What some of you may not know is that KFC and Taco Bell (and Pizza Hut) are the same company. At one point all three were owned by Pepsico (Pepsi Cola), which then spun them off. I don't know whether Pepsico still holds a stake (odds are they do).
I have to add that calling Taco Bell a Mexican restaurant is a bit of a stretch. http://www.tacobell.com/ourcompany/facts.htm TACO BELL: Taco Bell Corp., a subsidiary of Yum! Brands, Inc., (NYSE: YUM), is the nation?s leading Mexican-style quick service restaurant chain serving tacos, burritos, signature Quesadillas, Border Bowls�, nachos and other specialty items. Taco Bell serves more than 35 million consumers each week in more than 6,500 restaurants in the U.S. In 2003, Taco Bell generated sales of $1.6 billion in company restaurants and $3.8 billion in franchise restaurants. Over 80 percent of the restaurants are owned and operated by independent franchisees. At this time, there are over 280 restaurants operating in Canada, Guam, Aruba, Dominican Republic, Chile, Costa Rica, Guatemala, Puerto Rico, Ecuador, Hawaii, Asia and Europe. BRAND POSITION: When you want to step up to the freshest ideas in fast food, make the bold choice for Taco Bell. ORGANIZATION: The Taco Bell corporate headquarters is located in Irvine, California. In addition, field offices are located throughout the country to serve both company and franchise restaurants. HISTORY: Originated by Glen Bell, Taco Bell became a reality on March 21, 1962. The first Taco Bell restaurant was built in Downey, California and the first franchise was sold in 1964. Taco Bell went public in 1969 and was acquired by PepsiCo in 1978. In October of 1997, PepsiCo spun-off KFC, Pizza Hut and Taco Bell thereby forming Tricon Global Restaurants Inc., the World?s largest restaurant company with revenues in excess of $22 billion. In May of 2002, Tricon Global Restaurants Inc. changed its name to YUM! Brands, Inc., after acquiring Long John Silver's and A&W All-American Food Restaurants. Additional History SYSTEM-WIDE GROWTH: At the end of 2003, Taco Bell system sales reached $1.6 billion in company and $3.8 billion in franchise sales. EMPLOYMENT: Taco Bell employs over 166,000 people in company-operated and franchised units, and corporate offices across the United States. MARKETING STATISTICS: On the average, 147 million people see a Taco Bell commercial once a week ? more than half of the U.S. population. Over 4.4 million tacos of all varieties are served in Taco Bell restaurants each day. RAW MATERIALS: Taco Bell is the largest restaurant consumer of whole Iceberg lettuce in the U.S. and in an average year, franchise and company restaurants consume: -- 3.2 billion corn and flour tortillas -- 107 million pounds of fresh lettuce -- 60 million pounds of pinto beans -- 260 million pounds of ground beef --end quoted material-- Cheers, Jayfar -- ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ PhilaDeco.com AIM: PhilaDeco ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ---- You are receiving this because you are subscribed to the list named "UnivCity." To unsubscribe or for archive information, see <http://www.purple.com/list.html>.
