Restaurant Brands Earns Praise From Yums
Restaurant Brands Earns Praise From World’s Largest Restaurant Company
New Zealand listed company Restaurant Brands has received praise from its international franchisor Yum! – the largest restaurant company in the world.
President of Yum! Restaurants International Graham Allan and the managing director of its South Pacific Operations Roger Eaton have been in New Zealand visiting Restaurant Brands’ Pizza Hut and KFC stores.
Yum! Brands Inc. is the worldwide leader in the chicken, pizza and Mexican food categories through its three global brands – KFC, Pizza Hut and Taco Bell. It also owns A & W and Long John Silver’s.
The company has more than 33,000 restaurants in over 100 countries, with total annual sales exceeding US$25 billion. Worldwide, its operations have more than 725,000 employees.
“Restaurant Brands, with more than 230 KFC & Pizza Hut stores, is not only one of our larger franchisees around the world but is a proven operator and innovator ” said Graham Allan.
“ The Restaurant Brands’ team has a history of delivering strong local innovation that has resulted in products, such as the Ultimate Quarter Pack, having been utilized globally. ”
The visiting executives said they were pleased with the strength of the brands in New Zealand and the focus that Restaurant Brands put on sales growth and new store development.
“In particular, we’re delighted with the performance of Pizza Hut which, in the past year alone, has substantially increased sales and new unit openings on the back of a world class operational performance,” said Roger Eaton.
“KFC is also set to benefit from new initiatives and growth opportunities. It is one of the fastest-growing restaurant concepts in the world, with up to 650 new KFC stores being built each year.
In Australia, the brand has benefited from very strong growth in the past seven years and the New Zealand market is expected to follow suit.”
Yum! Restaurants International has opened more than 1,000 KFC and Pizza Hut stores annually for the past three years and in China a new KFC restaurant is opened every 28 hours.
Restaurant Brands’ chief executive Vicki Salmon said the company felt proud to have such strong endorsement from its international franchisor.
“Restaurant Brands benefits from being part of a multi-national organization because we have access to a wide range of global initiatives from new product development to marketing strategies to staff training and development.
“We can also share Yum!’s
expertise in anticipating and analyzing worldwide fast food