Pizza Hut Downsizing Hits Buckhead
Pizza Hut's Buckhead location will be razed for what I'm told will likely be a bank, possibly Chase. The new Pizza Hut will open in Peachtree Plaza on Peachtree Road. The space, in the same shopping center as the White House, will be renovated from retail to restaurant and should open late in the first quarter of next year.
Back in the day, Pizza Hut did well with sit down patrons and its buffet in some locations. Today, however, the bulk of the pizza chain's business comes from take out and delivery orders. Realizing this, the company is shifting from its large scale, full service restaurants to much smaller locations, often in shopping centers, preferably in endcaps, with easy access and clear visibility.
Pizza Hut is, of course, one third of the fast food trifecta known as Yum! Brands, the largest fast food restaurant operator by number of units, with nearly 40,000 locations. Other Yum! concepts include KFC and Taco Bell.