KFC

A struggling franchisee closes 25 KFC restaurants in the Midwest

By Jonathan Maze on Aug. 22, 2024

EYM Group, which has closed dozens of Burger King and Pizza Hut units in several states, has now closed numerous KFC restaurants in Illinois, Indiana and Wisconsin.

Premium

Financing

For Yum Brands, KFC U.S. becomes a footnote

By Jonathan Maze on Aug. 06, 2024

The Bottom Line: The company’s flagship brand is struggling in its domestic market as it loses ground to competitors. But it warranted barely a mention on the company’s earnings call.

Financing

A founding partner of KFC Japan exits the business after 54 years

By Jonathan Maze on Jul. 11, 2024

The private-equity group Carlyle has taken the Japanese market for the fast-food chicken chain private in an $835 million deal. Mitsubishi Corp., which helped establish the brand there in 1970, is exiting.

Premium

Food

KFC goes portable and poppable to grab the snacking generation

By Patricia Cobe on May 28, 2024

Behind the Menu: Bite-size Apple Pie Poppers, created to target customers' sweet spot, lend themselves to line extensions to expand the chain’s snack selections.

Financing

Tasty Restaurant Group buys 64 more KFC restaurants

By Jonathan Maze on May 22, 2024

The multibrand franchisee, which also operates Pizza Hut, Burger King, Dunkin’ and Taco Bell, acquired the locations in the central and Southeast U.S.

Financing

KFC is struggling in the U.S., and not just due to weather

By Jonathan Maze on May 01, 2024

The venerable chicken chain is losing ground to Popeyes and other chicken restaurant competitors domestically. But parent company Yum Brands says it has a plan for a reset.

Marketing

KFC Saucy Nuggets Dispensary treats fans to a higher flavor experience

By Patricia Cobe on Apr. 15, 2024

On 4/20, Los Angeles residents are invited for free Saucy Nuggets and limited-edition merch to celebrate KFC’s newest menu addition.

Marketing

KFC is making a bet on value

By Jonathan Maze on Apr. 08, 2024

The chicken chain introduced a new line of bundled meal options from $4.99 to $20, but not everything has a consistent price point nationwide, a nod to fast-food restaurants' complex relationship with value.

Food