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Pizza Hut
began operation as a single pizza shop run by two brothers, Dan and Frank Carney, in Wichita, Kansas on June 15, 1958. The chain grew to 43 restaurants in 1963 and 296 in 1968. went public in 1969 and was acquired by PepsiCo, Inc. in 1977. By 1981 had become the largest pizza restaurant chain in the world both in sales and number of restaurants. At that time there were 5,025 domestic units and annual sales of almost $2 billion. Before 1984 saw no real competition from Domino's in the overall pizza market.
COMPETITION: NEED FOR HOME DELIVERY
The challenge of Domino's changed in 1985 when they opened 954 new outlets br ....
Word count: 1578 - Page count: 6
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