HISTORY OF PIZZA HUT
Pizza Hut is an American restaurant chain and international franchise that offers different styles of pizza along with side dishes including pasta, buffalo, and garlic bread. Pizza Hut is a subsidiary of Yum! Brands, Inc. (the world's largest restaurant company[) with approximately 34,000 restaurants, delivery/carry-out locations, and kiosks in 100 countries. Currently based in Addison, Texas (a northern suburb of Dallas), Pizza Hut is relocating its headquarters to Legacy Office Park in nearby Plano when the lease on its current building, which it has occupied since 1995, expires on December 31, 2010.
The first Pizza Hut is located in Kansas at the Wichita State University Campus. It was opened in 1958 by Frank and Dan Carney, 2 brothers who studied at the university.
The history of Pizza hut began in 1958, when what is now the world's largest pizza franchise was born. Today the Pizza hut company is part of the Pepsi Empire, but back then two brother’s borrowed $600 from their mother and started to forge the history of Pizza hut.
Pizza Hut has subsequently branched out and developed franchises all over the world. In fact it is diversity that has made the history of pizza hut so successful. Their menus and recipes are not the same, different locations use different suppliers and different toppings, according to the demand of their clients. The building block of the history of pizza hut has been this diversity, not often present in such a large concern.
The whole history of pizza hut has been achieved through innovation, but the history of pizza hut really took off with union into the Pepsi Company and more aggressive marketing techniques especially in the take out market
Pizza Hut was founded in 1958 by brothers Dan and Frank Carneyin their hometown of Wichita, Kansas When a friend suggested opening a pizza parlor, they agreed that the idea could prove successful, and they borrowed $600 from their mother to start a business with partner John Bender.Renting a small building at 503 South Bluff in downtown Wichita and purchasing secondhand equipment to make pizzas, the Carneys and Bender opened the first "Pizza Hut" restaurant; on opening night, they gave pizza away to encourage community interest. They chose the name "Pizza Hut" since the sign they purchased only had enough space for nine characters and spaces. Additional restaurants were opened, with the first franchise unit opening in 1959 in Topeka, Kansas. The original Pizza Hut building was later relocated to the Wichita State University campus. Pizza Hut's prototype version of a restaurant (1950–1961) at Wichita State University. This was only used at four prototype Pizza Hut locations. There are only a few menu items on this version.
Dan and Frank Carney soon decided that they needed to have a good standard image. The Carney brothers contacted Wichita architect Richard D. Burke, who designed the distinctive mansard roof shape and standardized layout, hoping to counter competition from Shakey's Pizza, a chain that was expanding on the west coast. The franchise network continued to grow through friends and business associates, and by 1964 a unique standardized building appearance and layout was established for franchised and company-owned stores, creating a universal look that customers easily recognized.
By 1972, with 314 stores nationwide, Pizza Hut went public on the New York StockExchange under the stock ticker symbol NYSE: PIZ. In 1978, Pizza Hut was acquired by Pepsico, who later also bought KFC and Taco Bell. In 1997, the three restaurant chains were spun off into Tricon, and in 2001 joined with Long John Silver's and A&W Restaurants to become Yum! Brands. The oldest continuously operating Pizza Hut in the world is in Manhattan, Kansas, in a shopping and tavern district known as Aggieville near Kansas State University.
Pizza hut cannot be accused of not listening to their customers, when a Dallas survey declared that most people like to dip their slices of pizza into a sauce. Pizza hut quickly conducted their own survey online and then added dippers to their pizza menus.
In India Pizza Hut has 140 restaurants across 34 cities, including Delhi, Mumbai, Bangalore, Chennai,Kolkota, Hyderabad, Pune,Chandigarh,Guwahati amongst others. Yum! is in the process of opening Pizza Hut restaurant at many more locations to service a larger customer base across the country. The Pizza Hut franchise stepped in to the Indian fast food market by opening a dine-in restaurant at Bangalore in 1996. The Pizza Hut franchise soon expanded itself in India and now has the KFC brand beneath its umbrella. The fast food franchise was the first international fast food firm to make an entry in to the Indian scene and has thus pioneered the Indian Pizza market.