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Taco Bell

Financing

Yum Brands’ CEO is giving his salary to general managers

David Gibbs’ salary will go to general managers at company-owned Taco Bell, KFC and Pizza Hut units, as well as the company’s foundation.

Financing

Yum Brands says 7,000 of its global restaurants are closed

The owner of KFC, Taco Bell and Pizza Hut says it is taking steps to shore up franchisees’ finances and has accessed its credit line.

Yum Brands, which also owns KFC and Pizza Hut, said it is “encouraging” its franchisees to take a similar step.

The chain is introducing a menu of three Toasted Breakfast Burritos as it combats Wendy’s move into the daypart.

Taco Bell, Pizza Hut and McDonald’s have all introduced large takes on existing items.

The Mexican fast-food chain is expanding the urban concept to feature locations with gaming lounges and upgraded digital experiences.

The KFC, Pizza Hut and Taco Bell owner’s latest acquisition gives it a leadership development program for restaurant managers.

The longtime executive previously led KFC in the South Pacific.

The two casual-dining giants accounted for eight of last week’s 10 most effective ads for full-service brands. On the QSR side, chicken and pizza spots dominated.

The Mexican fast-food chain is reintroducing the popular fries next week.

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