You can be on Entrepreneur’s cover!

Pizza Hut Resignation, Donatos Pullout Unsettle Sector <b></b>

entrepreneur daily

Des Moines, Iowa--It's been a downbeat week for America's pizza purveyors. First, McDonald's Corp. pulled its Donatos Pizza operation out of Atlanta, where it had 23 units, raising questions about the hamburger giant's interest in the sector. Then Yum Brands Inc. replaced the president of its Pizza Hut chain, the world's biggest player in what is clearly a slow-growth, slug-it-out business.

These events add evidence that the pizza business is grasping for customers, not only with hefty discounts and free beverages, but also with products that have little to do with pizza. Both Pizza Hut and Papa John's now are selling chicken items--wings at Pizza Hut and strips at Papa John's. Pizza parlor closures are up at several chains, including Pizza Hut, Papa John's and Domino's. Some of the shrinkage reflects growing competition from quick-casual restaurants offering novel tastes to supermarkets selling take-and-bake pies. -Dow Jones Business News

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

This Dad Started a Side Hustle to Save for His Daughter's College Fund — Then It Earned $1 Million and Caught Apple's Attention

In 2015, Greg Kerr, now owner of Alchemy Merch, was working as musician when he noticed a lucrative opportunity.

Business News

This One Word Is a Giveaway That You Used ChatGPT to Write an Email, According to an Expert

"Delve" has increased its presence in written work since ChatGPT entered the scene.

Business News

Yes, You Can Buy a Foldable Tiny Home on Amazon — And Now It's Selling for Less Than $12,000

The waterproof and flameproof house was listed around $35,000 a few months ago.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

This Futuristic Wearable Smartphone Alternative Projects a Screen on Your Palm — And It's Now Widely Available

Humane's Ai Pin fastens magnetically to clothing and becomes a voice-activated AI assistant that can make calls, send texts, take notes, and find answers to complex questions.

Side Hustle

This Insurance Agent Started a Side Hustle Inspired By Nostalgia for His Home State — Now It Earns Nearly $40,000 a Month

After moving to New York City, Danny Trejo started a business to stay in touch with his roots — literally.