INSIDER
Chef rolls out Afro-Caribbean twist on paczki
Read full article: Chef rolls out Afro-Caribbean twist on paczkiMarch 1st marks Fat Tuesday! For many, that means Paczki Day, or a day to fill up on the jelly or cream filled pastries. However, there’s a spot in Detroit that’s serving up a twist on the tradition. Yum Village Marketplace and Pantry is offering Afro-Caribbean inspired paczki flavors.
Pizza Hut to close hundreds of dine-in restaurants
Read full article: Pizza Hut to close hundreds of dine-in restaurantsPizza Hut is planning to close as many as 500 dine-in restaurants as it shifts its business model. Food Business News reports the pizza chain is increasing its focus on delivery and carryout and could close as many as 500 older dine-in locations. We are leaning in to accelerate the transition of our Pizza Hut U.S. asset base to truly modern delivery/carryout assets, said David W. Gibbs, president, chief operating officer and chief financial officer for Yum! This will ultimately strengthen the Pizza Hut business in the U.S. and set it up for a faster long-term growth. As a result, our U.S. store count could drop to as low as 7,000 locations over the next 24 months, primarily driven by closures of underperforming dine-in restaurants before rebounding to current levels and above in the future.Within the U.S., about 6,100 Pizza Hut locations are traditional restaurants and 1,350 are express units, he said.