KFC Business Guide

Description
KFC Corporation, based in Louisville, Kentucky, is the world's most popular chicken restaurant chain, specializing in Original Recipe, Extra Crispy™, Twister and Colonel's Crispy Strips chicken with homestyle sides.

KFC Business Guide
Founded: 1952
Corporate Office: KFC's Corporate
P.O. Box 725489
Atlanta, GA 31139
Industries: Food, Fast Food, Restaurant, American Food, Chicken, Take-Out, Multi-Unit, Women Based
Resources: Official Homepage –
About KFC
KFC Corporation, based in Louisville, Kentucky, is the world's most popular chicken restaurant
chain, specializing in Original Recipe®, Extra Crispy™, Twister® and Colonel's Crispy Strips®
chicken with homestyle sides.

Every day, nearly eight million customers are served around the world. KFC's menu includes
Original Recipe® chicken -- made with the same great taste Colonel Harland Sanders created more
than a half-century ago. Customers around the globe also enjoy more than 300 other products --
from a Chunky Chicken Pot Pie in the United States to a salmon sandwich in Japan.

KFC has more than 11,000 restaurants in more than 80 countries and territories around the world.
And in quite a few U.S. cities, KFC is teaming up with sister restaurants, A&W, All-American Food™,
Long John Silver's, Taco Bell and Pizza Hut, selling products from the popular chains in one
convenient location.

KFC is part of Yum! Brands, Inc., which is the world's largest restaurant system with over 32,500
KFC, A&W All-American Food™,Taco Bell, Long John Silver's and Pizza Hut restaurants in more
than 100 countries and territories.
Company History
Kentucky Fried Chicken, pioneered by Colonel Harland Sanders, has grown to become one of the
largest quick service food service systems in the world - with more than a billion "finger lickin' good"
Kentucky Fried Chicken dinners served annually in more than 80 countries and territories. But
success didn't come easily.

In 1896 Harland's father died, forcing his mother to enter the workforce to support the family. At the
tender age of six, young Harlan was responsible for taking care of his younger siblings and doing
much of the family's cooking. A year later he was already a master of several regional dishes. Over
the course of the next 30 years, Sanders held jobs ranging from streetcar conductor to insurance
salesman, but throughout it all his skill as a cook remained.

The Cook Becomes a Colonel
In 1930, the then 40-year-old Sanders was operating a service station in Corbin, Kentucky, and it
was there that he began cooking for hungry travelers who stopped in for gas. He didn't have a
restaurant yet, so patrons ate from his own dining table in the station's humble living quarters. It was
then that he invented what's called "home meal replacement" - selling complete meals to busy, time-
strapped families. He called it, "Sunday Dinner, Seven Days a Week."

As Sanders' fame grew, Governor Ruby Laffoon made him a Kentucky Colonel in 1935 in
recognition of his contributions to the state's cuisine. Within four years, his establishment was listed
in Duncan Hines' "Adventures in Good Eating."

As more people started coming strictly for the food, he moved across the street to increase his
capacity. Over the next decade, he perfected his secret blend of 11 herbs and spices and the basic
cooking technique that is still used today.

The Colonel's Cooking Spreads Worldwide
In 1955, confident of the quality of his fried chicken, the Colonel devoted himself to developing his
chicken franchising business. Less than 10 years later, Sanders had more than 600 KFC franchises
in the U.S. and Canada, and in 1964 he sold his interest in the U.S. company for $2 million to a
group of investors including John Y. Brown Jr. (who later became governor of Kentucky).

Under the new owners, Kentucky Fried Chicken Corporation grew rapidly. It went public in 1966,
was listed on the New York Stock Exchange in 1969 and eventually was acquired by PepsiCo, Inc.
in 1986. In 1997, PepsiCo, Inc. spun-off of its quick service restaurants- including KFC-into an
independent restaurant company, Tricon Global Restaurants, Inc. Today, the restaurant company
(now YUM! Brands, Inc.), is the world's largest in terms of system units with nearly 32,500 in more
than 100 countries and territories.

Until he was fatally stricken with leukemia in 1980 at the age of 90, the Colonel traveled 250,000
miles a year visiting KFC restaurants around the world.

doc_882223865.docx
 

Attachments

Back
Top