Pizza Hut: Convenience Is Key to Increasing Sales
New York — Yum CEO Greg Creed thinks he figured out why sales at Pizza Hut have gone cold: The chain needs to be more like the car-hailing service Uber. “If you think about the Uber experience, it’s easy to use, it’s easy to pay, it’s very easy to track,” Creed said in a phone interview from Dallas late Thursday after Yum Brands’ investor day. During a presentation, Creed said there was a time when the way to beat the competition was...
Pizza Hut Joins 3 Other 12A Vacancies
West Lebanon — When the Pizza Hut in West Lebanon closed it doors suddenly last week, it joined at least three other prime commercial real estate locations along the Route 12A commercial strip that are looking for new tenants. The vacancies reflect the challenge of finding new tenants as both the retail and fast-food industries grapple with changes in consumer behavior, as well as financial pressures within the industries themselves,...
Chuck E. Cheese Gets Makeover
Chuck E. Cheese, the kiddie pizza chain acquired by private-equity firm Apollo Global Management last year, thinks it has a solution to its sales slump: winning over millennial moms. The restaurants have never had difficulty appealing to kids, thanks to a combination of pizza, arcade games and guitar-playing animatronic characters. But getting parents on board — especially the younger generation of moms who are seeking higher-quality...
Sbarro’s Pizza Planning New Menu, Locations
New York — Sbarro, the pizza chain synonymous with shopping-center food courts, is venturing outside the mall. After filing for bankruptcy twice in the past five years, Sbarro is staking a comeback on becoming a more traditional pizza chain — complete with stand-alone locations and delivery guys — putting it in closer competition with Pizza Hut, Domino’s and Papa John’s. Long known for selling pizza by the slice in cafeteria- style...
Pizza Hut Joins Effort to Offer ‘100,000 Opportunities’ to Youths
Dallas — A coalition of businesses that has pledged to increase training and hiring for “opportunity youth” is nearly doubling in size and now includes Pizza Hut. The “100,000 Opportunities Initiative,” initially announced last month by Starbucks, now calls for 29 companies to help at least 100,000 young people ages 16 to 24 by 2018. The program will offer youths who face “systemic barriers to jobs and education” apprenticeships,...
