Louisville, Ky. — Yum! Brands, Inc. has provided an update on the next phase of its response to the COVID-19 pandemic. “Working together, we can limit the spread of COVID-19 while offering convenient, affordable food in a low contact environment,” says David Gibbs, CEO of Yum! Brands. “But our employees — like millions of others — are worried and our franchisees are under stress. We need to support them so they can be there for our customers. As the situation changes rapidly, KFC, Pizza Hut, Taco Bell and The Habit …
pizza hut
Louisville, Ky. — Pizza Hut will close as many as 500 dine-in stores over the next 24 months as part of a broader strategy to bolster its delivery and carryout services, company executives said during the second-quarter earnings call. Food Business News first reported the announcement. Pizza Hut, which is owned by Louisville, Ky.-based YUM! Brands, operates about 7,500 locations across the United States and 18,000 worldwide. In the United States, roughly 6,100 of the company’s locations are dine-in restaurants. The remaining locations are express units, which feature limited menus …
Louisville, Ky. — Yum! Brands, Inc. has appointed Taco Bell division and Pizza Hut division chief executive officers, who each will assume global responsibility for driving their respective brand’s growth strategies, franchise operations and performance. Now, each of the company’s three global brand divisions will be led by a CEO. Mark King, former president of adidas Group North America, will join the company as Taco Bell division CEO, reporting to David Gibbs, president, COO and CFO, Yum! Brands. King brings extensive retail experience and an excellent track record driving growth, …
Denver — Chipotle Mexican Grill’s board of directors has appointed Brian Niccol as chief executive officer and a member of the board, effective March 5, 2018. Niccol most recently served as CEO of Yum! Brands’ Taco Bell division, where he was responsible for the highly successful turnaround of the business.
Toronto — Pizza Hut Canada, a division of YUM! Brands, Inc. and the world’s largest pizza franchise, has entered into a development arrangement with Franchise Management Inc. (FMI). Under this agreement, FMI will purchase 38 existing Pizza Hut restaurants in Quebec and the Greater Ottawa/Kingston region, as well as add new DelCo (delivery/carry out) model stores in Eastern Canada over the next 5 years.
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