Latest news with #Hut
Miami Herald
6 days ago
- Business
- Miami Herald
Pizza Hut rival dining chain files for Chapter 11 bankruptcy
Domino's continues to hold the advantage over Pizza Hut in total locations among pizza chains, with 21,536 global units and 7,061 U.S. restaurants, according to the company's 2025 second-quarter results released on July 21. Pizza Hut used to be the world's largest pizza chain until 2017, when Domino's surpassed the Hut in global sales with $12.25 billion compared to $12.03 billion. Pizza Hut reported a total of 20,225 global locations and 6,474 U.S. locations in the first quarter of 2025. It will release second-quarter results on Aug. 9. Related: Popular pizza dining chain franchisee files Chapter 11 bankruptcy Domino's also beat analyst projections in the second quarter for same-store sales, rising 3.4% in the quarter ending June 15, exceeding analysts' average estimated increase of 2.21%, Reuters reported. Domino's: Global, 21,536; U.S., 7, Hut: Global, 20,225; U.S., 6,474. The dominance of Domino's and Pizza Hut has impacted a lot of smaller pizza dining chains, like Backdraughts Pizza, which can't compete with the two largest chains' sheer number of locations and their huge advertising budgets. Fierce competition, along with rising labor and food costs, has forced many smaller pizza restaurant chains to close locations and sometimes file for Chapter 11 or Chapter 7 bankruptcy protection. Image source: Bloomberg/Getty Images Popular brick-fired pizza and craft beer chain Back Draughts LLC filed for Chapter 11 bankruptcy protection to reorganize its business on July 23. The New Port Richey, Fla., pizza restaurant chain, whose locations are known as Backdraughts Pizza, filed its Subchapter V petition in the U.S. Bankruptcy Court for the Middle District of Florida, listing up to $50,000 in assets and $1 million to $10 million in liabilities. The family-owned pizza chain, which opened about six years ago in a downtown Post Office building, currently operates locations in Tarpon Springs and New Port Richey, Fla., as well as the Twisted Orange Craft Cocktail Lounge in Tarpon Springs. People First Pizza: March 26, 2025Zeppe's Tavern: March 31, 2025;Bertucci's Restaurants: April 24, 2025;Red Door Pizza LLC: July 15;Back Draughts: July 23. Other small pizza chains also faced financial distress this year as rock and roll-themed pizza restaurant franchise Zeppe's Tavern in Newbury, Ohio, filed for Chapter 11 bankruptcy on March 31, 2025, seeking to reorganize its business. Zeppe's Tavern consists of 13 locations in Northeast Ohio and one in Naples, Fla., according to the restaurant's website. Major iconic food brand files for Chapter 11 bankruptcyPopular Dairy Queen rival franchisee files Chapter 11 bankruptcyPopular vision care chain files for Chapter 11 bankruptcy East Coast pizza chain Bertucci's Restaurants filed for Chapter 11 protection three times in seven years, facing economic issues. The pizza chain first filed in April 2018, and then filed a second time in December 2022, when it operated 31 restaurants. Bertucci's had 15 restaurants when it filed the third time in April 2025. Related: Popular vodka and gin brand declares Chapter 11 bankruptcy Even some of the largest chains were not immune from filing for bankruptcy, as People First Pizza Inc., which operated Domino's Pizza locations, on March 26, 2025, filed for Chapter 11 bankruptcy protection to reorganize its business, facing over $500,000 in disputed claims. The franchisee planned to continue operating. Greenville, S.C.-based Little Caesars pizza franchisee Red Door Pizza LLC, which is owned by fast-food chain franchisee Red Door Brands LLC, filed for Chapter 11 bankruptcy protection on July 15 along with three affiliates, seeking to restructure their businesses. Don't miss the move: Subscribe to TheStreet's free daily newsletter The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
6 days ago
- General
- Yahoo
Sorry, But It's Actually Physically, Mentally, And Emotionally Impossible Not To Laugh At Every Single One Of These Pictures
1.A New York City classic: 2.A simple rule: 3.A stern warning: to be made: spoon news: urgent demand: Related: hottest summer beverage: perfect sign: advice: 10.A quick FYI: ultimatum: contributions: perfect joke: strange ingredient: 15.A call for help: and lucid instructions: Related: 17.A quick Intersport update: one-stop shop: 19.A teacher's announcement: on a leash: 21.A quick reminder: 22.A quick heads up: 23.A helpful direction: news: urgent message: Related: Hut's demand: 27.A gentle warning: apt description: overwhelming situation: 30.A tender message: 32.A most difficult vehicle: helpful advice: 34.A celebration of faith: ultimate in TV technology: 36.A dire situation: perfect place to come to a halt: Related: sorrow: 39.A prooper sign: duty: 41.A warning from the Chili's parking lot: perfect place to catch a buzz: most azmanig dish: store with everything you need: Bell's big new ad campaign: 46.A cry for delp: 48.A strong selling point: 49.A bit of peantt: a message of hope: Something we can all get behind. Also in Internet Finds: Also in Internet Finds: Also in Internet Finds:
News18
27-06-2025
- Business
- News18
Indian Railways Builds First 3D-Printed Gangman Hut In Andhra Pradesh In Just 25 Days
