Yum! Brands: Difference between revisions
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{{Stub}} | |||
{{CompanyCargo | {{CompanyCargo | ||
|Founded=1977-11-08 | |Founded=1977-11-08 | ||
|Industry=Food | |Industry=Food | ||
|Logo=Yum! Brands logo | |Logo=Yum! Brands logo.png | ||
|Type=Public | |Type=Public | ||
|Website=https://www.yum.com/ | |Website=https://www.yum.com/ | ||
}} | }} | ||
'''{{Wplink|Yum! Brands}}''', formally '''Tricon Global Restaurants, Inc.''', was founded in 1977 as a subsidiary of {{Wplink|PepsiCo|PepsiCo, Inc.}} after acquiring [[KFC]], [[Pizza Hut]] and [[Taco Bell]]. PepsiCo left the restaurant business in January 1997, resulting in the creation of Tricon Global Restaurants, Inc. as the parent company of KFC, Pizza Hut and Taco Bell originally. | |||
In March 2002, {{Wplink|Yorkshire Global Restaurants}} announced a merger with Tricon Global Restaurants to form Yum! Brands, Inc. being finalized on 8 May 2002, acquiring A&W and Long John Silver's chains. In January 2011, Yum! announced plans to remove Long John Silver's and A&W brands to better focus on KFC, Pizza Hut, and Taco Bell, selling in September 2011 to A Great American Brand and LJS Partners LLC. | |||
Yum! is also the parent company of Habit Burger & Grill, Heartstyles, Tictuk Technologies, Kvantum, and Dragontail Systems, making it one of the largest fast-food companies, with a revenue of $8.21 Billion by 31 December 2025,<ref>{{Cite web |author= |title=Yum Brands Revenue |url=https://www.wallstreetzen.com/stocks/us/nyse/yum/revenue |website=Wallstreet Zen |date=26 Feb 2026 |access-date=4 Mar 2026 |url-status=live |archive-url=https://web.archive.org/web/20260305034102/https://www.wallstreetzen.com/stocks/us/nyse/yum/revenue |archive-date=5 Mar 2026}}</ref> with its largest subsidiary being Taco Bell.<ref>{{Cite web |author=Darius |title=Yum! Brands Marketcap, Net Worth, Competitors, Revenue, 2025 |url=https://www.companieshistory.com/yum-brands/ |website=Companies History |date=6 Nov 2025 |access-date=4 Mar 2026 |url-status=live |archive-url=https://web.archive.org/web/20260305034643/https://www.companieshistory.com/yum-brands/ |archive-date=5 Mar 2026}}</ref> | |||
==Consumer impact summary== | |||
{{Ph-C-CIS}} | |||
==Incidents== | ==Incidents== | ||
This is a list of all consumer-protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}|{{PAGENAME}} category]]. | This is a list of all consumer-protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}|{{PAGENAME}} category]]. | ||
In 2014, Yum Brands, along with other fast food companies like McDonald's and Starbucks, discovered that their | ===Food safety violations (''2014'')=== | ||
In 2014, Yum! Brands, along with other fast food companies like McDonald's and Starbucks in China, discovered that their meat supplier, Shanghai Husi Food Co., supplied them with expired or rotten meat, as a result of this incident their revenue dropped by 10%.<ref>{{Cite web |author= |title=KFC owner Yum sales take another hit in China |url=https://www.bbc.com/news/business-33532449 |website=BBC |date=15 Jul 2015 |access-date=4 Mar 2026 |url-status=live |archive-url=https://web.archive.org/web/20150718014704/https://www.bbc.com/news/business-33532449 |archive-date=18 Jul 2015}}</ref><ref>{{Cite web |last=Economy |first=Elizabeth C. |title=Yum, Yum, Yum: Another Food Safety Scandal Rocks Multinationals in China |url=https://www.cfr.org/articles/yum-yum-yum-another-food-safety-scandal-rocks-multinationals-china |website=Council on Foreign Relations |date=31 Jul 2014 |access-date=4 Mar 2026 |url-status=live |archive-url=https://web.archive.org/web/20260305035552/https://www.cfr.org/articles/yum-yum-yum-another-food-safety-scandal-rocks-multinationals-china |archive-date=5 Mar 2026}}</ref> Yum! responded by issuing an apology to customers, offering rewards to whistleblowers for exposing safety violations, requiring managers review suppliers regularly,<ref>{{Cite web |last=Parsons |first=Heidi |title=Food Safety Fears Cause Consumers to Boycott Yum, McDonald's Restaurants in China |url=https://www.food-safety.com/articles/2892-food-safety-fears-cause-consumers-to-boycott-yum-mcdonalds-restaurants-in-china |website=Food Safety Magazine |date=1 Aug 2014 |access-date=4 Mar 2026 |url-status=live |archive-url=https://web.archive.org/web/20211207093211/https://www.food-safety.com/articles/2892-food-safety-fears-cause-consumers-to-boycott-yum-mcdonalds-restaurants-in-china |archive-date=7 Dec 2021}}</ref> and severing ties with the supplier and the parent company, OSI Group, world-wide.