Preview

Retail Project on Pizza Hut

Powerful Essays
Open Document
Open Document
2311 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Retail Project on Pizza Hut
RETAIL PROJECT
ON
PIZZA HUT

GROUP MEMBERS:-

1) JASMEET DUA
2) HITIKANT SAHOO
3) RAHUL GYANESWAR
4) RUDRA PRATAP HOTA
5) ASHUTOSH PRATAP SINGH

CONTENTS

1) INTRODUCTION………………………………………..1

2) RETAIL ENVIRONMENT…………………………….2

3) POSITIONING…………………………………………...3

4) MARKETING STRATEGY…………………………….4

5) PRODUCT ASSORTMENT…………………………….5

6) PRICE POSITIONING………………………………….6

7) CUSTOMER PROFILE…………………………………7

8) CONSUMER PULL FACTORS………………………...8

9) COMPARISON…………………………………………..9

10) LONG TERM PROGNOSIS…………………………..10

1

INTRODUCTION

Pizza Hut is one of the flagship brands of Yum! Restaurant Int. which also has KFC, Taco Bell, A&W and Long John Silver’s under its umbrella. It is the world’s largest pizza chain with over 12,500 restaurants across 91 countries.

Pizza Hut was started in 1958, by two brothers Frank and Dan Carney in Wichita, Kansas. They had the idea to open a pizza parlor. They borrowed $600 from their mother, and opened the very first Pizza Hut. In 1959, the first franchise unit opened in Topeka, Kansas. Almost ten years later, Pizza Hut was serving one million customers a week in their 310 locations. In 1970, Pizza Hut was put on the New York Stock Exchange under the ticker symbol PIZ.

In 1986, Pizza Hut introduced delivery service, something no other restaurant was doing. By the 1990's Pizza Hut sales had reached $4 billion worldwide. In 1998, Pizza Hut celebrated their 40th anniversary, and launched their famous campaign "The Best Pizzas Under One Roof." In 1996, Pizza Hut sales in the United

You May Also Find These Documents Helpful

  • Powerful Essays

    New Product Launch Part II

    • 2923 Words
    • 12 Pages

    Pizza Hut has long been known for their ability to continually offer innovative products for their customers. Even with small beginnings, Pizza Hut has proven themselves through quality food, product expansion, and customer satisfaction as one of the top leading brands. As part of the Yum! Group of restaurants, Pizza Hut as grown and expanded both domestically and internationally. As a world recognized name, Pizza Hut has dominated with their original style of pizzas. To expand even further, the introduction of a new type of pizza is suggested. To answer the age old question of “Pizza or Chinese for dinner?” this proposal offers the new Chinese Supreme Pizza!…

    • 2923 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    pizza hut

    • 1143 Words
    • 5 Pages

    The organization chosen for this assignment is Pizza Hut, Pizza Hut was established in 1958 by Frank and Dan Carney, and they started out with a small building on a busy intersection in their home town, and became the largest and most successful pizza restaurant company in the world. For four decades they built a reputation for excellence that earned the respect of their customers and industry experts alike. Pizza Hut, Inc., a division of Tricon Global Restaurants, Inc., has more than 7,200 units in the U.S. and 3,000 units in more than 86 other countries. Tricon is the parent company to two other segment leaders, Taco Bell and KFC .when combined with Pizza Hut, these organizations make up the world’s largest restaurant group. Pizza Hut offers many different styles of pizzas along with side dishes such as salads, Buffalo wings, pasta, breadsticks, desserts and garlic bread.…

    • 1143 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Pizza Hut is the world’s largest pizza chain, with over 7,500 stores in the US alone. The parent company, Yum! Brands Inc, (previously called Tricon Global Restaurants) also owns A&W, Kentucky Fried Chicken, Long John Silvers, and Taco Bell. According to a company press release, it is: “the world’s largest restaurant company in terms of units with approximately 33,000 restaurants in more than 100 countries and territories.”…

    • 4401 Words
    • 18 Pages
    Good Essays
  • Satisfactory Essays

    How Pizza Has Evolved

    • 788 Words
    • 4 Pages

    In 1958 two brothers created a Pizza place like none before. Pizza Hut today is an international franchise with over 6000 stores nationwide. In the beginning Pizza Hut only had one store, but as soon as they realized their business was doing well…

    • 788 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Pizza Express was founded by Mr. Peter Boizot in 1965. He opened his first restaurant in Wardour Street (Soho), becoming the first pizza restaurant in Uk market. After a successful years the company were franchised in 1993 but in the 1996 were brought back and launched internationally, first branch in Ireland.…

    • 1098 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    Operations Management

    • 2966 Words
    • 12 Pages

    Pizza Hut turns out to be a dream comes true for Frank and Dan Carney in Wichita, Kansas in 1958. They started the pizza business in a Hut shaped building with the seating arrangement of only 25 people though the name strikes as Pizza Hut. As they continued through their journey, they now have more than 600 outlets in UK only. Yum owned pizza hut as a joint venture with other company but since 2006, it is fully owned by Yum. Pizza hut offers a variety of different pizzas as per customer’s choice like stuffed crust pizza, Sicilian pizza, pan pizza, the Italian, the edge, twisted crust, the quad, etc. We can find more information on the following websites:…

