September 10, 2001 |
The only people in the dingy New Wind Restaurant at lunchtime are the cooks, who are playing cards. Asked about the restaurant's specialties, owner Ding Huang skips the sales pitch with a curt: "It's Chinese food." Across the parking lot, smiling hostesses, "flowers," as they are known, welcome a steady stream of customers to KFC. Cash registers ring up a sale every 90 seconds in the two-story air-conditioned restaurant.
November 7, 2006 |
IHOP Corp., the Glendale-based operator of more than 1,200 pancake restaurants in the U.S. and Canada, said Monday that it was testing trans-fat-free oil as other restaurants begin making the switch to the more healthful ingredient. KFC, the home of Colonel Sanders Kentucky fried chicken, announced last week that it would start using oil without harmful trans fatty acids in the U.S. by April. KFC is following Wendy's International Inc.
January 26, 1997 |
High hopes were expressed in Congress last week that a balanced-budget amendment would pass this session. But we'd better hope that it doesn't. In the short term, a push to balance the budget would hurt an economy that is slower than a lot of people think--as major companies such as PepsiCo indicate by their actions. And in the long term, a balanced-budget amendment would be like a rerun of Prohibition, a riot of unintended consequences ending in frustration.
September 22, 1995 |
In the south Indian city of Bangalore, a high-stakes game of chicken is being played--and Col. Sanders could be the loser. At issue is the first of what Kentucky Fried Chicken hopes will soon be 30 of its restaurants in India. Its foes, who are trying to shut down the pioneering eatery, claim American fast food is a baneful influence on India's economy and environment, counter to the country's best interests and dangerous and unhealthy for those who eat it.
July 24, 1986 |
Pepsico Inc. announced today that it has reached an agreement in principle to purchase Kentucky Fried Chicken Corp. from RJR Nabisco Inc. for about $850 million in cash. Kentucky Fried Chicken is the second largest restaurant chain in the world--after McDonald's Corp.--with its 6,500 franchised and company-owned restaurants. Pepsico already operates Pizza Hut and Taco Bell restaurants, in addition to its Pepsi-Cola soft drink and Frito-Lay snack foods businesses.
July 24, 1989 |
In a food-and-beverage-industry version of the domino theory, a high-level executive change at Philip Morris Cos.' General Foods division has led to similar changes at Kraft General Foods, as well as Pepsico Inc. and its Kentucky Fried Chicken Corp. subsidiary. Miles L. Marsh, who served as president of General Foods USA, will move to Whitman Corp. Sept. 1 as president and chief operating officer, according to the company.