Last Updated: Speaking to News18, an official said that with 3D printing significantly reduced construction time and material waste, making it more environmentally friendly. In a first for Indian Railways, Rail Vikas Nigam Limited (RVNL) has completed the construction of a 3D-printed Gangman Hut at Parvatipuram station in Andhra Pradesh in just 25 days. This cutting-edge project marks the first-ever 3D-printed railway building in Indian Railways and Andhra Pradesh, the Navratna PSU under the Ministry of Railways announced on Thursday. The 1,076 sq ft (100 sq m) hut serves as a shelter for track maintenance staff, called gangmen, providing them with rest space, tool storage, and a work base. The station – located under the Waltair Division of the East Coast Railway Zone – falls under the ongoing Vizianagaram–Titlagarh third line project. This railway line aims to boost freight and passenger capacity, especially in light of growing industrial activity in the nearby regions. 'Unlike traditional brick-and-mortar construction, this Gangman Hut was created using a 3D concrete printer—a large robotic machine that prints structures layer by layer using specialised concrete materials. Advanced materials like Ultra-High Performance Concrete (UHPC) and Lightweight Concrete were used to enhance durability, reduce weight, and speed up the construction process," the statement added. Speaking to News18, an official said that with 3D printing significantly reduced construction time and material waste, making it more environmentally friendly. '3D printing allows advanced design capabilities by incorporating complex geometries, textured elevations, and wavy wall patterns that are difficult to achieve with traditional methods. The technology also allows a virtual 3D walkthrough for stakeholders to visualise the building before physical construction begins," they said, demanding anonymity. Both natural and artificial lighting were strategically integrated to enhance functionality and ambiance. This project will drastically change the way infrastructure is constructed in the nation by creating new opportunities for the widespread use of 3D printing in future station buildings, shelters, offices, and housing across Indian Railways and beyond, the RVNL added. Speaking about the technology, Pradeep Gaur, Chairman and Managing Director RVNL, said this initiative could pave the way for broader adoption of 3D printing in low-cost, quick-build infrastructure projects across India. 'RVNL has successfully demonstrated this modern construction technology. It represents a major step in modernising construction practices and highlights RVNL's commitment to deploying cutting-edge technologies for developing modern infrastructure. Such technologies will, therefore, be key contributors to fast-track project execution ensuring sustainability and cost-effectiveness, as we develop a future-ready infrastructure," he said. First Published: June 27, 2025, 10:15 IST
Daily Record
09-05-2025
- Business
- Daily Record
Pizza Hut franchisee hoping to create 20 jobs at new Stirling store
The popular chain is moving a few hundred yards along the road from its long established city centre site - after long-running concerns over the shop units lying empty. Pizza Hut have moved into premises in a city centre building which previously struggled to attract tenants. The chain is moving a few hundred yards along the road from its long established site on the corner of Cowane Street and Wallace Street to shop premises at Goosecroft Road. Pizza Hut says it is a relaunch in Stirling, upgrading to larger premises designed to 'enhance operations and customer experience' and reflects the brand's ongoing investment in its Scottish footprint. The new Hut, on the site of a previous Papa John's franchise, is operated by Fife-based conglomerate Glenshire Group and becomes the 23rd store in their growing portfolio. The franchisee hopes the opening will create around 20 jobs. The store offers delivery and collection services, while also offering a small seating area for those who want to eat on the go. Director Zibby Ghafoor said the team are thrilled about the opportunity to upgrade the previous store. He said: 'We're bringing a fresh approach to the site, with an updated look and feel, new menu, and new equipment. 'Our excellent team at the previous Hut in Stirling were kept busy in other stores while we fitted out the new unit. 'This is a great location, and we have a lot of people to serve.' Area Manager Louise Ferry said: 'We're committed to delivering quality, variety, and exceptional service, and we can't wait to welcome everyone back in for their favourite pizzas, sides, and desserts. 'This opening marks another step in our journey to serve more of Scotland, and we're grateful to the Stirling community for their patience and support.' The new shop is in a £6 million building at the corner of Maxwell Place which features 53 flats with four shop units on the ground floor. The introduction of Pizza Hut will be a welcome addition for those keen to see the shop units occupied. Since the building was completed at the start of 2016 residents quickly moved into the flats but some of the shops remained unoccupied for the first few years, during which Stirling Council officials gave repeated assurances to councillors that tenants were due to move in - and even when businesses began to occupy some of the smaller units, filling the largest unit was described as challenging and other forms of fit-out were tried.
Yahoo
17-04-2025
- Yahoo
Jacksonville Police seek help in identifying larceny suspects
JACKSONVILLE, N.C. (WNCT) — The Jacksonville Police Department is seeking the public's help in identifying two people connected to larceny from a Sunglass Hut. One suspect is a shorter, medium build, black male wearing a black hoodie with red lettering, and gray sweatpants. The other suspect is a female that was described as shorter, heavier build, black female with black hair, wearing a crop top, and a denim jacket. If you know the identity of the suspects, please contact JPD Detective A. Wilson at 910-938-6520 or wilsona@ or Crime Stoppers at 910-938-3273. Information can also be anonymously texted via Text-A-Tip by typing TIP4CSJAX and your message to 274637 (CRIMES) Please refer to Case 25-02753 when calling or texting about these photos. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
