Yum! Brands announces a strategic reduction of Pizza Hut's U.S. presence, closing 250 restaurants as part of a broader 'Hut Forward' initiative aimed at long-term growth in a digital-first market.
Yum! Brands announces the closure of underperforming Pizza Hut locations as part of a broader review, highlighting the chain's ongoing struggle to compete in a crowded market.
Yum Brands' Pizza Hut will close hundreds of underperforming domestic locations in the first half of 2026 as part of a broader strategic review, signaling a pivotal moment for the struggling pizza chain.
Yum! Brands announces the closure of approximately 250 underperforming Pizza Hut locations amid a strategic review, highlighting the chain's ongoing struggle in a competitive market dominated by rivals like Domino's.
Yum! Brands announces plans to close approximately 250 underperforming Pizza Hut restaurants in the U.S. by 2026, citing a strategic pivot amid global sales challenges and a potential sale of the iconic chain.
Yum! Brands announces the closure of roughly 3% of Pizza Hut's U.S. restaurants in H1 2026 amid a strategic review that could lead to a sale, as the iconic chain grapples with shifting consumer habits and domestic sales decline.
Yum! Brands announces closure of underperforming Pizza Hut restaurants amid strategic review, raising questions about the fate of Michigan outlets and potential sale of the iconic chain.
Yum Brands is closing approximately 4% of Pizza Hut's U.S. stores in the first half of this year as part of its 'Hut Forward' revitalization plan, amid an ongoing strategic review that could potentially lead to a sale of the struggling pizza chain.
Yum Brands announces significant store closures for its Pizza Hut division amid declining sales and a strategic review that could include a sale of the iconic chain.
Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, is closing all 28 Bahama Breeze locations. While 14 restaurants will be converted to other brands in its portfolio, the move marks the end of the tropical-themed casual dining chain.
Yum Brands reports robust Q4 and full-year 2025 results, driven by exceptional same-store sales growth at Taco Bell and record international unit development for KFC. The company outlines its 'Raise the Bar' strategy to accelerate growth, while the strategic review of Pizza Hut progresses.
Darden Restaurants announced the complete closure of its Caribbean-themed Bahama Breeze chain, with 14 locations shutting down and another 14 being converted to other brands within its portfolio over the next 18 months.
In a significant shift from its long-standing marketing playbook, Pizza Hut will not advertise during NBC's Super Bowl pre-game coverage this year, ending a tradition that spanned over a decade. The move comes as the chain undergoes a strategic review and reallocates its ad budget toward other sports and partnerships.
The storied Chicago-style pizza chain Uno Pizzeria & Grill, founded in 1943, has dramatically contracted from over 150 to just 36 locations nationwide. Recent abrupt closures in Massachusetts highlight the intense pressures facing mid-tier casual dining.
Darden Restaurants is permanently closing all remaining Bahama Breeze locations, with half the sites to be converted to other brands in its portfolio, citing competitive pressures and operational challenges.
After three decades, Darden Restaurants is phasing out its Bahama Breeze chain, closing half its locations and converting the rest to other brands within its portfolio, marking a significant shift in strategy for the casual dining giant.
Darden Restaurants is permanently closing all 28 Bahama Breeze locations, half outright and half to be converted, as inflation, shifting consumer habits, and soaring costs continue to batter the casual dining sector. The move follows recent bankruptcies of other major chains.
Darden Restaurants announced the closure of all 28 Bahama Breeze locations across the U.S., with half converting to other brands within its portfolio, including one affected site in metro Atlanta.
Darden Restaurants announces the closure of its Caribbean-themed chain Bahama Breeze, with remaining locations to be converted or shut down, marking the end of a 30-year run in the casual dining sector.
Darden Restaurants is shuttering half of its remaining Bahama Breeze outlets and converting the rest to other brands, marking the near-end of the 28-year-old Caribbean-themed concept.
