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Yum! Brands Inc Add to portfolio

INX:YUM, Sep 26, 09:41 UTC

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Monday, September 24


News

Taco Bell® Bets Big On Urban Market Success With Flagship's Grand Expansion, Eyes Second Las Vegas Cantina Location

YUM

The brand, along with franchise partners Diversified Restaurant Group, have also announced that due to the immense success of the first Vegas Cantina, they will be opening a second Cantina location on historic Fremont Street in Downtown Las Vegas. To celebrate the expansion, the company's flagship location will be giving away commemorative merchandise and a Doritos® Locos Taco to the first 100 fans starting at 8pm on Tuesday, September 25.*. Since its opening in November of 2016, the flagship Cantina location has redefined the customer experience in the Quick Service Restaurant (QSR) space, including 24-hour service, DJ entertainment, VIP lounges, weddings, retail experience and a Freeze wall; all of which contributed to its success and desire to expand and meet increased consumer demands. "Our continued growth in urban, high foot traffic destinations and downtowns are a big piece of the growth puzzle as we grow from 7,000 to 9,000 restaurants over the next four years." Since launching the elevated urban experience in 2015, Taco Bell has opened nearly 30 restaurants in urban spaces, 17 Cantina and 13 Urban In-line restaurants, across the United States. Diversified Restaurant Group, LLC, a privately held company, owns and operates over 200 Taco Bell franchised locations in four states, including the brand's flagship Cantina on the Las Vegas Strip. For more information, contact SG Ellison, President, at sg@acventures.com or (707) 935-3700.

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Wednesday, September 12


News

Pizza Hut to Follow KFC's Ivorian Debut as Vivo Eyes Expansion

YUM

Bloomberg. Pizza Hut to Follow KFC's Ivorian Debut as Vivo Eyes ExpansionBy. September 12, 2018, 1:00 AM EDT. Vivo unit in Ivory Coast plans more KFC store openings. Forecourt operator sees rising demand for convenience products.

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Tuesday, September 11


News

Why a Bid for China Operator of KFC, Pizza Hut Fizzled

YUM

A Chinese consortium including Hillhouse Capital is planning to drop its pursuit to take over the operator of KFC and Pizza Hut restaurants in China, Bloomberg reported. The interest in Yum China Holdings Inc. fell away after the group’s initial bid was rejected and the would-be investors deemed that business conditions for the fast-food chain and China’s macroeconomic picture have worsened, according to people with knowledge of the matter. Chinese consumer spending is softening.

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Tuesday, September 04


News

Pizza Hut plans to use its NFL sponsorship to ditch its underdog status

YUM

Pizza Hut plans to use its NFL sponsorship to ditch its underdog status. Thursday's opening kickoff isn't just the start of the 2018 NFL season, it's also the beginning of Pizza Hut's tenure as the official pizza sponsor of the league. Three hours before the game is set to kick-off, a reminder will be sent to customers to see if they want to order pizza to be delivered for the start of the game or during halftime. Customers will also be able to sign up for giveaways including $100 Pizza Hut gift cards and a trip to the Super Bowl in Atlanta in February. As consumers move toward online and digital ordering, Marianne Radley, chief brand officer Pizza Hut, said it's important for the company to adapt.

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Tuesday, August 28


News

Yum China Soars on Report Pizza Hut Operator Rejected Buyout

YUM

Yum China Holdings Inc., which operates Pizza Hut and KFC restaurants, has rejected a buyout offer from an investor group led by Hillhouse Capital Group, according to a person familiar with the matter. The proposal to take over Yum China valued the company at $46 a share in cash, a 28 percent premium over the company’s shares as of Monday’s close, according to the Wall Street Journal, which first reported the rejection. The stock traded 3.2 percent up at $36.92 at 2:21 p.m. Bloomberg reported earlier this month, citing people with knowledge of the matter, that Hillhouse, Baring Private Equity Asia, KKR and DCP Capital had formed a consortium with sovereign fund China Investment Corp. to back a potential takeover of the company. Read Yum China Soars on Report Pizza Hut Operator Rejected Buyout on bloomberg.com.

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Monday, August 27


News

Cinnabon Delights® are Headed North to Taco Bell Locations Across Canada!

