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KFC Corporation, [4] doing business as KFC (also commonly referred to by its historical name Kentucky Fried Chicken), is an American fast food restaurant chain that specializes in fried chicken. Headquartered in Louisville, Kentucky , it is the world's second-largest restaurant chain (as measured by sales) after McDonald's , with over 30,000 ...
The first KFC franchise opened in the United States in 1952. [2] The first overseas franchise was established in the United Kingdom in May 1965. A large number of Caribbean and developed Western markets entered by the early 1970s. This was followed by expansion throughout the Middle East and developed Asian markets from the mid-1970s and into ...
This is a list of the largest fast-food restaurant chains by their number of locations in the world. Country of origin ... KFC: 30,000+ (2024) [8] US$31.3 billion ...
Yum! Brands, Inc. (sometimes called simply Yum!) is an American multinational fast food corporation. It is a spin-off of PepsiCo, after they acquired KFC, Pizza Hut, and Taco Bell.
Yum! has proven to be a more focused owner than Pepsi, and although KFC's number of outlets has declined in the US, the company has continued to grow in Asia, South America, and Africa. The chain has expanded to 18,875 outlets across 118 countries and territories, with 4,563 outlets in China alone, KFC's largest market.
The 100th store in Taiwan opened in 1999. It was the second-largest fast-food chain restaurant in Taiwan until Mos Burger exceeded the number of branches of KFC in 2008. Now KFC is the third-largest fast-food chain restaurant, with 137 stores as of 2017. [25]
KFC benefited from the economic boom in Japan during the 1980s, and grew to 1,000 outlets with annual sales of $1.2 billion by 1993. [ 8 ] [ 9 ] However, the rapid expansion of outlets saw franchisees competing for market shares with each other, and around 100 outlets closed down in the mid-1990s.
In May 2016, Collins Foods further acquired 13 KFC restaurants in New South Wales and Victoria. As of November 2016, Collins Foods operates 190 KFC stores in Australia: 132 in Queensland, four in the Northern Territory, 41 in Western Australia, and two in New South Wales. [14] An additional 5 to 6 stores were planned for financial year 2017. [15]