Description
Yum! Brands – Global Restaurant Group. Gastronomic Holding.
Yum! Brands is one of the largest American food service chains that operates and owns some of the world’s most recognizable restaurant brands. The list of these restaurants includes such chains as KFC, Pizza Hut and Taco Bell and many others, under which there are more than 48 thousand restaurants and cafés in the world.
The headquarters of the corporation is located in the USA, in the city of Louisville. The company was formed in 1997 by spinning off from PepsiCo. It is also interesting that most of the brands managed by the corporation are much older than the management company itself.
The company’s family of brands also includes The Habit Burger Grill, a fast restaurant concept specializing in cooked-to-order burgers and sandwiches. In 2020, the company entered the top 100 corporate organizations according to 3BL Media.
Since leaving PepsiCo in 1997, Yum! Brands Inc has become a truly global corporation, led by over 2,000 world-class franchisees.
Development strategy Yum! Brands Inc is a “recipe for growth” that includes four engines of growth and is the foundation upon which sustainable, long-term results are built. These metrics enable the company to deliver on its promises of serving delicious food, making it accessible to customers around the world, giving employees room to grow and offering franchisee opportunities and delivering value and long-term partnerships.
The restaurants, which are owned by the corporation, serve some of the most popular dishes in the world. Traditionally, KFC, Pizza Hut and Taco Bell prepare burgers, hot dogs, tacos, pizza, sandwiches and a huge number of different snacks, which were mainly invented in America and Mexico. Today, the representative offices of these restaurants are open all over the world and are extremely popular.
The total capital of the company as of today is estimated at approximately $9 billion, and the net profit is almost $2 billion per year – this is one of the highest economic indicators among such corporations.
Yum! Brands website: https://www.yum.com
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