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KFC

Financing

KFC has big plans for big cities

The chicken chain plans to open hundreds of locations in urban centers as other concepts push for more drive-thrus.

Financing

KFC’s U.S. sales soar as Yum Brands digital sales hits $5B

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 owner of KFC, Pizza Hut, Taco Bell and Habit opened a record number of restaurants and has increased its development expectations.

The Australian company will give the owner of KFC, Pizza Hut, Taco Bell and Habit technology designed to automate kitchen flow and dispatch delivery drivers.

The Yum Center for Global Franchise Excellence will focus on recruiting and educating people of color and women on franchising.

The chain, buoyed by its chicken sandwich and digital efforts, expects to finish 2021 with more domestic restaurants than it had the previous year. It would be the first time in 17 years.

The leading chicken concepts in Technomic’s Top 500 sales ranking all showed positive growth during the COVID-19 pandemic.

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.

Wingstop and KFC, among other chains, have struggled to source chickens amid intense demand and worker shortages among distributors and processors.

Yum Brands, which also owns KFC, Pizza Hut and Habit, plans to reduce emissions by 46% by 2030.

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