yum brands

FAT Brands Strengthens Leadership Team, Including 2 New Brand Presidents

by Katie Lee May 18, 2023

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc. has elevated Jenn Johnston to the role of chief marketing officer. Since the acquisition of Global Franchise Group in July 2021, Johnston has held the role of president of the quick-service division at FAT Brands, overseeing brands including Round Table Pizza, Great American Cookies, Marble Slab Creamery and Pretzelmaker. With the promotion, Allison Lauenstein and David Pear will assume brand president roles. Lauenstein will serve as brand president of Great American Cookies, Marble Slab Creamery and Pretzelmaker. She brings over a …

May 18, 2023

kitchen exhaust/grease control News restaurants vendors

Restaurant Technologies Named Vendor of the Year by the KFC Northwest Franchisee Association

by Katie Lee November 14, 2022

Mendota Heights, Minn. — Restaurant Technologies (RT) and its Total Oil Management solution was recognized as the Vendor of the Year at the KFC Northwest Franchisee Association (KFCNWFA) conference held in Waikoloa Village, Hawaii, in early November. The award recognizes vendors who have set themselves apart through superior support and service, and enables KFC franchisees to deliver on the promise of consistent and reliable food quality. “We are honored to be recognized as the Vendor of the Year by such a valued partner,” says Curt Morford, national account executive for …

November 14, 2022

construction and design franchise development News restaurants

KFC Expands Urban Footprint with New Inline Design

by Katie Lee August 10, 2021

Louisville, Ky. — Through 2022, KFC will accelerate development in more urban, metropolitan areas in an effort to serve a younger and more diverse customer. Traditionally a brand known for its suburban footprint, KFC will aggressively enter more densely populated areas, where the real estate doesn’t allow for a traditional drive-thru model, with its urban inline design. Following positive second quarter earnings results, KFC U.S. opened 19 new restaurant locations, resulting in a plus three net-new unit growth year-to-date for the first time since 2004. KFC will continue its aggressive …

August 10, 2021

franchise development News restaurants

A&W Sees Double-Digit Sales Growth in May, Despite COVID-19

by Katie Lee June 11, 2020

Lexington, Ky. — A&W Restaurants posted double-digit, year-over-year sales in May, with some franchise locations doubling their sales. Other burger chains, on average, managed only a 2% increase, according to Black Box Intelligence. The iconic brand’s performance comes as it reduces royalties for new franchisees. The incentive program lowers royalties in the first year of all new development agreements from the standard 5% to 3%. Second year royalties are 4%. Initial fees on multi-unit agreements also are being discounted. “The incentives give franchisees extra cushion in their first few years …

June 11, 2020

News restaurants

Pizza Hut to Close 500 Stores Over Next 24 Months

by Katie Lee August 13, 2019

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 …

August 13, 2019

News people

Yum! Brands Names President and Chief Operating Officer

by Katie Lee January 30, 2019

Louisville, Ky. — Yum! Brands, Inc. has promoted David Gibbs to president and chief operating officer, reporting to CEO Greg Creed. Gibbs, a 29-year veteran of the company, has served as president and chief financial officer for the last 2 years.

January 30, 2019

News people restaurants

Yum! Brands Appoints Non-Executive Chairman

by Katie Lee November 20, 2018

Louisville, Ky. — Brian C. Cornell, chairman and CEO of Target Corporation, has been appointed by the Yum! Brands board to serve as non-executive chairman of the board. Cornell has served on the Yum! Brands board since 2015. He will succeed Robert D. Walter, who is retiring from his role as Yum! Brands non-executive chairman.

November 20, 2018

News restaurants

Taco Bell® Signs its First Master Franchise Agreements

by Katie Lee June 28, 2018

Irvine, Calif. — Taco Bell continues its rapid global expansion by signing its first-ever master franchise agreements, continuing its path to becoming a $15 billion brand by 2022. Also by 2022, the brand plans to operate 9,000 restaurants globally.

June 28, 2018

franchise development News restaurants

A&W Restaurants to Open 12 More Franchise Units as 100th Anniversary Approaches

by Katie Lee June 15, 2018

Lexington, Ky. — With the countdown to its 100th anniversary underway, A&W Restaurants, America’s first restaurant chain, is continuing to reappear along the roadsides that made it famous. After opening 15 franchise locations in 2017, the iconic brand expects to open another 12 this year.

June 15, 2018

construction and design Cover Story Features From The Magazine restaurants

KFC’s Bold Climb

by Katie Lee May 2, 2018

After more than 10 years of downsizing, KFC is on the way back up — with a colorful, creative new prototype that speaks to a new generation.

May 2, 2018

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