![]() ![]() KFC also hired a consultant to develop a breakfast menu. In 2001, KFC started test restaurants in Austin, Texas, called "Wing Works", a chicken wing line sold with one of a few flavored sauces. By March 2002, the Tricon-Yorkshire multibranding test consisted of 83 KFC/A&Ws, six KFC/Long John Silver's and three Taco Bell/Long John Silver's and was considered successful by the companies. In 2000, Tricon Global tested multi-branded locations with Yorkshire Global Restaurants. ![]() Taco Bell and Pizza Hut continued to be headquartered in Irvine, California and Dallas, Texas, respectively. Tricon selected Louisville, also the site of KFC's headquarters, as its corporate headquarters. The decision was announced in January and the spin off was effected on 6 October. from PepsiCo's fast food division as the parent corporation of the KFC, Pizza Hut and Taco Bell restaurant companies. Yum! was created in 1997 as Tricon Global Restaurants, Inc. In 1997, PepsiCo sold PepsiCo Food Systems restaurant-supply unit to Ameriserve Food Distribution Inc. These chains were later sold when PepsiCo exited the restaurant business and spun off KFC, Pizza Hut and Taco Bell (see next paragraph). In 1993, it acquired Chevys Fresh Mex, D'Angelo Grilled Sandwiches, and the American division of Canadian chain East Side Mario's. In 1992, PepsiCo acquired California Pizza Kitchen. In 1990, Hot 'n Now was acquired via Taco Bell, but the company was sold in 1996. Reynolds sold KFC to PepsiCo to pay off debt from its recent purchase of Nabisco. A year later, PepsiCo purchased Taco Bell. The company's history began in 1977, when PepsiCo entered the restaurant business by acquiring Pizza Hut. In 2016, Yum! had 43,617 restaurants, including 2,859 that were company-owned and 40,758 that were franchised, in 135 nations and territories worldwide. The company was created as a spin-off of PepsiCo in 1997.īased in Louisville, Kentucky, Yum! is one of the world's largest fast food restaurant companies in terms of system units. Yum! previously also owned Long John Silver's and A&W Restaurants. ![]() Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. (sometimes called simply Yum!), formerly Tricon Global Restaurants, Inc., is an American multinational fast food corporation listed on the Fortune 1000. ![]()
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