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YUM! Brands — the parent company of Taco Bell, KFC, and Pizza Hut — doesn't plan to hike prices "as much" this year as last.With inflation pinching consumers, CEO David Gibbs said price hikes ...
PepsiCo divested the brands in 1997, and these consolidated as Yum! The company operates KFC, Pizza Hut, Taco Bell, WingStreet (Pizza Hut's chicken wing menu), and Habit Burger & Grill since 2020, except in China, where the brands are operated by another company known as Yum China. Yum! previously also owned Long John Silver's and A&W Restaurants.
Philippine Pizza, Inc. Popeyes: Fast food: 2019 Multinational chain of fried chicken fast food restaurants founded by Al Copeland. Closed its Philippine branches in 2007 due to a conflict with its local franchise holder, but later returned in 2019 to re-open seven stores. [16] [17] Potato Corner: French fries: 1992 Red Ribbon Bakeshop: Bakery: 1979
Country of origin Name Number of locations Revenue 1 China Mixue Ice Cream & Tea: 45,000 (2024) [1]: 168 RMB13.6 billion (2021) [1]: 247 : 2 United States McDonald's ...
Yum! Brands (spun off from PepsiCo in 1997) owns KFC, Taco Bell, and Pizza Hut restaurants outside of China. Yum China owns KFC, Taco Bell, Pizza Hut, East Dawning and Little Sheep restaurants in China.
Many KFC locations are co-located with either Taco Bell or Pizza Hut, or other Yum! restaurants. [10] When Yum! owned Long John Silver's and A&W Restaurants, these brands were often co-branded with KFC as well. [131] Often these locations behave like a single restaurant, offering one menu with food items from both restaurant brands. [132]
[13] [14] [15] The share price immediately doubled. [16] By 2016, growth had slowed significantly, in line with the burger business. [17] In 2017, the company announced plans to expand into the United Kingdom with 30 restaurants. [18] In March 2020, Yum! Brands, the parent company of KFC, Pizza Hut, Taco Bell and WingStreet, acquired Habit. [19]
In second place is the Wai Wai brand from Thai Preserved Food Factory at 23–24 percent, followed by Ajinomoto's Yum Yum brand at 20–21 percent. [ 99 ] Due to their ubiquity, instant noodles were chosen as a vehicle for dietary fortification by a joint effort of the Federation of Thai Industries, instant noodle producers, and the Ministry of ...