Why Pizza Hut fell behind Domino's
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; offering a more popular menu.
Tue, Nov 24 20202:24 PM EST