Why Pizza Hut Fell Behind In The Pizza Wars
Before the pandemic, Pizza Hut was already falling behind its competitors. It was the largest pizza chain by global sales until Domino's overtook them in 2017. Three years later, the more than 50-year-old pizza chain filed for Chapter 11 bankruptcy in July 2020. A major shift to a focus in delivery and online options accelerated Pizza Hut's downward trajectory, along with competitors investing more heavily in tech to entice customers. Analysts have tapped three major problems Pizza Hut needs to resolve if it hopes to regain ground in the industry: reconciling its large footprint, upgrading its online ordering and delivery technology which has been lackluster in comparison to its peers, and a menu with offerings that aren’t hugely popular with consumers.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Subscribe to CNBC PRO: https://cnb.cx/2NLi9AN
#CNBC
Why Pizza Hut Fell Behind In The Pizza Wars
Видео Why Pizza Hut Fell Behind In The Pizza Wars канала CNBC
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Subscribe to CNBC PRO: https://cnb.cx/2NLi9AN
#CNBC
Why Pizza Hut Fell Behind In The Pizza Wars
Видео Why Pizza Hut Fell Behind In The Pizza Wars канала CNBC
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
How YouTube Became An Internet Video GiantHow Costco Became A Massive "Members Only" RetailerHow PlayStation Saved Sony | WSJWhy Amazon Has A Fake Review ProblemWhy BMW Is No Longer The Leader In Luxury SalesHow Living at the South Pole WorksHow Social Security WorksTrump Desperately Tries to Keep Job He Doesn't Even DoHow Apple Just Changed the Entire IndustryWhy Isn’t White Castle A Fast-Food Giant?How Popeyes’ Chicken Sandwich Changed Fast FoodHow QAnon Is Taking Over The GOP | The Daily Social Distancing ShowWhy Americans Eat So Much CheeseInside The Richest Zip Code In The USHow Under Armour Fell Flat During The Athleisure BoomWill Best Buy Survive Amazon?How Americans Waste Their Money On Premium GasHow Domino’s Won India’s Pizza WarsWhat Happened To Front Bench Seats In CarsThe Super Mario Effect - Tricking Your Brain into Learning More | Mark Rober | TEDxPenn