INSUBCONTINENT EXCLUSIVE:
Pizza Hut presently has 500 stores throughout the countryQuick service restaurant Pizza Hut announced on Wednesday, August 18, that it is
teaming up with FMCG Major Hindustan Unilever Limited (HUL) to add their successful Kwality Wall's desserts including ice creams, to its own
dine-in and takeaway menu
With the partnership, Pizza Hut anticipates to increase its average order worth by 10 per cent for orders that have Kwality Wall's ice cream
and desserts, according to its statement.Pizza Hut has likewise end up being the first-ever pizza quick-service dining establishment chain
to supply ice creams and desserts across its owned and aggregator platforms
In order to serve its target audience, Pizza Hut is likewise launching numerous combos inclusive of desserts and ice creams for solo,
couple, along with group intake, consisting of a special meal for kids.Pizza Hut and the Anglo-Dutch FMCG major Unilever - the parent
business of Hindustan Unilver, have a similar worldwide partnership throughout more than 25 international markets
On Wednesday, shares of HUL settled 0.20 percent greater at Rs 2,484.10 apiece on the BSE.In 1996, Pizza Hut opened its first store in
Bangalore and became the first worldwide pizza chain to get in India
Owned by US-based quick-service restaurant chain Yum Brands Inc, Pizza Hut currently has 500 shops across the country.Meanwhile, Devyani
International - the largest franchisee of Yum Brands and also among the largest quick-service restaurants chain operators in India, made a
strong launching on the bourses on August 16 and got listed at a premium of 56 percent
It operates junk food brand names such as KFC, Pizza Hut, Taco Bell, Costa Coffee
Shares of Devyani International settled 1.31 percent lower at Rs 124.10 apiece on the BSE.
