Yum! Sells Pizza Hut for $1.5B | Lexington News

Yum! Brands just sold off most of its global Pizza Hut operations for $1.5 billion, officially ending a 30-year partnership and letting Pizza Hut go solo. Now focused on KFC, Taco Bell, and Habit Burger & Grill, Yum! is doubling down on tech-driven global expansion. The move comes after Pizza Hut’s U.S. sales have been slipping for ten quarters amid fierce competition from Domino’s and delivery apps. Despite the divestiture, Yum! remains deeply invested in Louisville, signing a 10-year lease for downtown office space to keep its corporate roots strong. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a9d32486f7cef90b