Pizza Hut parent Yum Brands considers selling the chain
Yum Brands, Pizza Hut's parent company, on Tuesday said it is conducting a formal review of strategic options for the pizza chain, which could potentially lead to its sale. Pizza Hut, which derives nearly half of its sales from the US, saw a 7% decline in sales in the country. Notably, it has nearly 20,000 stores in over 100 countries.