Fast Food, News, Pizza, Restaurant Chains, Restaurants

This Major Pizza Chain Is Planning to Open Up to 1,800 New Locations — Eat This Not That

May 7, 2022

By Ghuman

Introduction

If you’re a fan of pizza, you’re in luck! This major pizza chain is planning to open up to 1,800 new locations across the United States. This is great news for pizza lovers everywhere, as it means more options for delicious pizza. With the new locations, you can expect to find a variety of different pizzas, from classic favorites to unique creations. Plus, you can also expect to find a variety of sides, desserts, and drinks to go along with your meal. So, if you’re looking for a delicious pizza experience, you won’t want to miss out on this major pizza chain’s expansion. Read on to find out more about this exciting news.

This Major Pizza Chain Is Planning to Open Up to 1,800 New Locations

Pizza lovers, rejoice! One of the world’s largest pizza chains is planning to open up to 1,800 new locations in the coming years. Yum! Brands Inc., the parent company of Pizza Hut, announced that it plans to open up to 1,800 new Pizza Hut locations in the United States and Canada over the next three years.

The new locations will be a mix of traditional Pizza Hut restaurants, as well as delivery-only locations. The company is also planning to expand its delivery capabilities, with the goal of making Pizza Hut the number one pizza delivery company in the world. The new locations will also feature a variety of new menu items, including vegan and vegetarian options.

The expansion is part of Yum! Brands’ larger plan to invest $130 million in Pizza Hut over the next three years. The company is also planning to invest in technology, such as mobile ordering and delivery, as well as marketing and advertising. The goal is to make Pizza Hut the go-to pizza destination for customers.

Pizza Hut is already one of the world’s largest pizza chains, with more than 18,000 locations in over 100 countries. The company is hoping that the new locations will help it reach even more customers and become the number one pizza chain in the world.

So if you’re a pizza lover, you can look forward to more Pizza Hut locations popping up in your area in the near future. Bon appétit!

Major fast-food chains have begun posting sales results for the first quarter of 2022 and quick-service pizza brands have shown slumping performance. Both Domino’s and Pizza Hut—America’s largest pizza chains—reported declining sales, but one big-league competitor has come out on top. At Papa Johns the results and the outlook has been so good that the chain announced it will be undertaking a major expansion in the coming years.

In an earnings call on May 5, president and chief executive officer Robert Lynch said Papa Johns is planning to open as many as 1,600 to 1,800 locations by 2025, both domestically and abroad. According to the call, 320 units are planned for 2022 alone. The main focus of the expansion will be on the chain’s international markets, while 25-35% of the new locations will open in the U.S.

And don’t miss America’s Largest Pizza Chain Had Its Worst Sales In Over a Decade.

papa johns exterior — Courtesy of Papa Johns

The company saw a 1.9% same-store sales growth in North America, despite facing similar setbacks that its rivals contended with during the same period. Issues like inflation, the Omicron variant, and staff shortages have been felt across the industry. Unlike its competitors, however, Papa Johns was able to keep sales up with its successful new menu innovations, like the New York Style pizza which launched in December 2021, while also relying on a third-party delivery partnership with DoorDash to combat staff shortages. Although the chain has been able to overcome challenges, it’s not to say it hasn’t been tough, according to Lynch.

“January was the most difficult operating environment I’ve seen since I’ve been in this industry,” Lynch said on the call.

Back in January, Papa John’s announced it signed an agreement to open more than 1,350 stores in South China in the next 20 years, marking the biggest deal of its kind in the company’s history, and one of the greatest expansion deals ever announced in the pizza restaurant segment as a whole. Additionally, in September of 2021, the chain also announced its plans to open as many as 100 new restaurants in Texas by 2030.

Currently, there are more than 5,000 Papa Johns locations in 45 countries, according to the company’s website. With these expansions included, the chain could add 3,200 more restaurants to its global footprint by 2040.