YUM

The warm, golden bite-sized pastries, filled with Cinnabon® frosting and covered with the brand's proprietary Makara® cinnamon, are perfect as a snack to help you power through a mid-day slump, a dessert to accompany your Taco Bell meal, or a quick treat - no matter the time of day. "It's important to us to make the irresistible flavors of Cinnabon accessible to as many people as possible, and introducing Cinnabon Delights to Canada was an easy decision due to the amazing fan excitement!" "We work hard to bring the same level of innovation into our dessert menu as we do to our main offerings. After years of Taco Bell fans asking for them, we're so excited to bring Cinnabon Delights to Canada!" Cinnabon Delights 4-packs are available now a la carte for a suggested price of $1.99 or in a 2-pack for only $1 when ordered as a plus up to a combo. For more details on Cinnabon Delights follow Cinnabon on Twitter, Instagram and Facebook at @Cinnabon and Taco Bell Canada at @TacoBellCanada.

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Friday, August 17


News

Advanced IoT Solutions Expected to Serve Up Millions in Energy Savings for Pizza Hut Franchisee

YUM

LOS ANGELES, Aug. 17, 2018 /PRNewswire/ -- The third largest Pizza Hut franchisee in the country, the American West Restaurant Group (AWRG), is on track to achieve a significant slice of energy savings thanks to an innovative IoT approach to energy management. EcoEnergy Insights developed a customized program for hundreds of AWRG's restaurants in California and Utah that integrates buildings across borders, exceeding expectations and allowing AWRG to save money and help the environment. The strong results caught the attention of the judges at the 2018 Environmental Leader & Energy Manager Conference (ELEMCON) who chose EcoEnergy Insights for the 2018 Environmental Leader Top Project of the Year Award. AWRG is now on track to save an estimated $2 million over the next five years for 250 Pizza Hut restaurants – which amounts to about 15,000 metric tons of CO2 saved in the process. For AWRG, pizza tastes best when served with energy efficient, environmentally sustainable IoT solutions.

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Friday, August 10


News

The Papa John's Disaster Could Be Domino's and Pizza Hut's Gain - August 10, 2018

YUM

Papa John’s PZZA sales are suffering after the ex-CEO of the company, John Schnatter, was publicly denounced for using racist language. With Papa John’s customers turning their backs from their once-favorite pizza store, other pizza stores are left to catch their hearts. Even though Papa John’s made it quite clear that it will move away from John Schnatter after the PR fiasco, its sales numbers show that his effect will linger longer than the company might hope. Papa John’s said its expected sales at stores that were open at least a year are expected to drop between 7 and 10 percent this year. Since the fourth quarter of 2017, Papa John’s has been reporting negative same-store sales growth. But bad news for Papa John’s is good news for other pizza giants, like Yum's YUM Pizza Hut and Domino’s Pizza. No matter how much Papa John’s tries to re-brand itself to shutter against the dark shadows of Schnatter, it seems as if that will be a difficult task in the near future. Although the question of who will take the former Papa John’s customers still remains, as of now, Domino’s remains as the top in the pizza food chain, and Pizza Hut as a new opportunity.

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News

Taco Bell parent Yum Brands authorizes share buybacks of up to $2 billion

YUM

MARKET PULSE Yum Brands Inc. (yum) whose portfolio of fast-food chains includes Taco Bell, KFC and Pizza Hut, said Friday that it has authorized up to $2 billion in share buybacks through the end of 2019.

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Thursday, August 09


News

KFC incident with deaf woman leads to sensitivity training

YUM

— The management company of 270 KFC, Pizza Hut and Taco Bell franchises nationwide has agreed to provide sensitivity training at those outlets following a May incident at a KFC in Mississippi in which a deaf woman felt she was being mocked. Disability Rights Mississippi, a non-profit advocating for people with disabilities, said it reached an agreement on behalf of Bobbie Cole, of Byram, Mississippi, with Canada-based Franchise Management Inc., or FMI, The Clarion Ledger reported . Cole, who is deaf but can read lips, said she was made fun of by KFC employees while trying to order food May 30 at a Jackson area drive-thru. FMI spokesman Tyler Langdon said in a series of emails to the newspaper that sensitivity training will be conducted at its restaurants. But Langdon’s statement said FMI has reviewed the restaurant’s surveillance video of the incident involving Cole and that it appeared there was a misunderstanding about what had happened.

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