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Fast-food chains apologize for selling tainted meat in Chinese restaurants

Fast-food chains apologize for selling tainted meat in Chinese restaurants

BEIJING, July 22 (UPI) --McDonald's Corp. and Yum Brands, Inc., apologized to Chinese customers in a growing investigation of tainted poultry sold in its restaurants in China.
Ed Adamczyk

Taco Bell in Britain takes beef off menu

LONDON, March 1 (UPI) -- The three Taco Bell restaurants in Britain have stopped serving beef items because of the horsemeat scandal.

Yum! in takeover of British Pizza Hut

LONDON, July 31 (UPI) -- Yum! Brands Inc. is paying $208 million for the remaining half interest in 541 Pizza Hut restaurants in Britain from Whitbread PLC.

KFC co-branded with Russian name in Moscow

LOUISVILLE, Ky., April 4 (UPI) -- Yum! Brands Inc. opened a KFC restaurant Tuesday in Moscow that is its first to be co-branded with a Russian restaurant chain.

Kentucky Derby gets sponsorship

LOUISVILLE, Ky., Feb. 2 (UPI) -- The 132-year-old Kentucky Derby has its first sponsor, the Louisville-based fast-food restaurant giant Yum Brands which owns KFC, Taco Bell and Pizza Hut.

Kmart names new president and CEO

TROY, Mich., Oct. 18 (UPI) -- Kmart Holding in Troy Mich., Monday named Aylwin Lewis as its new president and chief executive, effective immediately.

McDonald's, Boston Market to share space

OAK BROOK, Ill., June 22 (UPI) -- McDonald's is preparing to supersize operations, in a Chicago restaurant with McDonald's fare side by side with that of Boston Market, a sister company.
Wiki

Yum! Brands, Inc. (NYSE: YUM) or Yum! is a Fortune 500 corporation, that operates or licenses Taco Bell, KFC, Pizza Hut, Wingstreet, and Long John Silver's restaurants worldwide, and A&W Restaurants (excluding A&W in Canada). Based in Louisville, Kentucky, it is the world's largest fast food restaurant company in terms of system units—over 36,000 restaurants around the world in more than 110 countries and territories. In 2008, Yum!'s global sales totaled more than US$11 billion.

Yum! was created on October 7, 1997, as Tricon Global Restaurants, Inc. an independent company, as a result of a spin-off from PepsiCo, which owned and franchised the KFC, Pizza Hut and Taco Bell brands worldwide. Because of the company's previous relationship with Pepsi, Yum! Brands has a lifetime contract with PepsiCo, with notable exceptions being the contract of A&W Restaurants with Dr Pepper Snapple Group to be the exclusive restaurant provider of A&W Root Beer, and the contracts of franchisees such as HMSHost and college-operated locations with Coca-Cola which override Yum's lifetime PepsiCo contract.

Yum! president David C. Novak is a director of J.P. Morgan Chase and became chief executive officer of Yum! Brands on January 1, 2000 and chairman of the board on January 1, 2001; he is also a member of the Yum! executive/finance committee.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Yum Brands."
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