The news was so shocking and so unbelievable that I assumed it was internet bait and click, the business story equivalent of nude sunbathing actors. Pizza Hut sold? And to the company that owns 24 Hour Fitness? Impossible.
So I texted Bruce Allar, once the editor of Pizza Today, a magazine that covers the pizza business and for which I wrote for a decade. He was stunned as I was.
“It probably means the end of Pizza Hut after all the profits are extracted,” he texted me. “I can’t help but think that the Pizza Hut concept, in-store sales of mass-market pies, is way past useful.“…