When Yum Brands announced its partnership with Grubhub earlier this year, the company made sure that the delivery integration would work out favorably for its franchisees. According to details of the partnership terms discussed at Yum Brands’ annual investor day, Taco Bell and KFC franchise owners aren’t paying any extra delivery fees, but are instead making the same …
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Yum! Brands, Inc.’s YUM subsidiary brand Pizza Hut announced that it entered a definitive merger agreement with a leading online ordering software and service provider in the restaurant industry named QuikOrder. The acquisition, which will be the largest one for Pizza Hut till date, is expected to close this month. The acquisition will allow Pizza …
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Yum! Brands Inc.’s KFC and Pizza Hut haven’t kept up with rivals amid steep fast-food discounting. Comparable sales trailed estimates in the first quarter, as diners flocked to competitors including McDonald’s Corp. and Burger King for inexpensive fast food. That sent the shares down the most in 2 1/2 years. …With delivery becoming increasingly important, Yum Brands in February agreed …
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Yum! Brands (NYSE: YUM), one of the world’s largest restaurant companies, and Grubhub (NYSE: GRUB), the nation’s leading online and mobile takeout food-ordering company, today announced a new partnership to drive incremental sales to KFC and Taco Bell restaurants in the U.S. through online ordering for pickup and delivery. YUM also entered into an agreement with Grubhub …
Feb 8 (Reuters) – GrubHub Inc on Thursday reported a quarterly profit that beat analyst’s estimates, and said Yum Brands Inc would buy a 3 percent stake in the online food delivery company, sending its shares up 20 percent in premarket trading. GrubHub continued to add restaurants to its network in the fourth quarter with …
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