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KFC

Financing

KFC’s Chicken & Waffles were apparently a ‘huge hit’

Parent company Yum Brands also reported same-store sales at Pizza Hut were positive thanks in part to its NFL deal, but sustained improvement will be a “slow build.”

Marketing

KFC’s latest concoction: A Colonel Sanders bearskin rug

The chicken chain will let consumers win the rug in a Reddit creativity contest.

The company veteran and former CFO will assume operating leadership of the global KFC division.

The chain’s U.S. market has also achieved its goal of antibiotic-free chicken.

The chicken chain is selling chicken-scented logs, and the burger chain will sell you a firescreen.

The QSR operator expects to make more specific deals, such as its purchase of QuikOrder, and won’t rule out a brand acquisition, says RB’s The Bottom Line.

Brian Cornell will take over for the retiring Robert Walter.

The limited-time offer pairs Belgian waffles with Extra Crispy fried chicken.

Both chains have the service in 30% of their U.S. systems through parent company Yum Brands’ Grubhub partnership.

The longtime Yum Brands veteran will take over on Jan. 1.