Sunday, September 4, 2005

YUMMY BRANDS

The Economist has an interesting report, Fast food's yummy secret, on Yum! Brands Inc (KFC, Pizza Hut, Taco Bell, Long John Silver's, and A&W Restaurants). The Colonel hasn't been introduced to Sweden yet...

The parent of those three fast-food chains, it has 34,000 (mostly franchised) restaurants around the world, 2,000 more than McDonald's. At home in America it accounts for about 4% of all restaurant-industry sales, behind only McDonald's at 6.5%. With 1,378 KFC restaurants in China, and 201 Pizza Huts at mid-2005, Yum! owns two of the best-known brand names in the world's most populous market. Not bad going, you might say, for a company that Pepsi-Cola got rid of in 1997 because, in the words of one PepsiCo executive, "restaurants weren't our schtick". (Economist.com, 08/25/05.)


The fear of acrylamide has come up to the surface again and McDonald's and seven other potato chip and French fry producers are sued. I wonder if California Attorney General Bill Lockyer is a friend of Stephen Joseph?

Related: My post, MCDONALD'S HAS BEEN IN BUSINESS FOR 50 YEARS.