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A man sits at a red checkerboard table with a Tiffany-style Pizza Hut lamp hanging above him.
Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia

Yum Brands sold Pizza Hut to private equity firm LongRange Capital and Yum China Holdings Inc. for a combined $2.7 billion deal.

By Sasha RogelbergJune 16, 2026
butter
Welcome to the summer of ‘Butter Yellow,’ the shade of consumer anxiety
By Nick LichtenbergJune 16, 2026
Young worker dreams while working
Michaels CEO tells young workers to stop daydreaming of success and ‘get moving, take some action, take some risk’
By Emma BurleighJune 16, 2026
tt
Target turnaround adds Isaac Mizrahi as creative director at large
By Anne D'Innocenzio and The Associated PressJune 16, 2026
There’s nothing as American as apple pie. McDonald’s is bringing back its fried apple pie for the first time in 30 years for the country’s 250th
There’s nothing as American as apple pie. McDonald’s is bringing back its fried apple pie for the first time in 30 years for the country’s 250th
By The Associated Press and Dee-Ann DurbinJune 16, 2026
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Yum Brands sells a shrinking Pizza Hut for $2.7 billion
By Michelle Chapman and The Associated PressJune 16, 2026
Latest Stories
Citi, Ford, and Experian share their strategies for scaling AI agents
C-SuiteCiti, Ford, and Experian share their strategies for scaling AI agents
By Alexei OreskovicJune 16, 2026
Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
BankingVietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
By Angelica AngJune 16, 2026
Vessels lie at anchor in the Strait of Hormuz off Iran's coast.
EnergyFilling up your car won’t feel normal until next summer, S&P says
By Tristan BoveJune 16, 2026
Anthropic CEO Dario Amodei speaking into a microphone.
NewslettersDecision on Anthropic’s Fable and Mythos models means the U.S. has a licensing regime for frontier AI—it just doesn’t want to admit it
By Jeremy KahnJune 16, 2026
Exclusive: PayPal winds down venture arm as fintech giant restructures under new CEO
Startups & VentureExclusive: PayPal winds down venture arm as fintech giant restructures under new CEO
By Ben WeissJune 16, 2026
‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
Europe‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
By Mia OsmonbekovJune 16, 2026
U.S. Treasury Secretary Scott Bessent.
EconomyTrump turned the dollar into a foreign policy tool, and now risks undermining the currency’s extraordinary status, think tank says
By Tristan BoveJune 16, 2026
elon musk poses while wearing a suit
AISpaceX’ surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading—and it reveals Elon Musk’s new power
By Lily Mae LazarusJune 16, 2026
More RetailPage 23 of 100
McDonald’s pulls the plug on beverage-focused CosMc’s
RetailMcDonald’s pulls the plug on beverage-focused CosMc’s
By Chris MorrisMay 27, 2025
  • Richemont sales jump on resilient demand for Cartier jewelry
    RetailRichemont sales jump on resilient demand for Cartier jewelry
    By Angelina Rascouet and BloombergMay 16, 2025
Christian Horner, Team Principal of Oracle Red Bull Racing with Bernard Arnault, CEO of LVMH and his sons Alexandre, Frederic, and Jean.
RetailWhy LVMH’s $1 billion Formula One bet is more than the average luxury partnership
By Prarthana PrakashMay 27, 2025
Swiss watch exports to the U.S. soar nearly 150%, even as Trump’s higher tariffs are delayed
RetailSwiss watch exports to the U.S. soar nearly 150%, even as Trump’s higher tariffs are delayed
By AFPMay 27, 2025
European Commission President Ursula von der Leyen arrives for a press photo prior to a meeting with Petr Pavel, President of the Czech Republic at the EU headquarters on May 20, 2025 in Brussels.
EconomyEU plans to ‘fast track’ trade talks with US amid tariff fight
By Jorge Valero and BloombergMay 26, 2025
Here’s what’s open (and closed) on Memorial Day 2025
RetailHere’s what’s open (and closed) on Memorial Day 2025
By Chris MorrisMay 26, 2025
Memorial Day 2025 deals: Best freebies and discounts for veterans
RetailMemorial Day 2025 deals: Best freebies and discounts for veterans
By Chris MorrisMay 26, 2025
  • Americans rushed to splurge before Trump’s tariffs kicked in—but the shopping spree may be coming to an end
    RetailAmericans rushed to splurge before Trump’s tariffs kicked in—but the shopping spree may be coming to an end
    By Christopher Rugaber, Anne D'Innocenzio and The Associated PressMay 15, 2025
A different kind of Brat summer: Johnsonville will offer an 80-pound, 249-link variety pack of sausages, brats, and hot dogs, which comes with its own hand truck
RetailA different kind of Brat summer: Johnsonville will offer an 80-pound, 249-link variety pack of sausages, brats, and hot dogs, which comes with its own hand truck
By Chris MorrisMay 23, 2025
Brawny triples down on the paper towel wars with a new 3-ply option—and it’s giving out free house cleanings
RetailBrawny triples down on the paper towel wars with a new 3-ply option—and it’s giving out free house cleanings
By Chris MorrisMay 23, 2025
people filming an advertisement
RetailBrands could start shunning AI for social media marketing and advertising, instead using their feeds to show off ‘proof of reality,’ consultant says
By Jennimai Nguyen and Marketing BrewMay 23, 2025
A frowning man holds the door open to an Urban Outfitters.
