Saturday, Apr 20, 2024
Focus on the big picture

Why Pizza Hut Fell Behind In The Pizza Wars

CNBC, 22 Nov 2020
Before the pandemic, Pizza Hut was already falling behind its competitors. Pizza Hut was the largest pizza chain by global sales until Domino’s moved into No. 1 in 2017. Three years later, Pizza Hut’s largest U.S. franchisee filed for Chapter 11 bankruptcy. Analysts say Pizza Hut needs to resolve three problems if it hopes to regain ground: reconciling its large restaurant footprint; upgrading its online ordering and delivery technology, which has been lackluster in comparison to its peers; offering a more popular menu.

CORRECTION (November 24, 2020): A previous version of this description incorrectly stated that Pizza Hut, not the chain’s largest U.S. franchisee, filed for bankruptcy. It also misidentified the reasons for Pizza Hut’s downward trajectory.

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Subscribe to CNBC PRO: https://cnb.cx/2NLi9AN

#CNBC

Why Pizza Hut Fell Behind In The Pizza Wars
Related Articles