Yum execs: Lawsuit still hurting Taco Bell sales
Yum Brands executives said Thursday that Taco Bell, their most profitable U.S. chain, hasn't recovered from the impact of a lawsuit, since dropped, over the beef content of its taco filling.
Louisville-based Yum! Brands, which owns Taco Bell, KFC, Long John Silver's and Pizza Hut, is lobbying to get restaurants more involved.
Yum Brands executives said Thursday that Taco Bell, their most profitable U.S. chain, hasn't recovered from the impact of a lawsuit, since dropped, over the beef content of its taco filling.
A law firm said Monday it has withdrawn its class-action lawsuit that sought to force Taco Bell to stop calling the meat it serves "beef."
Recently released documents show the FBI investigated a death threat against Col. Sanders, creator of KFC's secret fried chicken recipe.
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Taco Bell is going to television with its campaign to fight the damage from a lawsuit that questions its taco filling.
Though it is craving a repeat of its 2010 performance, the owner of the Pizza Hut, Taco Bell and KFC chains is facing distasteful developments: inflation in China and a lawsuit challenging a staple ingredient at Taco Bell.
A growing number of U.S. companies are seeing their bets on China pay off big as sales top those in the USA.
Wendy's/Arby's Group Inc. is considering selling its struggling Arby's business and concentrating more on its expansive Wendy's hamburger chain. Its shares rose more than 6% in pre-market trading.