Yum! Brands owns three of the world's best known fast food franchises: KFC, Pizza Hut and Taco Bell. None of the three individually matches the global power of the McDonald's brand, but Yum's combined force gives it an impressive portfolio of more than 40,300 restaurants in 125 countries. This makes it the #1 restaurant chain worldwide by outlets, although McDonald's outperforms it by sales. The company's stellar international growth currently offsets weak performance in the US. Its most important market by far is now China, where it is the dominant restaurant group with more than 6,000 outlets, mostly KFC, but also two local brands, Little Sheep and East Dawning. China contributes more than half the group's total revenues, but the local business was spun off as a separate entity in 2015. Two smaller US-based chain brands, A&W and Long John Silver's, were sold to their franchisees in 2011.
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|Taco Bell||Little Sheep|
Recent stories from Adbrands Weekly Update:
Adbrands Weekly Update 10th Mar 2016: Ads Of The Week: "New Kid". Better get those tissues ready for this lovely and heart-warming spot for KFC Canada from local shop Grip. We've noted before that KFC's UK advertising is perhaps a touch more sophisticated than a fried chicken chain merits; now Canada joins the club too, as a new kid on the block struggles to adapt to his change of neighbourhood. It's like Pixar's Inside Out without all the internal stuff, but keeping the same emotional drama. Sniff!
Adbrands Weekly Update 26th Nov 2015: Ads of the Week: "Friendship Bucket". BBH London takes a very different - but equally successful - tack in its seasonal campaign for KFC. Instead of the atmospheric mood pieces it's produced most recently for KFC to celebrate different food themes, this new ad draws some inspiration from TV's Mr & Mrs game show. How well do you know your best mate? You win a piece of chicken every time you both give the same answer to a personal question. The results are warmly endearing and surprisingly enjoyable, proving that nothing touches the heart more effectively than simple friendship...
Adbrands Weekly Update 19th Nov 2015: Forbes published its 4th annual survey of the world's most influential chief marketing officers, in partnership with researcher ScribbleLive and LinkedIn. No big surprise about the #1 spot: Apple's Phil Schiller topped the list for the 4th consecutive year. However the next two places went to new entrants, KFC's Kevin Hochman and Kevin Crull of Sprint, while Fiat Chrysler's Oliver Francois jumped more than ten places to take the #4 spot. Beth Comstock, now vice chairman of General Electric, moved up to 5th. Two other new entrants were at #6 and #7, Nintendo's Scott Moffitt and BP's Geoff Morrell. Rounding out the top ten were Martine Reardon of Macy's, Unilever's Keith Weed and Volvo CMO Alain Visser.
Adbrands Weekly Update 22nd Oct 2015: Yum Brands, owner of the global KFC, Pizza Hut and Taco Bell restaurant brands, is to spin off its operations in China as a separate company early next year. Once an engine for meteoric growth, especially for the KFC brand, the Chinese business has struggled for several years after a succession of food quality scandals which severely dented local trust in the business. As a result, Yum will in effect convert its Chinese subsidiary into a publicly traded franchisee, which will license KFC and other group brands in return for an annual royalty payment.
Adbrands Weekly Update 14th May 2015: Yum Brands' Taco Bell named Marisa Thalberg as chief brand engagement officer, a new position. She moves from Estee Lauder, where she headed global digital and social media.
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