Search results
Results from the WOW.Com Content Network
The company's rapid expansion made it too large for Sanders to manage, so in 1964 he sold the company to a group of investors led by John Y. Brown Jr. and Jack C. Massey. KFC was one of the first fast-food chains to expand internationally, opening outlets in Britain, Mexico, and Jamaica by the mid-1960s.
A KFC outlet in Quito, Ecuador; the largest market for the chain in the Caribbean and South America. Map of countries with KFC franchises as of January 2025. KFC is a subsidiary of Yum! Brands, one of the largest restaurant companies in the world. KFC had sales of $23 billion in 2013. [1]
On October 19, 2009, Company president Scott Bergren publicized WingStreet's national launch. [23] An East Dawning test cafeteria-style restaurant was opened in Shanghai in 2004. After initially failing, Yum! Brands chose the KFC business model (KFC is the most successful Western chain in China) and found greater success. [24]
Yum Brands Inc, (YUM) owner of the KFC and Pizza Hut brands, is taking aim at the fast-growing African market for fast food. The company, based in Louisville, Ky, plans to double the number of KFC ...
To put that figure into context, the country is home to 1.4 billion people, and according to Wat, they eat 8 billion chickens per year—meaning KFC China accounts for a substantial part of the ...
“The boss sponsors someone to be promoted and we have a committee with very senior people, including myself, to sift through every single promotion,” Yum China CEO Joey Wat said.
Serving their signature meal in a paper bucket was to become an iconic feature of the company. [24] By 1963, there were 600 KFC restaurants, making the company the largest fast food operation in the United States. [21] KFC popularized chicken in the fast food industry, diversifying the market by challenging the dominance of the hamburger. [25]
KFC added a popular new promotion called the $5 "Fill Up" meal. Citi Research analysts say the meal has added a major boost to the chain's momentum in the US. The meals include an entree, a drink ...