Reported about 6 hours ago
Yum Brands, the parent company of Pizza Hut, has announced it is reviewing options to potentially sell the struggling pizza chain. Despite its global presence and recent international sales growth, Pizza Hut's U.S. sales have decreased significantly due to outdated restaurant formats and increased competition. The review aims to find strategic alternatives to maximize the brand's value, though no timeline for this process has been set.
Source: YAHOO