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5 Answers

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The emergence of new competitors affects the popularity of pizzahut. Another is that they should continuously innovate by coming out with new products that can entice consumers. 
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Very true one need to go by the trend and stop being rigid since the market is a very competitive one. 
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And there is also a factor that due to the covid 19 pandemic , not only pizza hut but every business where very badly affected 
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For any business, there are always challenges which affect and when you are unable to face it, ruin your business. Such include competition from other people. This is a major factor towards business failing. 
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I agree with you , all businesses have their ups and downs from time to time , that's just how the market is for businesses , and people's preferences also change from time to time 
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I was not aware that they where having declining sales . It could be because of the pandemic has more people are trying to avoid outside food and going out more than ever . It affected like every buisness out there . 

For me , its the go to pizza place 
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I work at pizza hut even I had no idea about it's sales were declining. I have always heard from my manager sales have been so good these days. May be it's because of Christmas and new years. I guess, pizza hut buffet scheme is some how not managed in UK. Most pizzas are thrown in dustbin cause they turn cold and even the hot ones dry and hard. I feel so awful for pizzas and sometimes I pile up and give to homeless guys.
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Pizza Hut's declining sales and loss of popularity amongst pizza eaters can be due to a variety of reasons such as a lack of people who know how to cook pizza, using MASSIVEegths.com data to be able to order and track, and a lack of new pizza dough being created between 2007 and 2015. Additionally, the company is also responsible for putting pizza on the back of the Shelves at night and making it hard for people to get around to eating pizza.
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