All articles tagged with #kfc
India's KFC and Pizza Hut franchisees, Sapphire Foods India and Devyani International, are merging in a $934 million deal to create a major fast-food franchisee in India, aiming to improve profitability and achieve significant synergies amid challenging market conditions.
A KFC franchisee in West Wickham was fined nearly £70,000 after a manager called an Indian worker a 'slave' and subjected him to racial discrimination and harassment, leading to wrongful dismissal and victimisation. The tribunal awarded the worker £66,800 in compensation and mandated workplace discrimination training for staff.
KFC has officially brought back potato wedges and hot & spicy wings nationwide due to overwhelming fan demand, after years of absence, along with new deals to attract customers.
Yum Brands reported quarterly earnings and revenue that fell short of expectations due to declines in U.S. same-store sales for Pizza Hut and KFC, despite overall revenue growth and international sales increases, highlighting ongoing challenges in the U.S. market.
KFC has launched the Kentucky Fried Comeback campaign, featuring new menu items, a revamped look for Colonel Sanders, a celebrity chef cameo, and a promotional offer of free fried chicken buckets for spending $15 online, all aimed at reclaiming its position as the top fried chicken fast-food chain.
KFC has reintroduced its popular $7 Fill Up meal deal for summer, offering four full meal options as part of a collaboration with 'F1: The Movie,' along with a new limited-edition Mountain Dew flavor, providing a budget-friendly and satisfying fast-food experience.
KFC plans to create 7,000 jobs across the UK and Ireland by investing nearly £1.5 billion over five years, focusing on new restaurant openings and upgrades to strengthen its market position amid growing competition from brands like Wingstop and Popeyes.
KFC China, under CEO Joey Wat, has successfully leveraged consumer insights to create popular menu items like the boneless chicken mashed potato sandwich, inspired by observing kids dipping chicken into mashed potatoes. This approach also led to the success of durian pizza at Pizza Hut in China, highlighting the importance of understanding local consumer preferences. KFC China accounts for a significant portion of chicken consumption in the country, with Wat emphasizing the value of direct customer observation in product development.
KFC has filed a lawsuit against Church's Chicken for using the term "Original Recipe" in its promotions, a phrase KFC has trademarked since 1984 to describe its signature blend of 11 herbs and spices. KFC claims Church's use of the term causes consumer confusion and damages its brand. The lawsuit seeks to stop Church's from using the phrase and demands unspecified damages. This legal action follows a decline in KFC's sales and increased competition from other chicken chains like Popeyes.
KFC has filed a lawsuit against Church's Texas Chicken for using the phrase "Original Recipe" in its advertising, claiming it infringes on KFC's trademark rights. KFC argues that the use of the phrase, which it has used for over 50 years, could confuse consumers and dilute its brand. The lawsuit comes amid declining sales for KFC, as it faces increased competition in the fast food industry. Church's has declined to comment due to the ongoing litigation.
Yum Brands reported lower-than-expected earnings and revenue for the third quarter, with same-store sales declines at KFC and Pizza Hut contributing to the shortfall. The company's earnings per share were $1.37, missing the expected $1.41, and revenue was $1.83 billion, below the anticipated $1.90 billion. KFC's U.S. sales fell 5%, while Pizza Hut's international sales dropped 6%. In contrast, Taco Bell saw a 4% increase in same-store sales, bolstered by its strong value perception among consumers.
KFC is set to introduce the Chizza, a popular international dish, to its US menus starting February 26, 2024. The Chizza features two fried chicken filets topped with marinara sauce, mozzarella cheese, and pepperoni. To celebrate the launch, KFC will open a "Chizzeria" pop-up in New York City, offering free Chizza samples before its nationwide release. Additionally, the Blackberry Lemonade drink will return to KFC restaurants for a limited time.
KFC is introducing the Chizza, a pizza-inspired menu item featuring fried chicken filets topped with marinara sauce, mozzarella cheese, and pepperoni, to its U.S. menus starting February 26. The company is also bringing back its Blackberry Lemonade and introducing Smash'd Potato Bowls nationwide. Additionally, KFC recently announced the availability of the $20 Taste of KFC meal, featuring six pieces of Original Recipe chicken and four sides.
Yum Brands reported weaker-than-expected sales for KFC, Taco Bell, and Pizza Hut, leading to quarterly earnings and revenue that missed analysts' expectations. The company's stock fell more than 1% in premarket trading. Yum's fourth-quarter net income rose to $463 million, but its adjusted earnings per share of $1.26 fell short of the expected $1.40. Pizza Hut reported a 2% decline in same-store sales, while KFC and Taco Bell also fell short of Wall Street's expectations. Yum plans to surpass 60,000 global locations in 2024, with over 30,000 KFC restaurants and more than 20,000 Pizza Hut locations.
KFC introduces its new Smash'd Potato Bowls priced at $3.49, featuring a combination of French fries, mashed potatoes, bacon, shredded cheese, and cheese sauce. The dish is described as a unique twist on comfort food and can be upgraded with five hand-breaded chicken nuggets for an additional $2. KFC also launched a $20 Taste of KFC meal, including six pieces of chicken and four sides.