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Yum! Brands Implements Next Phase of COVID-19 Response

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 Burger Grill will keep finding ways to help.”

The next phase of Yum! Brands’ COVID-19 response includes the following:

Supporting Impacted Employees

Yum! Brands is launching a global medical relief fund to provide financial support for restaurant employees at company and franchise-owned stores who are diagnosed with or who are caring for someone diagnosed with COVID-19.

In U.S. company-owned KFC, Pizza Hut, Taco Bell and The Habit Burger Grill restaurants, the company will pay employees who are required to stay at home, or who work at a restaurant that is closed, for their scheduled or regularly scheduled hours during their time away from work. Yum! is actively working with its franchise partners to encourage a similar approach.

Keeping Restaurants Open Safely and with Low-Contact Options

As the COVID-19 situation evolves, KFC, Pizza Hut, Taco Bell and The Habit Burger Grill are focused on making food safely available in a low-contact, convenient way that protects both customers and employees, following local government and public health guidance.

The company has further strengthened its already stringent hygiene, cleaning and sanitation procedures and has shifted to low-contact options for customers around the world:

Help for Franchise Business Owners

Yum! Brands’ owner-operators, a driving force in the economy, are managing through a period of unprecedented disruption. To this end, the company established a Global Franchise Health and COVID-19 Support Team to help KFC, Pizza Hut, Taco Bell and The Habit Burger Grill franchisees navigate business continuity.

In the U.S and internationally, the company is working with franchisees who need access to more capital and are in good standing to provide assistance, including grace periods for certain near-term payments where necessary. In the U.S., the company is also allowing franchisees to defer all 2020 capital obligations for remodels and new unit development through the end of the year.

Giving Back to Communities

In the U.S. and internationally, the Yum! Foundation is providing financial support to more than 20 food banks.

Yum! Brands, Inc., based in Louisville, Ky., has over 50,000 restaurants in more than 150 countries and territories.

 

SOURCE: Yum! Brands

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