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Fast Food Chains Owned By Yum Brands

300 Words2 Pages
People are starting to pay more attention to the food that they consume daily. This has probably contributed to the declining number of fast food stores like Kentucky Fried Chicken, Pizza Hut, and Taco Bell. It is interesting to note that the three chains are owned by Yum Brands. Other things contributing to their decline in sales is the popularity of close competitors like McDonalds. The fact is that competition in the fast food market is very high. Yum CEO, Greg Creed, believes that the changes that they are making are going to turn things around. In fact, Taco Bell is actually showed a rise in profits during 2015. The CEO also believes that the economy is improving. People have more money to spend and will spend it on fast food.
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