands, which owns KFC, Taco Bell and Pizza Hut, as well...
...Marketing miscues at Pizza Hut have also weighed on sales in China, contributing to a string of earnings downgrades in recent months....
...However, the fast-food sector, dominated by McDonald’s and Pizza Hut owner Yum Brands, has been much more resistant to higher wages....
...“We are obviously disappointed with second-quarter results, particularly with the very poor performance in our US division,” chief executive David Novak said of Pizza Hut....
...outlets including Pizza Hut and Hard Rock Café....
...The company, which operates the KFC and Pizza Hut chains, said it was no longer likely that China sales would turn positive during the fourth quarter....
...Yum Brands, operator of the KFC and Pizza Hut fast-food chains, reported a 26 per cent drop in first-quarter earnings, as food safety concerns continued to hurt its Chinese business....
...The company, which operates brands such as Taco Bell and Pizza Hut, rose 4.1 per cent to $70.84....
...Yum Brands , which runs Taco Bell, Pizza Hut and other fast food restaurant chains, fell 9.4 per cent to $67.08....
...But it wasn’t just the numbers that made us proud; money, after all, is just one measure of a thriving company and usually not the most meaningful one....
...Internationally, Yum Brands, which operates KFC, Pizza Hut and Taco Bell, has been keeping the pressure on McDonald’s....
...Yum, which operates KFC and Pizza Hut in China, is the leading restaurant chain there and McDonald’s has been battling to gain market share....
...Brands rose 2.6 per cent to $64.85, as the owner of KFC and Pizza Hut delivered a 30 per cent growth in profits and said it would open more restaurants abroad in 2012....
...The stuffed-crust pizzas, developed in response to rival Pizza Hut’s popular menu item, already constitute 15 per cent of sales – helped by a £2.50 premium per pizza....
...Pizza Hut also has a presence there, although “that’s more of a sit-down experience”....
...Brands, the US group that owns Pizza Hut, Taco Bell and KFC, is expanding its established KFC chain in South Africa and opening up in Nigeria, Kenya, Zambia, Ghana, Angola and Malawi....
...On Wednesday, the US fast food Restaurant Group, which owns KFC, Pizza Hut and Taco Bell, reported a 10 per cent gain in profits, or $0.65 per share, in the second quarter, beating analysts’ expectations...
International Edition