Business
Pizza Hut Up For Sale? How Domino’s Outpaced Its Older Rival Across The World
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Yum Brands is reviewing options for Pizza Hut amid declining market share, facing tough competition from Domino’s, and considering sale, partnership, or divestment
Pizza Hut has struggled against Domino’s, which excels with a delivery-first model and strong digital presence.
Yum Brands has announced that it is reviewing strategic options for its flagship pizza brand, Pizza Hut. In a statement last week, CEO Chris Turner indicated that the brand faces persistent challenges that may require measures beyond the current corporate structure to unlock its full potential. While no timeline has been set, potential options could include a sale, partnership, or stake divestment.
Pizza Hut, founded in 1958, has long been a staple alongside Yum’s other brands, KFC and Taco Bell. Despite its legacy, Pizza Hut has struggled to keep pace with competitors, most notably Domino’s, founded just two years later in 1960. While the brand still enjoys a loyal customer base that appreciates its traditional pizza offerings, declining market performance has prompted Yum to consider structural changes.
Declining US Market Share
Pizza Hut’s share of the US pizza market has steadily eroded over the past decade. According to QSR Magazine, Technomic, and Statista, the US pizza market was valued at approximately $50 billion in 2024. Domino’s leads with a commanding 36% market share, while Pizza Hut’s share fell from 22.6% in 2019 to 18.7%. A closer look at historical trends shows a persistent decline:
| Year | US Sales ($ bn) | Total Market Size ($ bn) | Pizza Hut Share (%) |
| 2010 | 5.4 | 32 | 16.9 |
| 2012 | 5.4 | 35 | 15.4 |
| 2015 | 5.4 | 38 | 14.2 |
| 2018 | 5.5 | 42 | 13.1 |
| 2020 | 5.38 | 45 | 11.9 |
| 2021 | 5.4 | 46 | 11.7 |
| 2022 | 5.27 | 47 | 11.2 |
| 2023 | 5.6 | 49 | 11.4 |
| 2024 | 5.5 | 50 | 11 |
Several factors have contributed to this decline:
1. Heavy reliance on dine-in operations: Pizza Hut’s traditional focus on sit-down restaurants has become a liability in the post-pandemic era, as consumers increasingly prefer delivery and takeaway. Domino’s, by contrast, has thrived with a delivery-first model.
2. Sustained sales decline: US same-store sales fell 6% by Q3 2025, marking a seven-quarter downward streak. Domino’s, in contrast, reported a 5.2% increase. Globally, Pizza Hut’s performance mirrors this trend, with Turkey closing over 300 stores in January 2025 alone.
3. Quality and menu perception: Customer feedback indicates dissatisfaction with Pizza Hut’s dough, taste, variety, and delivery speed, with some citing recipe changes that dilute the brand’s core identity.
4. Technology and innovation gap: Domino’s investments in digital ordering, real-time tracking, and loyalty incentives have strengthened its customer engagement, while Pizza Hut’s campaigns, such as “Adultzz Only”, failed to resonate.
Pizza Wars in India
The competition between Pizza Hut and Domino’s is equally stark in India. The Indian pizza market, valued at around Rs 45,000 crore in 2025, is dominated by Domino’s, which controls over 60% of the market. Pizza Hut holds roughly 20-25%, placing it second but well behind its rival.
- Store presence: Domino’s operates 2,321 outlets, recently adding 81 new locations. Pizza Hut operates 630-637 stores and added 63 in the same period.
- Revenue: Domino’s revenue is estimated between Rs 8,000-10,000 crore, growing 18.8% year-on-year. Pizza Hut generates Rs 1,500-2,000 crore, with slower growth.
- Same-store sales: Domino’s existing stores reported 9.1% growth, with delivery up 20.1%. Pizza Hut’s existing stores grew only 5%.
- Operator focus: Domino’s India is managed by Jubilant Foodworks, which continues to expand aggressively. Pizza Hut is managed by Sapphire Foods, which also operates KFC, though its focus on Pizza Hut appears limited.
The strategic review by Yum Brands underscores the challenges of sustaining a legacy pizza brand in an era dominated by delivery-centric competitors and tech-driven customer engagement. For Pizza Hut, unlocking growth may require a shift in strategy, ownership, or partnerships to reclaim relevance in both domestic and international markets.
November 12, 2025, 16:36 IST
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Business
Piyush Goyal Dismisses Rahul Gandhi’s Farmer Meet Video, Rebuts ‘Fake Narrative’ On India-US Trade Deal
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The minister offered a detailed reality check to counter what he termed ‘Rahul ji’s fakery’

Goyal reiterated that Prime Minister Narendra Modi’s policies are intrinsically linked to farmer welfare. (File Photo: PTI)
Union Commerce Minister Piyush Goyal has accused Congress leader Rahul Gandhi of orchestrating a “fake narrative” aimed at provoking India’s farming community. Responding to a video released on social media by the Leader of the Opposition on Friday, Goyal dismissed the interaction as a stage-managed performance featuring Congress activists masquerading as genuine farmer leaders. He asserted that the dialogue followed a predetermined script designed to mislead the public regarding the safeguards in the recent India-US trade deal.
Rahul Gandhi has alleged that “any trade deal that takes away the livelihood of farmers or weakens the food security of the country is anti-farmer”. He was pointing to the recently concluded India-US framework agreement for bilateral trade, which is expected to be signed after tweaks by the end of March.