RetailTariffs are threatening the accuracy of fall fashion trends by forcing earlier clothing shipments amid supply-chain headaches, Urban Outfitters CEO says
By Sasha RogelbergMay 22, 2025
two stacks of pennies
PoliticsU.S. Mint says it’s stopping penny production
By Fatima Hussein and The Associated PressMay 22, 2025
  • A Kohl’s board member resigned because she was ‘continually disappointed’ by governance and a lack of transparency. The retailer denies there was any friction
    RetailA Kohl’s board member resigned because she was ‘continually disappointed’ by governance and a lack of transparency. The retailer denies there was any friction
    By Sydney LakeMay 15, 2025
Prabhakar Reddy
NewslettersOpenFX raises $23 million led by Accel to build near-instant cross-border transactions
By Leo SchwartzMay 22, 2025
The Jaguar Type 00 Concept Car on a Monaco pier.
RetailJaguar is going on a world tour to sell its controversial rebrand to wealthy art lovers
By Ryan HoggMay 22, 2025
LVMH CEO Bernard Arnault.
PoliticsEurope’s wealthiest billionaire Bernard Arnault hopes to use his ‘modest means’ to convince the EU to negotiate better with the U.S.
By Prarthana PrakashMay 22, 2025
A woman picks up and looks at a steel pot in a store.
RetailT.J. Maxx and Marshalls can ‘insulate’ themselves from tariffs because their business model is scooping up other retailers’ unsold inventory
By Sasha RogelbergMay 22, 2025
Ilene Eskenazi, Chief Human Resource Officer, Chipotle Bijal Shah, Chief Executive Officer, Guild
ConferencesChipotle employees are rising through the ranks and making 6 figures after Guild suggested a simple switch that transformed the workforce
By Amanda GerutMay 21, 2025
Andy Jassy presents onstage at a 2024 AWS event
AIAndy Jassy makes the case for Amazon’s extraordinary AI spending, promising shareholders they will end up ‘very happy’
By Jason Del ReyMay 21, 2025
Chanel’s profits plunge 28% as global turbulence threatens the luxury giant’s pricing power
RetailChanel’s profits plunge 28% as global turbulence threatens the luxury giant’s pricing power
By AFPMay 21, 2025
The $404 million cyberattack: Britain’s M&S faces pay hit and expects disruption to last through to July
RetailThe $404 million cyberattack: Britain’s M&S faces pay hit and expects disruption to last through to July
By AFPMay 21, 2025
Sebastian Siemiatkowski, wearing a yellow shirt, talks into a microphone.
FinanceAs BNPL giant Klarna signs on more customers, more could struggle to repay loans in a slowing economy
By Greg McKennaMay 21, 2025
Billy Long before the Senate
PoliticsEx-congressman who sponsored bill to abolish the IRS now in line to lead agency under Trump
By Fatima Hussein and The Associated PressMay 20, 2025
Kohl's storefront
RetailKohl’s considers replacing headhunter that found the CEO it fired
By Lily Meier, Matthew Boyle and BloombergMay 20, 2025
Udit Madan stands in front of an open driver side door of a Rivian delivery van.
TechMeet Amazon’s 38-year-old supply chain guru, helping CEO Andy Jassy navigate tariff chaos with a giant fleet of planes, trucks, and robots
By Jason Del ReyMay 20, 2025
Michael O'Leary, chief executive officer of Ryanair Holdings Plc, during a Bloomberg Television interview in London, UK, on Monday, May 19, 2025. Ryanair said profit growth this year will depend on working through the risk of tariff wars, geopolitical conflicts and macro-economic blows.
RetailRyanair fares set to rise by nearly 20% as airline plots profit rebound
By Ryan Hogg, Alexandra Bacon and AFPMay 20, 2025
customers walking by Foot Locker store
RetailNike poised to win in Dick’s Sporting acquisition of Foot Locker
By Will Kubzansky, Kim Bhasin and BloombergMay 19, 2025
Meet your startup’s next recruiter: Your venture capital firm
NewslettersMeet your startup’s next recruiter: Your venture capital firm
By Leo SchwartzMay 19, 2025
Diageo plans $500 million of cost cuts as U.S. tariffs kick in
RetailDiageo plans $500 million of cost cuts as U.S. tariffs kick in
By Sabah Meddings and BloombergMay 19, 2025
Trump’s tariffs may mean Walmart shoppers pay more, his Treasury chief acknowledges
RetailTrump’s tariffs may mean Walmart shoppers pay more, his Treasury chief acknowledges
By Josh Boak and The Associated PressMay 18, 2025
Swiss running brand On became $3 billion richer in the last week. It’s coming for Nike and Adidas next
RetailSwiss running brand On became $3 billion richer in the last week. It’s coming for Nike and Adidas next
By Ryan HoggMay 17, 2025
Walmart wants you to know that even with the trade war deescalation higher prices are inevitable
RetailWalmart wants you to know that even with the trade war deescalation higher prices are inevitable
By Anne D'Innocenzio and The Associated PressMay 16, 2025
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Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cupplaceholder alt text
By Preston ForeJune 15, 2026
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