Taco Bell
Coverage of brand expansion, site rollouts, menu localisation, and operational strategy from a fast-growing international quick service operator active in the UK market. This section tracks performance, leadership decisions, consumer engagement, and franchising developments, offering insight for foodservice professionals, developers, and executives monitoring competition, urban growth, and the evolving appeal of global brands in UK high streets and delivery platforms.
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Oct- 2023 -16 OctoberNews
Today’s news in brief – 16/10/23
Loungers reported H1 total revenues of £149.6m, marking a 22.3% increase from the previous year. They achieved one-year like-for-like sales growth of 7.7% over the 24 weeks ending 1 October, showing an acceleration from the 5.7% growth reported for the 12 weeks ending 9 July. The company opened 16 new…
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16 OctoberRestaurants
Creams Cafe appoints new COO
Creams Cafe has announced the appointment of Oliver Rodbard as its new chief operating officer, as the company heads for international expansion. Rodbard brings over 16 years of experience gleaned in the food and hospitality industry within franchise models. He joins Creams Cafe from Soul Foods Group, a global franchisee…
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Aug- 2023 -4 AugustFood and Drink
Yum Brands income surges 86% in Q2
Yum Brands, the operator of KFC, Pizza Hut and Taco Bell, has reported that its net income surged 86% to $418m (£328.9m) for the second quarter ended 30 June. By the end of Q2, the group’s total revenues reached $1.69bn (£1.33bn), spelling an increase of 3% from $1.64bn (£1.29bn) in…
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Jun- 2023 -16 JuneAnalysis
Can all restaurants profit from introducing vegan meals?
Many establishments renowned for their non-vegetarian cuisine are cutting down on their meat-based menu as they become more ecologically conscious and look for ways to reduce carbon emissions. Wahaca became one of the first major restaurant chains to remove steak from its menu as part of its sustainability initiative earlier…
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May- 2023 -5 MayNews
Yum! Brands income falls by 25% to $300m in Q1
Yum! Brands, which operates restaurant chains KFC, Taco Bell, Pizza Hut and Habit Burger Grill, has announced that net income fell by 25% to $300m (£238m) in Q1, down from $399m (£316m) the prior year. Despite this, revenues for the brand rose by 6% to $1.6bn (£1.4bn) in the first…
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Nov- 2022 -3 NovemberRestaurants
Yum Brands digital sales reach £5.3bn in Q3
Yum Brands, the parent company of KFC, Taco Bell and Pizza Hut, revealed its digital sales reached approximately $6bn (£5.3bn), with digital mix exceeding 40%, during the third quarter ended 30 September 2022. The parent company also revealed that its Q3 GAAP operating profit grew by 4%, while its core…
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Sep- 2022 -13 SeptemberBusiness
Yum Brands approves $2bn share buyback plan
Yum Brands, the operator of KFC, Pizza Hut and Taco Bell, has announced that its board of directors has approved a new share buyback plan which authorises repurchases of up to $2bn (£1.7m) in shares of common stock through 30 June 2024. The new authorisation will take effect upon the…
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Jun- 2022 -14 JuneBusiness
Pret a Manger to debut in Spain and Portugal
Pret A Manger has reached an agreement with the Ibersol Group to launch the Pret brand and products across Spain and Portugal. Under the terms of the agreement, Ibersol Group will bring Pret’s food and organic coffee to the two countries. The agreement comes as Pret steps up its global…
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May- 2022 -11 MayNews
Greggs and Taco Bell to open new units at Solstice Park
Greggs and Taco Bell have both announced they are set to open new sites in Solstice Park in Amesbury, Wiltshire. There are already a number of international and national food and beverage retailers on the site such as McDonald’s and Costa Coffee. The development is set to be completed later…
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6 MayRestaurants
Yum Brands sales rise 8% in Q1
Yum Brands, the owner of KFC and Pizza Hut, has announced that sales rose by 8% in Q1 despite a “difficult” trading environment over the period. Worldwide system sales in the quarter ended 31 March grew by 9% at KFC, 8% at Taco Bell and 3% at Pizza Hut. Reported…
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