Pizza Hut
Coverage examines the strategic direction, operational changes, and brand evolution of a major player in the UK casual dining and delivery space, including franchise activity, menu updates, digital innovation, marketing campaigns, and store format shifts. Reporting offers insights for operators monitoring high-street dining trends, QSR-casual hybrids, and competitive dynamics in the pizza and food-to-go categories.
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Sep- 2022 -13 SeptemberBusiness
Yum Brands approves $2bn share buyback plan
Yum Brands, the operator of KFC, Pizza Hut and Taco Bell, has announced that its board of directors has approved a new share buyback plan which authorises repurchases of up to $2bn (£1.7m) in shares of common stock through 30 June 2024. The new authorisation will take effect upon the…
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8 SeptemberBusiness
UKH calls for action as 1 in 5 businesses warn of collapse
UKHospitality has called on the government for increased support as a new survey has found that one in five hospitality businesses saying they will not survive the current crisis, while three in five operators admitted they are no longer profitable. The findings come from a recent survey of hospitality operators,…
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Jun- 2022 -27 JuneCafes and Coffee Shops
Creams Cafe to open at Manchester Arndale
Dessert restaurant brand, Creams Cafe, will be opening at Manchester Arndale later this year with a new 2,325 square feet store at the centre. The store, which has been let on a 15-year lease, will offer the full Creams Cafe experience with the brand’s menu of desserts for dine-in, takeaway…
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14 JuneBusiness
Pret a Manger to debut in Spain and Portugal
Pret A Manger has reached an agreement with the Ibersol Group to launch the Pret brand and products across Spain and Portugal. Under the terms of the agreement, Ibersol Group will bring Pret’s food and organic coffee to the two countries. The agreement comes as Pret steps up its global…
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May- 2022 -6 MayRestaurants
Yum Brands sales rise 8% in Q1
Yum Brands, the owner of KFC and Pizza Hut, has announced that sales rose by 8% in Q1 despite a “difficult” trading environment over the period. Worldwide system sales in the quarter ended 31 March grew by 9% at KFC, 8% at Taco Bell and 3% at Pizza Hut. Reported…
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Feb- 2022 -8 FebruaryGovernment
Over 250 hospitality leaders call for VAT to be held at 12.5%
More than 250 business leaders from hospitality and leisure have written to the chancellor, Rishi Sunak, urging the Government to keep VAT at 12.5% beyond March 2022, according to UKHospitality. It revealed the letter calls on the Treasury to maintain the current level to enable many “fragile” businesses to continue…
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Jan- 2022 -10 JanuaryBusiness
UK restaurant groups see losses increase 174% to £673m
Losses at the the top 100 UK restaurant groups increased by 174% last year to £673m, up from a loss of £246m in September 2020, revealed UHY Hacker Young. Lost sales reportedly cost the hospitality sector around £200m a day during lockdown, with restaurants continuing to incur “substantial” costs such…
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Dec- 2021 -3 DecemberFeatures
How restaurants recouped footfall during an unsteady climate
In the words of trade association UKHospitality, ‘the resilience of pubs and bars will be crucial to the recovery of hospitality.’ However, low footfall still present in the high street is making it difficult for operators to make a comeback. According to a latest report by the CGA, 26% of…
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Nov- 2021 -16 NovemberRestaurants
Pizza Hut agrees new EG Group partnership
EG Group and Pizza Hut have announced a new partnership to expand Pizza Hut’s footprint into the ‘on-the-go’ travel market. As a franchisee, EG Group will operate eight new Pizza Hut stores in petrol forecourt stations across the UK by the end of 2021. The expansion will reportedly bring investment…
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Jun- 2021 -4 JunePeople
Chilango welcomes Nigel Sherwood as non-exec director
Chilango, the 14-strong Mexican-inspired restaurant chain with sites across London and the UK, has announced the appointment of Nigel Sherwood, who will be joining the board as a non-executive director. Sherwood is currently chief operating officer at Wagamama and has also worked as managing director at Shake Shack, and within…
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