Piyush Goyal offered a detailed reality check to counter what he termed “Rahul ji’s fakery”, placing on record that the Narendra Modi government has fully protected the interests of annadatas, fishermen, MSMEs, and artisans. The minister categorically clarified that sensitive crops like soyameal and maize have been granted no concessions whatsoever in the agreement, ensuring that domestic farmers remain shielded from competitive pressure. He criticised the opposition for repeating “baseless allegations” in an attempt to instill unnecessary fear among the rural population.
Addressing specific claims regarding apple and walnut imports, the minister provided a technical breakdown of the protectionist measures in place. He noted that while India already imports approximately 550,000 tonnes of apples annually due to high domestic demand, the new US deal does not allow unlimited entry. Instead, a strict quota has been established, far below current import levels, and subject to a Minimum Import Price (MIP) of Rs 80 per kg. With an additional duty of Rs 25, the landed cost of US apples will be roughly Rs 105 per kg—significantly higher than the current average landed cost of Rs 75 per kg from other nations—thereby ensuring Indian growers are not undercut. Similarly, for walnuts, the US has been offered a modest quota of 13,000 metric tonnes against India’s total annual import requirement of 60,000 metric tonnes, making it impossible for the deal to harm local producers.
Goyal also took a swipe at the historical record of the Congress party, pointing out the irony of its current stance. He reminded the public that during the Congress-led UPA era, India imported nearly $20 billion worth of agricultural products, including dairy items, which the current administration has strictly excluded from the US pact. He challenged Rahul Gandhi to explain his “betrayal of farmers” and questioned how much longer the opposition intended to peddle fabricated stories.
Concluding with the slogan “Kisan Surakshit Desh Viksit”, Goyal reiterated that Prime Minister Narendra Modi’s policies are intrinsically linked to farmer welfare. He maintained that the India-US agreement is a balanced framework that opens new markets for Indian exports like basmati rice and spices while keeping the nation’s agricultural backbone secure.
February 14, 2026, 05:29 IST
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Business
Without Rera data, real estate reform risks losing credibility: Homebuyers’ body – The Times of India
New Delhi: More than 75% of state real estate regulators, Reras, have either never published annual reports, discontinued their publication or not updated them despite statutory obligation and directions from the housing and urban affairs ministry, claimed homebuyers’ body FPCE on Friday. It released status report of 21 Reras as of Feb 13.The availability of updated annual reports is crucial as these contain details of data on performance of Reras, including project completion status categorised by timely completion, completion with extensions, and incomplete projects. The ministry’s format for publishing these reports also specifies providing details such as actual execution status of refund, possession and compensation orders as well as recovery warrant execution details with values and list of defaulting builders.FPCE said annual report data is not only vital for homebuyers to assess system credibility, but is equally necessary for both state and central govts to frame effective policies, design incentivisation schemes, and develop tax policy frameworks.“Unless we have credible data proving that after Rera the real estate sector has improved in terms of delivery, fairness, and keeping its promises, we are merely firing in the air,” said FPCE president Abhay Upadhyay, who is also a member of the govt’s Central Advisory Council on Rera.As per details shared by the entity, seven states — Karnataka, Tamil Nadu, West Bengal, Andhra Pradesh, Himachal Pradesh and Goa — have never published a single annual report since Rera’s implementation, and nine states, including Maharashtra, Uttar Pradesh and Telangana, which initially published reports, have discontinued the practice.Upadhyay said when regulators themselves don’t follow the law, they lose the legal right to demand compliance from other stakeholders. “Their failure emboldens builders and weakens the very system they are meant to safeguard,” he said.
Business
Infosys Rolls Out 85% Average Performance Bonus In Q3FY26, Best In Over 3 Years
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Over recent quarters, payouts had gradually improved from roughly 65 percent to 80 percent and now to an average of about 85 percent in Q3FY26.

Infosys logo is seen.
IT major Infosys rolled out performance bonus payouts averaging around 85 percent for the quarter ended December 31, 2025 (Q3FY26), marking the strongest variable pay outcome for eligible employees in at least the past three-and-a-half years, Moneycontrol reported citing people in the know.
The bonus payout for mid- to junior-level employees ranges between 75 percent and 100 percent, with most employees clustering around the organisation-wide average of 85 percent, the report said. The development signals a steady recovery in variable compensation at the Bengaluru-headquartered IT services firm. Over recent quarters, payouts had gradually improved from roughly 65 percent to 80 percent and now to an average of about 85 percent in Q3FY26.
Employees are expected to receive their bonus letters over the next few days, with the payout scheduled to be credited along with their February salary.
One employee told the outlet that it is the strongest bonus outcome seen in recent years. The payout is also among the rare instances since the Covid-19 period when variable pay has approached the upper end of the eligible range.
Infosys last paid out 100 percent variable compensation during the pandemic. In the quarters that followed, payouts were lower amid macroeconomic uncertainty and a broader slowdown in client spending across global markets.
The higher payout comes at a time when global IT stocks have faced renewed pressure, driven by concerns over rapid advances in artificial intelligence and their potential impact on traditional IT services models.
Shares of global IT firms have seen sharp sell-offs in recent weeks amid heightened investor focus on AI leaders such as Anthropic. Investors fear that generative AI tools could compress pricing, automate routine services work and reduce demand for legacy outsourcing models.
Against that backdrop, the improved bonus payout at Infosys is being viewed as a signal of operational resilience and near-term performance strength, even as sentiment around the broader IT sector remains cautious.
February 13, 2026, 21:44 IST
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