Pizza Hut Company History

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The history of Pizza Hut began in 1958 when Frank and Dan Carney opened the first store in Wichita Kansas. Frank and Dan were brothers and best friends. In 1958, they asked their mother to borrow 600.00 and they successfully started the now world renowned restaurant called Pizza Hut. The brothers decided that they wanted the word pizza in the name of the restaurant and since the place itself reminded them of a hut, they came up with Pizza Hut. They based their business on quality and customer service and proved to succeed with both.

In 1964, the brothers decided to change the look of Pizza Hut and they erected the buildings that are universally recognized and related to the Pizza Hut name. In 1970, the history of Pizza Hut made a huge move. Pizza Hut was now publicly traded on the New York Stock Exchange. In 1973, Pizza Hut opened its first doors off of American soil. Japan, England, and Canada all housed the first of the international Pizza Hut businesses. In 1977 a huge company named Pepsico merged with Pizza Hut and Frank Carney still remained the leader even with the merged companies. He decided in 1980 it was his time to leave and pursue other personal goals and opportunities. By 1986, there were one hundred restaurants in the United Kingdom and five thousand establishments world wide. The business was really starting to flourish after pan pizza got introduced six years earlier.

The early 90's consisted of many delivery and restaurant stores opening throughout the United Kingdom and Russia. In 1994 there were over ten thousand Pizza hut open for business world wide. In 1997, PepsiCo decided to focus solely on their drinks business (Pepsi) which resulted in the foundation of Tricon Global Restaurants. Tricon Global Restaurants is known today as the largest restaurant brand in the World. Sicilian pizza was also launched in the United Kingdom in 1997 and proved to be a huge success. In the year 2000, Pizza Hut introduced a new type of pizza called The Edge. This pizza was very unique and unlike any other pizza available. It was a thin pizza with toppings all the way around the edge.

The history of Pizza Hut made a big step forward in 2003 when it was made public that 500 restaurants were now open in the United Kingdom employing a total of over 20,000 people. In 2004 the Big New Yorker Pizza was introduced to the public which proved to be yet another successful and desirable pizza. 2005 brought the launch of the bigger and larger 4 for All pizza. Just this year Pizza Hut came out with their garlic crusted pizza and a larker 4 for all.

Pizza Hut can now be found in 17 different countries and all of the United States. The company has became a world recognized symbol of good pizza. You can locate a Pizza hut in almost every major city in the country.

Source: http://ezinearticles.com