
Here’s what the Pizza Hut of the future looks like
CNN
Your next visit to a Pizza Hut might remind you of Chipotle.
Your next visit to a Pizza Hut might remind you of Chipotle. The chain on Tuesday unveiled a new design concept that features a pizza-making station at the center of the restaurant, allowing customers to see employees make their orders. It’s part of broader changes Pizza Hut is showing off at a remodeled location as the chain contends with sluggish sales and increasing competition. Also at the Plano, Texas, restaurant is a modernized interior that has touchscreen kiosks for customers to place orders and heated cabinets for pick-up. The exterior has a drive-thru lane with serving a new “Hut ‘N Go” menu, which features new digital menu boards and serves pre-made foods in an attempt to reduce wait times. Pizza Hut and its rivals are struggling as inflation-weary customers hunt for value. The industry faces intense competition from third-party delivery apps that have replaced pizza delivery – an American mainstay – with other options, including McDonald’s, for people’s to-go orders, according to Jonathan Maze, editor-in-chief at Restaurant Business Magazine. Maze told CNN that Pizza Hut has a “weird history” because it started off as a full-service restaurant until Domino’s rose to prominence and “started the commoditization of the pizza business,” which resulted in consumers having little loyalty among brands. “As delivery and take-out took hold, pizza became more of a food that you ate at home rather than in a restaurant,” he said. “The model that Pizza Hut had used successfully for a few decades was going out of style.”

An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second quarter, according to Commerce Department data released Tuesday. That’s the fastest growth rate in two years.

Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to bankroll the transaction. The Ellisons will also let shareholders peer into the finances of their family trust.











