LOUISVILLE, Ky.—As its various brands struggle in the U.S. to grow same-restaurant sales, Yum Brands [NYSE:YUM] now has to cope with another issue. News has leaked that the Yum's China spinoff has stalled.
In an announcement adding to what may be a snowballing trend in restaurant chains, pushed by consumer demand, Yum! Brands' Taco Bell and Pizza Hut plan to do away with artificial flavors and colors in most of their menu items.
Whoever the casting director was for the current Pizza Hut ad campaign that features Italian old-country senior citizens who are picky about their pizzas, she succeeded brilliantly in finding the right people.
"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.
NEW ORLEANS – Franchisee Larry Lundy finally received some good news this summer. It was not from his doctors treating his cancer or chronic myelogenous leukemia. It was from a judge ruling on Pizza Hut’s three-year litigation against him, in trying to take over his forty restaurants in Louisiana.