Articles > Reference > News Wires, White Papers, and Books > Australasian Business Intelligence news wires > October-December 2005 > Tuesday, October 4

Article: Pizza Hut stores up for sale.

Article from:
Australasian Business Intelligence
Article date:
October 4, 2005
Copyright

Oct 04, 2005 (Food Week - ABIX via COMTEX) -- Pizza Hut's Victorian stores yield sales ofroughly $A27 million per year. In the lastquarter, the chain's same store sales fell by 3.1 per cent. Restaurant Brands, the NewZealand-listed owner of the fast food chain,is to sell some of Pizza Hut's 50 Victorian

outlets over the next half-year. VickiSalmon, the CEO of Restaurant Brands, revealsthat stores unsuitable for "continued

corporate operation" will be converted into franchises. Restaurant Brands is ...

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