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The first restaurant closed in 1986, [15] while the building was saved from demolition November 19, 2015, and was moved 45 miles (72 km) to the Taco Bell Corporate Office at 1 Glen Bell Way in Irvine, California and is currently stored intact on the corporate parking lot premises and known as "Taco Bell Numero Uno".
On 6 September 2018, Collins Foods announced that it has purchased the franchise rights to Taco Bell in Australia. [21] Collins now has plans to roll out 50 Taco Bell stores across Australia over the next 5 years. [21] As of 22 October 2023, Collins Foods operates 27 Taco Bell restaurants in Australia. [12]
A year later, PepsiCo purchased Taco Bell from founder Glen Bell. [4] In July 1986, R. J. Reynolds sold KFC to PepsiCo [4] to pay off debt from its recent purchase of Nabisco. In 1990, Hot 'n Now was acquired via Taco Bell from William Van Domelen, [5] but the company was sold in 1996. [6] In 1992, PepsiCo acquired California Pizza Kitchen.
Headquarters Parent company Number of U.S. locations Areas served Notes BonChon Chicken: Busan, South Korea: 2002 Dallas, Texas: 115 Nationwide Cupbop: Salt Lake County, Utah: 2013 Salt Lake City, Utah: 38 Mountain states, Oklahoma L&L Hawaiian Barbecue: Honolulu, Hawaii: 1976 Honolulu, Hawaii: 209
Dortch Enterprises (DE) is a company in the restaurant business as a Subway and Taco Bell multiunit franchise operator and formerly owned the Halo Burger chain. Dortch was only one of 38 out of the 17,000 Subway franchisees worldwide that owns 40 or more locations. [1] The company as of August 12, 2019 has 21 Subway and 24 Taco Bell locations. [5]
Brands, the parent company of KFC, Pizza Hut, Taco Bell and WingStreet, acquired Habit. [19] The brothers decided to retire and sell their remaining restaurants to Yum! Brands in 2021. [20] The operations shifted in March 2022. [21] July 2024 saw its restaurants switch soft drinks, as a result of Yum! Brands' acquisition, from Coca-Cola to Pepsi.
In 2000, Yorkshire Global Restaurants agreed to test multi-branded locations with Louisville, Kentucky-based Tricon Global, owner of the KFC, Pizza Hut, and Taco Bell chains. [citation needed] The parent company of Long John Silver's and A&W, Yorkshire was acquired by Tricon Global and Tricon was renamed Yum! Brands, Inc in May 2002.
Niccol joined Taco Bell during a time when sales had stagnated. [24] The brand had spent millions of dollars to fight a class action lawsuit regarding the quality of its beef. [ 25 ] While the lawsuit was dismissed, Taco Bell sales dropped 5% in Q2 2011, which the company attributed to damaged consumer perceptions of its food. [ 26 ]