7 min listen
Why Yum Brands is so confident heading into 2023
FromFirst Bite
ratings:
Length:
11 minutes
Released:
Dec 21, 2022
Format:
Podcast episode
Description
Today, we’re talking about Yum Brands.Yum Brands, parent company of KFC, Taco Bell, Pizza Hut and The Habit Burger Grill, held its annual investor day last week in New York City and it’s hard to imagine a more confident company right now. Executives touted their diverse portfolio and scale as providing a major advantage against a relentlessly uncertain economic backdrop and presented several examples to support their case. KFC, for example, is testing several technologies worldwide to create more consumer access and ease operations, and Taco Bell’s CEO Mark King said that chain has big opportunities to grow its lunch and breakfast day parts, and its footprint, to be on par with McDonald’s.Here to share her key takeaways from Yum Brands’ investor day is executive editor Alicia Kelso.Plus, catch up on all the top news of the day with our daily news recap at the beginning of each episode.
Released:
Dec 21, 2022
Format:
Podcast episode
Titles in the series (100)
What does it mean that Starbucks is closing more stores?: Welcome to First Bite, a Nation’s Restaurant News podcast, your daily source of news from NRN. Last week, Starbucks announced it would be closing 16 stores due to health and safety concerns over alleged drug use in the stores in cities ranging from Los Angeles to Philadelphia. The stores, mostly on the West Coast with a few on the East Coast, were closed because of employee concerns. On Friday in a leaked video obtained by conservative Canadian blog Post Millennial, CEO Howard Schultz said that “this was just the beginning” and that many more stores would be closing, including profitable ones. A Starbucks spokesperson confirmed that the footage was real. NRN’s Joanna Fantozzi has more on the story. Plus, catch up on all the top news of the day with our daily news recap at the beginning of each episode. Be sure to subscribe to First Bite wherever you get your podcasts or on Castos, Spotify, or Apple Podcasts. by First Bite