Chris Turner is a person in Burnaze's franchise knowledge graph, mentioned since 2020. 44 stories link here, each summarized from the original publisher.
KFC's U.S. comeback plan continues to navigate a competitive QSR environment, with the Popcorn Chicken generating a strong consumer response.
KFC's U.S. domestic system sales declined 6% in Q3, contrasting with international operations' growth driven by new value platforms and menu innovation.
Taco Bell is rebounding from a Cyclospora‑related 4% drop in U.S. same‑store sales in Q3, with weekly gains, a 25% YoY loyalty growth, and 38% of Yum’s domestic profit.
The fact Yum! Brands divested Pizza Hut earlier this month, splitting the chain from KFC for the first time in nearly four decades, should signal the company is prepared to make bold moves, CFO Ranjith Roy said.
Nearly two months after iceberg lettuce at the chain was linked to Cyclospora, the QSR giant’s foot traffic remains depressed, according to Placer.ai.
Yum Brands focuses on Taco Bell, KFC, and Habit Burger
One of the best stories in the restaurant industry this year has been the improvement of Burger King.
LongRange Capital has finalized its $1.5 billion acquisition of Pizza Hut from Yum Brands, transitioning the legacy pizza chain into a standalone private company.
Taco Bell’s parent will focus on its other brands, while Pizza Hut can begin a turnaround sheltered from the immediate pressures of public markets.
McDonald's and Taco Bell compete with new energy drink launches
Yum! Brands, Inc. today announced the appointment of Stephen (“Steve”) B.
Yum Brands executives spent plenty of time last week discussing Taco Bell’s recovery plan from the July cyclospora outbreak implicating the chain’s lettuce supplied by Taylor Farms as a potential source.
Taco Bell executives believe the brand will recover quickly from the recent Cyclospora outbreak, arguing that the sales impact is already beginning to fade.
Yum Brands enhances loyalty programs at Taco Bell and KFC
Yum Brands sells Pizza Hut for $2.7 billion and overhauls KFC globally.
Yum Brands reported that Taco Bell's traffic and sales figures are recovering following a significant drop caused by a cyclospora outbreak linked to lettuce suppliers.
Yum Brands reported a 3% increase in global same-store sales for Q2, led by a strong 7% performance from Taco Bell prior to a July health outbreak.
Loyalty, value offers and swift removal of lettuce have mitigated the sales impact of the ongoing outbreak of the foodborne parasitic illness.
Yum Brands appoints Nai De Leon as chief people officer
Yum! Brands appoints Nai De Leon as Chief People Officer
Yum China and LongRange Capital Will Acquire the Pizza Chain’s Global Operations Yum! Brands will sell Pizza Hut for $2.7 billion to Yum China and LongRange Capital. Yum China will
Grilled onions and peppers will grace Taco Bell chalupas and nacho fries for a limited time, as the brand tests a QSR version of sizzling fajitas.
When Pizza Hut announced the possibility of a sale, Yum CEO Chris Turner said that a turnaround for the chain might be best executed outside of Yum.
- Quick Service - Mergers & Acquisitions - Finance - News Pizza Hut to be sold to LongRange Capital Parent company Yum Brands is selling its pizza chain in two separate deals for $