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All Pizza Hut Restaurants articles
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NewsUncertain future for itsu franchise stores
Itsu is pressing for “the best possible outcome” for staff caught up in the pre-pack administration sale of franchise group Heart with Smart
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NewsPizza Hut Restaurants acquired in pre-pack
The future of the pizza brand’s dine-in business has been secured after it was acquired by investment firm Directional Capital, with all but one of the franchise’s 142 sites expected to remain open
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NewsPizza Hut Restaurants close to rescue deal
Directional Capital, an investment firm which already controls much of Pizza Hut’s dine-in operations in Denmark and Sweden, is in advanced talks to acquire roughly 140 sites in the UK, Sky News reports
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NewsHeart with Smart looks to secure future
The Pizza Hut Restaurants operator is in advanced talks with potential buyers, with the aim of selecting a preferred bidder this month
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NewsKFC UK sees 6% system sales drop
The Q3 sales decline occurred across many of KFC’s other divisions, including the US, Asia, and the Middle East, Turkey, and North Africa segments
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NewsPizza Hut Restaurants achieves profit and LFL sales growth
The franchise business achieved a £4.7m increase in operating profit to reach £1.7m in 2023, from a £3m loss in 2022
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InterviewsPizza Hut: ‘People change and so must we’
Following a recent brand reset, UK MD Nicolas Burquier speaks to MCA about avoiding complacency, catering to changing customer needs, and withstanding the test of time
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NewsKFC UK reports sales drop
Parent company Yum! Brands recorded a 3% decline in system sales growth for KFC UK in Q2 2024
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NewsPizza Hut undergoes brand reset
The chain has launched a new Handcrafted range with sourdough-style bases and new toppings, designed to appeal to a new generation of customers
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InterviewsHeart with Smart: ‘We’ve digested the damage and can now start to rebuild’
Following the successful refinance of its debt, CEO Jens Hofma tells MCA the Pizza Hut Restaurants operator is looking to fire up innovation and reignite unit growth in 2025
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NewsHeart with Smart extends senior debt until 2027
The operator of Pizza Hut Restaurants and itsu franchises has also appointed Steve Packer, an existing member of the management team, as CFO, as Andy Platt steps into semi-retirement
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NewsYum! Brands sees strong Q3 momentum
KFC sales across Europe saw year-on-year growth of 13% in the quarter ending 30 September 2023, with the period also seeing record digital sales
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Analysis & InsightThe pizza market in 2023: ‘It’s too crowded’
MCA explores the up-and-coming brands looking to take on the dominant pizza chains, the potential for new innovation to dethrone Neapolitan as the leading trendsetter, and the thoughts of former Fulham Shore boss David Page on how the landscape has changed
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NewsDeals struck for Pizza Hut branded franchise stores
Seven Pizza Hut branded franchise stores across the Midlands and Sussex have been acquired through pre-pack sales
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InterviewsHeart with Smart: ‘Our business is robust’
CEO Jens Hofma hit back at reports suggesting an uncertain future at the Pizza Hut Restaurants operator, telling MCA trading is “improving rapidly”
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NewsHeart with Smart confident of agreeing refinancing
The Pizza Hut Restaurants operator has agreed a temporary covenant structure while it negotiates with its lenders
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Analysis & InsightCracking down on carbon claims
From greenwashing to greenhushing, could increased scrutiny of carbon claims halt progress on sustainability in the sector and how can businesses avoid falling foul of the rules? MCA explores the issue
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InterviewsHeart with Smart: ‘We want to help move the whole sector forward’
The Pizza Hut Restaurants operator speaks to MCA about using its voice for the greater good, as part of a series of finalists’ profiles for the Retailers’ Retailer Awards’ Sustainability category, sponsored by Pernod Ricard
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NewsKFC UK sales continue to decline
Yum! Brands has reported its third quarter results, with KFC system sales in the UK falling by 7% in Q3 and by 3% in the year to date
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NewsPizza Hut Restaurants: The ambiguity of the model is a positive
The fact the brand is hard to categorise is a positive in terms of its ongoing evolution, says Heart With Smart Group CEO Jens Hofma