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Voices/CNBC Television/Why Pizza Hut Fell Behind In The Pizza Wars

CNBC Television

CNBC Television

@CNBCtelevision·3.4M subscribers·157.5K videos

Why Pizza Hut Fell Behind In The Pizza Wars

Posted

November 22, 2020

Views

1,102,808

Likes

13,285

Comments

3,826

Engagement

1.55%

Why Pizza Hut Fell Behind In The Pizza Wars · CNBC Television · Sentinel

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Why Pizza Hut Fell Behind In The Pizza Wars

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YouTube Description

as posted by the channel

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.

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Why Pizza Hut Fell Behind In The Pizza Wars

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