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Yum!
Yum! Brands, Inc. (or Yum!), formerly Tricon Global Restaurants, Inc., is an American fast food corporation listed on the Fortune 1000. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Yum! previously also owned Long John Silver's and A&W Restaurants. Based in Louisville, Kentucky, Yum! is one of the world's largest fast food restaurant companies in terms of system units. In 2016, Yum! had 43,617 restaurants, including 2,859 that were company-owned and 40,758 that were franchised, in 135 nations and territories worldwide. History PepsiCo fast food division The company's history began in 1977, when PepsiCo entered the restaurant business by acquiring Pizza Hut. A year later, PepsiCo purchased Taco Bell. In July 1986, R. J. Reynolds sold KFC to PepsiCo to pay off debt from its recent purchase of Nabisco. In 1990, Hot 'n Now was acquired via Taco Bell, but the company was ...
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Taco Bell
Taco Bell is an American-based chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California. Taco Bell is a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican-inspired foods, including tacos, burritos, quesadillas, nachos, novelty and speciality items, and a variety of "value menu" items. , Taco Bell serves over customers each year, at 7,072 restaurants, more than 93 percent of which are owned and operated by independent franchisees and licensees. PepsiCo purchased Taco Bell in 1978, and later spun off its restaurants division as Tricon Global Restaurants, which later changed its name to Yum! Brands. History Taco Bell was founded by Glen Bell, an entrepreneur who first opened a hot dog stand called Bell's Drive-In in San Bernardino, California, in 1948. Bell watched long lines of customers at a Mexican restaurant called the Mitla Cafe, located across the street, which became famous among residents for its har ...
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Pizza Hut
Pizza Hut is an American multinational restaurant chain and international franchise founded in 1958 in Wichita, Kansas by Dan and Frank Carney. They serve their signature pan pizza and other dishes including pasta, breadsticks and dessert at dine-in, take-out and delivery chain locations. They also serve chicken wings on their WingStreet menu. The chain headquartered in Plano, Texas, operates 17,639 restaurants worldwide as of 2020, making it the world's largest pizza chain by number of locations. It is owned by Yum! Brands, Inc., one of the world's largest restaurant companies. History Pizza Hut began on May 31, 1958, by two brothers, Dan and Frank Carney, both Wichita State students, as a single location in Wichita, Kansas. The now famous little brick building was close to their childhood home and stomping grounds. The Carney brothers grew up in the College Hill neighborhood amongst many life long Wichita families where tree-lined streets were filled with historical home ...
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Long John Silver's
Long John Silver's (formerly known as Long John Silver's Seafood Shoppes and sometimes abbreviated as LJS) is an American chain of fast-food restaurants that specializes in seafood. The brand's name is derived from the novel ''Treasure Island'' by Robert Louis Stevenson, in which the pirate Long John Silver is one of the main characters. Formerly a division of Yum! Brands, the company was sold to a group of franchisees in September 2011 and is now 80% franchise-owned. History The first restaurant opened on August 18, 1969, in Lexington, Kentucky. The original location, on 301 Southland Drive, was previously the Cape Codder seafood carry-out restaurant. The original Cape Codder concrete block building was redesigned by architect Druce Henn, who created the New England style of Long John Silver's early chain restaurants. That original location is now a styling salon. Earlier restaurants were known for their Cape Cod style buildings, blue roofs with square cupolas, wood benche ...
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A&W Restaurants
A&W Restaurants is an American fast food restaurant chain distinguished by its burgers, draft root beer and root beer floats. Being the oldest restaurant chain in America, A&W's origins date back to 1919 when Roy W. Allen set up a roadside drink stand to offer a new thick and creamy drink, root beer, at a parade honoring returning World War I veterans in Lodi, California. Allen's employee Frank Wright partnered with him in 1922 and they founded their first restaurant in Sacramento, California in 1923. The company name was taken from the initials of their last names – Allen and Wright. The company became famous in the United States for its "frosty mugs" – the mugs were kept in a freezer and filled with A&W Root Beer just before being served to customers. Evolving into a franchise in 1926, the company today has locations in the United States and some Southeast Asian countries, serving a fast-food menu of hamburgers, hot dogs and French fries. A number of outlets serve as d ...
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The Habit Burger Grill
The Habit Burger Grill is an American fast casual restaurant chain that specializes in charbroiled hamburgers. The company also sells other typical fast-casual fare. Its headquarters are in Irvine, California. In March 2020, Yum! Brands, the parent company of KFC, Pizza Hut, Taco Bell and Wingstreet, acquired The Habit Burger Grill. History The Habit Burger Grill was founded on November 15, 1969, in Santa Barbara County, California as a family-owned business. In 1980, Brent and Bruce Reichard purchased the original location in Goleta. A second location opened in Ventura in 1996 and they gradually grew the chain to twenty-four units in Southern California. In 2007, KarpReilly, a private equity firm, acquired a majority ownership in the company and began to rapidly expand the chain, including franchising. Not included in the sale were the eight locations in Santa Barbara County, California, which remained under the ownership of the Reichard brothers. In 2014, Habit had 109 ...
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David Gibbs (businessman)
David Gibbs became the CEO of Yum! Brands Inc. on January 1, 2020. Before this promotion, he served as the company's president and chief operating officer beginning in January 2019, and president and chief financial officer before that. He became a director of the board in November 2019. Gibbs joined Yum! in 1989, and his service to the company has included worldwide planning, finance, international market management, overall operations and real estate. He was also CEO of Pizza Hut, which is owned by Yum!, president and CFO of Yum! Restaurants International, Yum! Brands chief strategy officer and served in various real estate and restaurant development leadership roles in KFC, Pizza Hut and Taco Bell. Gibbs received his BS in mathematics from the Johns Hopkins University and his MBA in finance from the Fuqua School of Business The Fuqua School of Business (pronounced ) is the business school of Duke University in Durham, North Carolina. It enrolls more than 1,300 students in degr ...
