Pizza Hut's parent explores sale of struggling chain
Source: BBC
Yum! Brands is exploring a possible sale of its Pizza Hut chain, as the business struggles to compete with rivals in the pizza business to win over cash-strapped consumers.Pizza Hut has reported several quarters of declining same-store sales in the US - a market that makes up 42% of its global sales. The US woes have dragged down the business, even as sales rise in some other markets."Pizza Hut's performance…
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