Even though many would-be franchisees would love to be a part of Chipotle's success, the company has no plans to franchise, in spite of having been under the wing of franchise giant McDonald's from 1998 to 2006.
Key to a restaurant's profits is its revenue per square foot, with the goal being to increase revenue while keeping square footage at an efficient, rather than unnecessarily bloated — and expensive — level.
"Open 24 hours," shines a KFC sign in Shenzhen, Guangdong province, China. Photo/Steigerwald28
LOUISVILLE, Ky.— Yum Brands, Inc. (NYSE:YUM) announced that Taco Bell's CEO Greg Creed will become its chief executive officer on the first day of 2015. Yum's sitting chairman and chief executive officer David C. Novak will then become executive chairman.