Pizza Hut's parent company explores sale of struggling chain

Yum! Brands, the parent company of Pizza Hut, is considering selling the struggling chain due to declining same-store sales in the US market. With 20,000 global stores and 6,500 in the US, Pizza Hut faces tough competition from rivals like Papa Johns and Domino's Pizza. Yum! Brands is exploring strategic options for its pizza division as it focuses on strengthening its other brands like KFC and Taco Bell, which have shown better performance recently.