What is the history of the KFC franchise?
KFC was one of the first fast-food chains to expand internationally, opening outlets in Britain, Mexico, and Jamaica by the mid-1960s. Throughout the 1970s and 80s, KFC experienced mixed success domestically, as it went through a series of changes in corporate ownership with little or no experience in the restaurant business.
How did church’s chicken take over KFC?
Meanwhile, Church’s Chicken began taking KFC’s market share by offering indoor seating and its „Crispy Chicken“ product. KFC introduced its own „Extra Crispy Chicken“ in 1972. The introduction of barbecue spare ribs in 1973 caused „tremendous“ operating problems.
Who is the CEO of KFC North America?
David Novak appointed President. Afterwards, Novak oversaw ten fiscal quarters of consecutive growth at KFC North America. As a result of his success at KFC North America, Novak became President and CEO of the entire KFC organization in 1996.
What happened to the first KFC in China?
In November 1987, KFC became the first Western restaurant chain in China, with an outlet in Beijing. In 1989, first quarter sales at KFC rose 30 percent to US$280 million. In July, president and CEO Richard Meyer left KFC in order to become the CEO at Kraft Foods, and was replaced by John Cranor III.
Why did KFC introduce extra crispy chicken?
KFC introduced its own „Extra Crispy Chicken“ in 1972. The introduction of barbecue spare ribs in 1973 caused „tremendous“ operating problems. After the product was launched there was a shortage of pork, which pushed prices beyond what customers were willing to pay.
How did church’s chicken take over KFC’s market share?
Meanwhile, Church’s Chicken began taking KFC’s market share by offering indoor seating and its „Crispy Chicken“ product. KFC introduced its own „Extra Crispy Chicken“ in 1972.