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Habit Burger Grill

Financing

Yum Brands has a $50M deal to help finance underserved franchisees

The program with the investment firm Lafayette Square, called Franchise Fast Start, is designed to provide access to capital for underrepresented franchisees of KFC, Pizza Hut, Taco Bell and Habit Burger.

Leadership

Shannon Hennessy promoted to CEO of The Habit Burger Grill

After serving as brand president of The Habit Burger Grill for nearly a year, Hennessy on June 6 will replace Russ Bendel, who announced plans to retire as CEO last year.

The fast-casual burger chain tapped the KFC veteran to oversee global marketing. Former Chief Brand Officer Iwona Alter was named chief operating officer.

The owner of KFC, Pizza Hut, Taco Bell and Habit Burger both acquires and develops technology to make the lives of its customers and employees easier. Here’s how the company is doing it.

Yum Brands says it has enough global white space to add at least 100,000 more units in all four of its brands, including Habit Burger.

The Bottom Line: The CFO for the owner of KFC, Pizza Hut, Taco Bell and Habit said the company is “always scanning opportunities.”

The Bottom Line: The fast-food operator bought the fast-casual burger chain in 2020, just before the world changed. But CEO David Gibbs says the concept has been its “biggest success story.”

The owner of KFC, Taco Bell, Pizza Hut and Habit opened nearly 4,200 new restaurants worldwide last year, which the company says is an industry record.

Taco Bell, Pizza Hut and Habit Burger all saw sales recover over 2019 levels while the company opened a record number of global restaurants.

The tightening of chicken supplies is making it difficult to keep up with demand. Sister chains Pizza Hut, Taco Bell and Habit all saw sales grow over 2019 levels.

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