Pizza Hut
HISTORY OF PIZZA HUT: PIZZA HUT was established on June 15 1958 in wichita university campus, wichita, kansas by two brothers FRANK and DAN CARNEY. The brothers had the concept of opening a pizza parlour which was relatively new during the 1950s and the potential of this business was seen by the two. They borrowed around six hundred dollars from their mother to buy second-hand equipments, machineries and rent a small space to open the first Pizza Hut. The next year, the second store was opened in Topeka, Kansas and within a decade Pizza Hut reached three hundred and ten Pizza parlours in various locations serving approximately a million people. In the year 1970, Pizza Hut already had 5,025 branches in the united states alone with half of it franchised. During the same year , the company in 1986 alone amounted to $2 billion. In the years 1990, the total sales of Pizza Hut reached $4 billion world wide. By the year 1996, the sales in the domestic market which is the United States, have reached over $5 million; the company had the largest share of the market in the same year for 46.4%. in the year 1998, Pizza Hut launched their campaign, “The Best Pizzas under one roof”, in celebration of the company’s 40th anniversary. COMPANY OVERVIEW: Pizza Hut operates in ninety seven countries throughout the world. As of 2008, Pizza Hut had 7,564 units in the united states and 5,611 units outside the united states (source: Data moniter). Pizza Hut(UK), a privately held company, specialized in the operation of pizza restaurants and takeaways. Pizza Hut(UK) is a subsidiary of United states based Yum! Brands. The company primarily operates in the UK, with the Pizza Hut brand operating worldwide. Its headquartered in Borehamwood, UK. BUSINESS DESCRIPTION: Pizza Hut (UK) specialized in the operation of pizza restaurants and takeaway services. The company operates in four distinct categories of menus: restaurant menu, children’s menu, collection menu, delivery and take-away