Yum Brands is reportedly in exclusive discussions to sell its Pizza Hut chain to private equity firm LongRange Capital. This move comes as Pizza Hut faces a prolonged sales slump, with declining U.S. comparable sales for 10 straight quarters, contributing about 12% of Yum's revenue in 2025. The talks reflect broader restaurant industry consolidation due to softer consumer demand and rising costs. No deal is finalized yet, but a transaction could happen within weeks, highlighting strategic shifts among major restaurant brands to improve performance.
KFC is partnering with the upcoming Supergirl film to launch a themed summer menu starting June 8, featuring the Supergirl Ultimate Meal and Combo Meal with new character-inspired sauces and the Kryptonian Kooler drink. The promotion includes limited...
Yum! Brands is negotiating an exclusive deal to sell its Pizza Hut chain to LongRange Capital, with the sale valued between $3.6 billion and $4.3 billion. The proceeds from this sale could reduce Yum!'s long-term net debt from about $9.3 billion to $...
