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By the time of his death, there were an estimated 6,000 KFC outlets in 48 countries worldwide, with $2 billion worth of sales annually. [31] In 1982, Heublein was acquired by R. J. Reynolds, the tobacco giant. [24] In July 1986, Reynolds announced the sale of KFC to PepsiCo for $850 million (around US$2.0 billion in 2020). [32]
By March 2002, the Tricon-Yorkshire multibranding test consisted of 83 KFC/A&Ws, six KFC/Long John Silver's and three Taco Bell/Long John Silver's and was considered successful by the companies. [16] In 2001, KFC started test restaurants in Austin, Texas, called "Wing Works", a chicken wing line sold with one of a few flavored sauces.
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 ...
Colonel [a] Harland David Sanders (September 9, 1890 – December 16, 1980) was an American businessman and founder of fast food chicken restaurant chain Kentucky Fried Chicken (also known as KFC). He later acted as the company's brand ambassador and symbol. His name and image are still symbols of the company.
KFC was forced to renegotiate with Sanders regarding the Canadian activities, as he owned $1.5 million worth of stock and was using it to prevent Massey from listing the company publicly until his points of issue were addressed. [40] Brown and Massey claimed that Sanders only had the rights to process chicken in Canada. [39]
John Young Brown Jr. (December 28, 1933 – November 22, 2022) was an American politician and entrepreneur from Kentucky.He served as the 55th governor of Kentucky from 1979 to 1983, and built Kentucky Fried Chicken (KFC) into a multimillion-dollar restaurant chain.
Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company.It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively.
Brands and operates KFC, Pizza Hut, Costa Coffee and TWG Tea outlets. [6] [7] ... Jaipuria has an estimated net worth of approximately $14.2 billion as ranked by Forbes.