Pizza Hut
In 1958, the pizza place Pizza Hut was founded in Wichita, Kansas. It has been more than 60 years since its first store opened and it has expanded significantly during that time, with 18,431 branches all over the world. Its parent company is the bigger Yum! Brands, which has made some strategic decisions with regards to Pizza Hut. In the US, there are almost 7,500 Pizza Hut restaurants though Pizza Hut has plans to cut this number to 7,000 or perhpas less to streamline profits. Despite the recent fast food boom, there is a need for Pizza Hut to reorganize quickly to remain afloat during a rough 2020.
Pizza Hut
O’Charley’s
The casual restaurant chain O’Charley’s has around 200 locations and all of them are not franchised. They are located in 17 states throughout the Midwest and South, reaching as far as Ohio in the north and Louisiana in the south. The chain has recently announced closures and in June 2019, it closed down eight stores in one day. It no longer operates in Florida, closing down a single restaurant there in 2019. Recently, Fidelity National has made an announcement that “what’s left” of O’Charley’s would be acquired by them. It is not sure if Fidelity will attempt to revamp the restaurant.
O’Charley’s
