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Pizza Hut, LLC [3] is an American multinational pizza restaurant chain and international franchise founded in 1958 in Wichita, Kansas by brothers Dan and Frank Carney.The chain, headquartered in Plano, Texas, operates 19,866 restaurants worldwide as of 2023.
The Pizza Hut in Aggieville, Kansas, was the first to have delivery, an innovation. By 1977, Pizza Hut had grown to 4,000 outlets and the brothers decided to sell the business to PepsiCo for over $300 million USD. Frank remained the president and a board member of Pizza Hut until 1980. [1] [3]
It is a spin-off of PepsiCo, after they acquired KFC, Pizza Hut, and Taco Bell. PepsiCo divested the brands in 1997, and these consolidated as Yum! The company operates KFC, Pizza Hut, Taco Bell, and since 2020, Habit Burger & Grill, except in China, where the brands are operated by a separate company, Yum China.
Known for its iconic red roofs, Pizza Hut is a sit-down restaurant, carry-out spot, and pizza delivery place. Founded in 1958 in Wichita, Kansas, as a single outlet, there are close to 20,000 ...
Brands (spun off from PepsiCo in 1997) owns KFC, Taco Bell, and Pizza Hut restaurants outside of China. Yum China owns KFC , Taco Bell , Pizza Hut , East Dawning and Little Sheep restaurants in China.
The pizza parlor franchised into Pizza Hut in 1959 and added a thicker crust pan pizza. [5] [6] Other pizza companies also later included pan pizza. In 1989, Domino's introduced its deep dish or pan pizza. Its introduction followed market research showing that 40% of pizza customers preferred thick crusts.
Pizza Hut introduced stuffed crust pizza, created by Patty Scheibmeir, and launched it on March 25, 1995. It was marketed in a commercial with Donald Trump. [1]Pizza Hut was sued by the family of Anthony Mongiello for $1 billion, over claims that Pizza Hut's stuffed crust infringed on Mongiello's 1987 patent (US4661361A) on making stuffed pizza shells.
Monaghan is a devout Catholic and announced his retirement in 1998 after 38 years with Domino's Pizza, Inc. Monaghan sold 93 percent of the company to Bain Capital for around $1 billion, ceased being involved in day-to-day operations of the company, and subsequently dedicated his time and considerable fortune to Catholic causes.