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Tag: pizza

Fear of Pizza Express closures as chain faces takeover by bondholders | Business

Pizza Express is set to be taken over by its bondholders, with the possibility of restaurant closures as the high street chain struggles with the loss of revenues during the coronavirus pandemic. The chain’s Chinese owner, Hony Capital, could lose control of the company as part of a debt-for-equity swap. A group of investors in …

Fear of Pizza Express closures as chain faces takeover by bondholders | BusinessRead More

Pizza Hut’s largest U.S. franchisee files for Chapter 11 bankruptcy

A customer enters a Pizza Hut restaurant in Princeton, Illinois. Daniel Acker | Bloomberg | Getty Images NPC International, the largest U.S. franchisee of Yum Brands’ Pizza Hut, filed for Chapter 11 bankruptcy on Wednesday. The company operates more than 1,200 Pizza Huts and nearly 400 Wendy’s restaurants. In contrast to most of the restaurant industry, Pizza …

Pizza Hut’s largest U.S. franchisee files for Chapter 11 bankruptcyRead More

Pizza Hut, KFC & McDonald’s serve meal to medical and frontline staff at govt hospitals

Fast food brands such as McDonald’s, Pizza Hut and KFC have committed to serving meals to medical and frontline staff at government hospitals across cities as part of their COVID-19 relief initiatives in India, the companies said. Pizza Hut and KFC India have already started distribution in Pune, Bengaluru and Hyderabad wherein several hundred meals …

Pizza Hut, KFC & McDonald’s serve meal to medical and frontline staff at govt hospitalsRead More

Domino’s Pizza, ITC Foods partner to deliver essential items

Domino’s Pizza said on Thursday it is partnering with ITC Foods to help customers order everyday grocery essentials as coronavirus cases continue to climb despite the countrywide lockdown. “The partnership between a quick service restaurant (QSR) and a fast moving consumer goods (FMCG) company is aimed at serving the community at large by ensuring uninterrupted …

Domino’s Pizza, ITC Foods partner to deliver essential itemsRead More

Domino’s stock falls after pizza chain’s same-store sales disappoint

Javanshir Hajizada gets ready for a bicycle delivery for Domino’s Pizza, which is hiring drivers, on March 25, 2020 in Boston. David L. Ryan | Boston Globe | Getty Images While the restaurant industry sees sales plunge, pizza chains Papa John’s and Domino’s Pizza are expecting positive same-store sales growth during the first quarter. Analysts have …

Domino’s stock falls after pizza chain’s same-store sales disappointRead More

Domino’s Pizza (DPZ) earnings Q4 2019 beat Wall Street estimates

A Domino’s Pizza food delivery courier drives a moped away from a Domino’s Pizza store in Hanwell, London. Jason Alden| Bloomberg | Getty Images Domino’s Pizza stock soared more than 25% on Thursday after the company reported quarterly earnings and revenue that topped analysts’ expectations after strong U.S. sales, despite increased competition. Here’s what the …

Domino’s Pizza (DPZ) earnings Q4 2019 beat Wall Street estimatesRead More

Pizza Hut’s largest US franchisee reportedly weighs options, including bankruptcy

A customer enters a Pizza Hut restaurant in Princeton, Illinois. Daniel Acker | Bloomberg | Getty Images Pizza Hut’s largest U.S. franchisee is weighing restructuring options, including bankrutpcy, Bloomberg reported Wednesday. NPC International, which has about $1 billion in debt, operates nearly 400 Wendy’s restaurants and more than 1,200 Pizza Huts. People familiar with the …

Pizza Hut’s largest US franchisee reportedly weighs options, including bankruptcyRead More

South Indians order more North Indian food; Pizza is preferred by both genders

The second day at the India’s largest food retail intelligence event, India Food Forum 2020, got off to trend setting path with Technopak, PwC, Nielsen and Deloitte shedding the light on the future of foodservice industry. In the opening session – on Indian Food Service Market, Saloni Nangia, President, Technopak, highlighted some of the trends observed. …

South Indians order more North Indian food; Pizza is preferred by both gendersRead More

Pizza Hut’s slumping US business eyes turnaround with new management

Pizza Hut, owned by Yum Brands Chris Ratcliffe | Bloomberg | Getty Images Even with a sponsorship deal with the National Football League, Pizza Hut’s U.S. business is struggling to find a win. Yum Brands said Thursday that its 2020 results could fall short of its long-term outlook as a result of Pizza Hut’s troubles …

Pizza Hut’s slumping US business eyes turnaround with new managementRead More

California Pizza Kitchen plans entry into Canada

Get great content like this right in your inbox. Subscribe California Pizza Kitchen will open its first Canadian store in Edmonton, Alberta. Partnering with Alberta restaurateur Samira Shariff, the casual dining chain will open its Edmonton location in the coming months, with five locations planned in the province over the next eight years. As part …

California Pizza Kitchen plans entry into CanadaRead More