<ref>{{Cite web |last1=Goh |first1=Brenda |last2=Carsten |first2=Paul |title=Yum cuts ties to owner of China meat plant after scandal |url=https://www.reuters.com/article/world/yum-cuts-ties-to-owner-of-china-meat-plant-after-scandal-idUSKBN0FS2HH/ |website=Reuters |date=23 Jul 2014 |access-date=4 Mar 2026 |url-status=live |archive-url=https://ghostarchive.org/archive/QXPLj |archive-date=5 Mar 2026}}</ref> | |||
==Products== | |||
{{Ph-C-P}} | |||
==See also== | ==See also== | ||
*[[Restaurant Brands International|Restaurant Brand International]] | |||
*[[Restaurant Brand International]] | |||
*[[McDonald's]] | *[[McDonald's]] | ||
*[[Wendy's]] | *[[Wendy's]] | ||
==References== | ==References== | ||
{{ | {{Reflist}} | ||
[[Category:{{PAGENAME}}]] | [[Category:{{PAGENAME}}]] | ||
Latest revision as of 16:11, 9 April 2026
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Yum! Brands
| Basic information | |
|---|---|
| Founded | 1977-11-08 |
| Legal Structure | Public |
| Industry | Food |
| Also known as | |
| Official website | https://www.yum.com/ |
Yum! Brands, formally Tricon Global Restaurants, Inc., was founded in 1977 as a subsidiary of PepsiCo, Inc. after acquiring KFC, Pizza Hut and Taco Bell. PepsiCo left the restaurant business in January 1997, resulting in the creation of Tricon Global Restaurants, Inc. as the parent company of KFC, Pizza Hut and Taco Bell originally.
In March 2002, Yorkshire Global Restaurants announced a merger with Tricon Global Restaurants to form Yum! Brands, Inc. being finalized on 8 May 2002, acquiring A&W and Long John Silver's chains. In January 2011, Yum! announced plans to remove Long John Silver's and A&W brands to better focus on KFC, Pizza Hut, and Taco Bell, selling in September 2011 to A Great American Brand and LJS Partners LLC.
Yum! is also the parent company of Habit Burger & Grill, Heartstyles, Tictuk Technologies, Kvantum, and Dragontail Systems, making it one of the largest fast-food companies, with a revenue of $8.21 Billion by 31 December 2025,[1] with its largest subsidiary being Taco Bell.[2]
Consumer impact summary
[edit | edit source]
Incidents
[edit | edit source]This is a list of all consumer-protection incidents this company is involved in. Any incidents not mentioned here can be found in the Yum! Brands category.
Food safety violations (2014)
[edit | edit source]In 2014, Yum! Brands, along with other fast food companies like McDonald's and Starbucks in China, discovered that their meat supplier, Shanghai Husi Food Co., supplied them with expired or rotten meat, as a result of this incident their revenue dropped by 10%.[3][4] Yum! responded by issuing an apology to customers, offering rewards to whistleblowers for exposing safety violations, requiring managers review suppliers regularly,[5] and severing ties with the supplier and the parent company, OSI Group, world-wide.[6]
Products
[edit | edit source]
See also
[edit | edit source]References
[edit | edit source]- ↑ "Yum Brands Revenue". Wallstreet Zen. 26 Feb 2026. Archived from the original on 5 Mar 2026. Retrieved 4 Mar 2026.
- ↑ Darius (6 Nov 2025). "Yum! Brands Marketcap, Net Worth, Competitors, Revenue, 2025". Companies History. Archived from the original on 5 Mar 2026. Retrieved 4 Mar 2026.
- ↑ "KFC owner Yum sales take another hit in China". BBC. 15 Jul 2015. Archived from the original on 18 Jul 2015. Retrieved 4 Mar 2026.
- ↑ Economy, Elizabeth C. (31 Jul 2014). "Yum, Yum, Yum: Another Food Safety Scandal Rocks Multinationals in China". Council on Foreign Relations. Archived from the original on 5 Mar 2026. Retrieved 4 Mar 2026.
- ↑ Parsons, Heidi (1 Aug 2014). "Food Safety Fears Cause Consumers to Boycott Yum, McDonald's Restaurants in China". Food Safety Magazine. Archived from the original on 7 Dec 2021. Retrieved 4 Mar 2026.
- ↑ Goh, Brenda; Carsten, Paul (23 Jul 2014). "Yum cuts ties to owner of China meat plant after scandal". Reuters. Archived from the original on 5 Mar 2026. Retrieved 4 Mar 2026.