    • 2966 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Competition Study

    • 1162 Words
    • 5 Pages

    The company operates in all 50 states in the United States (Dominos). Domino's Pizza was sold in 1998 and the company went public in 2004. The company menu mainly features pizza, pasta, over-baked sandwiches, wings, boneless chicken, salads, and others. Pizza Hut, Inc. is a leading American restaurant chain that offers different kinds of pizzas. The company was founded in 1958 by two brothers, Dan and Frank Carney, in Wichita, Kansas (Pizza Hut).…

    • 1162 Words
    • 5 Pages
    Good Essays
  • Best Essays

    In 1958 Frank and Dan Karney open the first Pizza Hut in Wichita, Kansas. In 1972 there were 1000 Pizza Hut restaurants throughout the USA. Then in 1973 Pizza Hut went international. Later on, in 1977 PepsiCo buys Pizza Hut, with 3,000 U.S. units. In 1989 the Pizza Hut Jobs Plus program expands Nationwide to employ more than 10,000 individuals with physical and developmental disabilities. The Jobs Plus program is recognized as the largest corporate initiative of its kind in the food service industry. On October 6, 1997, Tricon Global Restaurants, Inc. was formed as a result of a spin-off from PepsiCo Inc. of the three restaurant concepts - Pizza Hut, KFC, and Taco Bell. Pizza Hut launches "Totally New Pizzas", a quality initiative putting sliced, fresh vegetables and meatier meat toppings on pizzas.…

    • 4332 Words
    • 26 Pages
    Best Essays
  • Good Essays

    It was the first that came up with the concept of “30 minutes delivery.” Back in the eighties and after a deep market research, the company realized that the customer demand is increasing and they need to cover it otherwise other companies well. Thus, with the information technology team it came up with the idea of having a customer service center to receive all the orders from clients then transmitted to the nearest pizza hut store location that is close to the…

    • 800 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Market strategy

    • 535 Words
    • 2 Pages

    The opportunities in this area of the industry segment are very attractive and profitable. Studies have shown that consumers that order online are more likely to spend more money. The top three goals that this project is trying to achieve are: 1 Moving the consumers view on ordering pizza to an online approach, 2 Placing Pizza Hut into the awareness set, and 3 Showing Pizza Hut as a top competitor in this industry with high accuracy rate, higher ease of use, and better service overall.…

    • 535 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In the past, Pizza Hut is an outstanding restaurant, especially in offering different style of pizza. Pizza Hut is still a unique restaurant in the early 90’s. Therefore, competitors haven’t existed yet. However, Pizza Box has already existed that became Pizza Hut’s competitor.…

    • 824 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    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…

    • 5130 Words
    • 21 Pages
    Powerful Essays
  • Best Essays

    Pizza Hut

    • 2657 Words
    • 11 Pages

    Pizza Hut is the world’s biggest restaurant company and international franchise which has the origin in Texas, America. It has almost 34,000 restaurants across the world and is currently operating in 100 countries. Pizza Hut offers different types of pizza along with some other dishes like pasta, buffalo wings, breadsticks, and garlic bread. It has started its journey back in 1958 by brothers Dan and Frank Carney in their hometown, Kansas. Since then it has emerged as one of the most popular restaurants not only in America but also in the entire world. (Pizza Hut Corporation, 2012)…

    • 2657 Words
    • 11 Pages
    Best Essays
  • Powerful Essays

    Pizza Hut Report

    • 2430 Words
    • 10 Pages

    By 1986, Pizza Hut’s leadership of the overall pizza market is being challenged by Domino’s, a delivery-only chain. The delivery segment accounts for only 20% of the $12.7 billion pizza market, but it is growing rapidly, while the eat-in segment has recently seen very slow growth. A change in consumer preferences has led to the increased purchases in the delivery segment.…

    • 2430 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Pizza Hut began in 1958 in Wichita, Kansas, USA when two brothers, Dan and Frank Carney, opened their own pizza restaurant. That first restaurant had only 25 seats. The restaurant sign had space for nine letters. They wanted Pizza in the name, leaving space for three more letters. The building looked like a hut, and so Pizza Hut was born. The business expanded by opening new restaurants and by 1972 there were 1000 restaurants across the USA. The first Pizza Hut restaurant opened in the UK in London in 1972. The history of Pizza hut began in 1958, when what is now the world's largest pizza franchise was born. Pizza Hut is the world's largest pizza restaurant chain and is a subsidiary of Yum Brands, Incorporation, whose restaurants total approximately 34,000 restaurants. The whole history of pizza hut has been achieved through innovation, but the history of pizza hut really took off with amalgamation into the Pepsi Company and more aggressive marketing techniques especially in the take out market.…

    • 266 Words
    • 2 Pages
    Satisfactory Essays

Related Topics