Darden closing all Bahama Breeze locations

Pizza Hut closing 250 locations.

Consumers are changing their spending habits.
 
Pizza Hut closing 250 locations.

Consumers are changing their spending habits.
Hasn't Yum been "exploring the sale" of the Pizza Hut brand for a while because of lackluster performance even though their other brands are doing well?
 
Hasn't Yum been "exploring the sale" of the Pizza Hut brand for a while because of lackluster performance even though their other brands are doing well?

Depends. They’re apparently closing a lot of locations that are still dine-in. I haven’t seen one in a while. The ones I’ve been to are delivery and pickup/to-go only.

But they’re doing quite well internationally. That might’ve still have value.
 
I think the classic national chains are just out of fashion. Think about Ponderosa Steakhouse and Red Lobster. Part of the issue is that these equity firms come in and do the usual pump and dump with newer ones. Torchy's Tacos for example is trending downhill. Cost cutting kills the quality and customers stop going.
 
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