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Yum China
Yum China Holdings, Inc. () is a Chinese Fortune 500 fast-food restaurant company based in Shanghai, China. With US$9.5 billion in revenue and 10,600 restaurants worldwide it is one of the largest restaurant companies. It was spun off from Yum! Brands in 2016, becoming an independent, publicly traded company on November 1, 2016. Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to Yum Brands. It operates 8,484 restaurants in over 1,100 cities located in every province and autonomous region in Mainland China. It has a workforce of 450,000 employees. Since the stock is listed on the New York Stock Exchange, the company has an office in Plano, Texas for SEC filings. History Initial foray into China Spinoff On October 25, 2015, Yum! Brands announced that it intended to separate into two independent, publicly traded companies by spinning off Yum China; it took effect 1 November 2016. Brands Yum China has several subsidiary brands, including KFC ...
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Louisville, Kentucky
Louisville ( , , ) is the largest city in the Commonwealth of Kentucky and the 28th most-populous city in the United States. Louisville is the historical seat and, since 2003, the nominal seat of Jefferson County, on the Indiana border. Named after King Louis XVI of France, Louisville was founded in 1778 by George Rogers Clark, making it one of the oldest cities west of the Appalachians. With nearby Falls of the Ohio as the only major obstruction to river traffic between the upper Ohio River and the Gulf of Mexico, the settlement first grew as a portage site. It was the founding city of the Louisville and Nashville Railroad, which grew into a system across 13 states. Today, the city is known as the home of boxer Muhammad Ali, the Kentucky Derby, Kentucky Fried Chicken, the University of Louisville and its Cardinals, Louisville Slugger baseball bats, and three of Kentucky's six ''Fortune'' 500 companies: Humana, Kindred Healthcare, and Yum! Brands. Muhamm ...
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Brian Cornell
Brian C. Cornell (born 1958) is an American businessman. Cornell is the chairman and chief executive officer (CEO) of the Target Corporation. He is also non-executive chairman of Yum! Brands. Early life Brian Cornell was born in 1958 in Queens, New York City. He grew up in a fatherless household from the age of six, and his mother was living on welfare due to heart disease. As a result, Cornell was mostly brought up by his maternal grandparents. Cornell graduated from the University of California, Los Angeles (UCLA) in 1981. Cornell attended the UCLA Anderson School of Management in 1991. Business career Cornell was the chief marketing officer and an executive vice president of Safeway Inc., from 2004 to 2007. Cornell was the CEO of Michaels from 2007 to 2009, CEO of Sam's Club from 2009 to 2012, and CEO of PepsiCo Americas Foods, a subsidiary of PepsiCo, from 2012 to 2014. Cornell was on the board of directors of OfficeMax, from 2004 to 2007, and of The Home Depot, from 2008 ...
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PepsiCo
PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi Cola to an immensely diversified range of food and beverage brands. The largest and most recent acquisition was Pioneer Foods in 2020 for US$1.7 billion and prior to it was buying the Quaker Oats Company in 2001, which added the Gatorade brand to the Pepsi portfolio and Tropicana Products in 1998. As of January 2021, the company possesses 23 brands that have over US$1 billion in sales annually. PepsiCo has operations all around the world and its products were distributed across more than 200 countries, resulting in annual net revenues of ov ...
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A&W Root Beer
A&W Root Beer is an American brand of root beer that was founded in 1919 by Roy W. Allen – A&W root beer's official history and primarily available in the United States and Canada. Allen partnered with Frank Wright in 1922, creating the A&W brand and inspiring a chain of A&W Restaurants founded that year. Originally, A&W Root Beer sold for five cents (). The rights to the A&W brand (except in Canada) are owned by Keurig Dr Pepper, which in turn licenses the brand to the U.S.-based A&W Restaurant chain. A&W Root Beer products are distributed via various U.S. bottlers. A&W Food Services of Canada, which is independent of both Keurig Dr Pepper and the U.S. restaurant chain, is responsible for the restaurants and marketing of root beer products in Canada, with retail products bottled and distributed by the Coca-Cola Company. The U.S. variant is also sold as an import drink in Southeast Asia and Italy (where A&W has restaurants), as well as in Australia, Chile and other countrie ...
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Tricon Yum Logo
Tricon may refer to: * Tricon Global Restaurants, a spin-off company of PepsiCo that, after a merger, became known as Yum! Brands * Tricon Residential, formerly Tricon Capital, a Canadian real estate company * Tricon, an alternate name for the 24th World Science Fiction Convention, a convention held in three cities in 1966 * Tricon Award, an award presented to Lady Gaga at the 2020 MTV Video Music Awards * Tricon container, an intermodal shipping container one-third the size of a standard 20-foot container * Tricon, a consortium related to the Senator Lines shipping company * Tricon Films & Television, a production company that produced content such as the television series ''Cock'd Gunns'' * TRICON Garage, an automobile racing team formerly known as David Gilliland Racing * Tricon systems, an industrial safety-shutdown technology system produced by the company Triconex * Tricon Design, a company involved in the design of the Doha Metro * Tricon, a logo used by BBC Three * Vincent Tr ...
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