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2000 Annual Report - Yum!

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Chicken QSR Sales<br />

KFC 53%<br />

Popeye’s 9%<br />

Church’s 6%<br />

Regional’s 4%<br />

Independents 28%<br />

20% of KFC system<br />

restaurants had a<br />

brighter, slicker look<br />

in <strong>2000</strong>, and more<br />

upgraded units are<br />

on the way in 2001.<br />

18 TRICON GLOBAL RESTAURANTS<br />

KFC “Since building a<br />

foundation for our chicken<br />

sandwiches in the fourth quarter<br />

of 1999 – when we grew the<br />

category more than any other<br />

chain – we’ve since doubled our<br />

1999 sandwich share and are now<br />

aggressively competing for more.<br />

“We’ve positioned ourselves<br />

with a delicious line of freshly made sandwiches,<br />

including Original Recipe, Tender Roast, Triple<br />

Crunch, Triple Crunch Zinger and Honey BBQ.<br />

And last fall, we extended this sandwich line with<br />

the Twister – a unique, zesty, hot-wrap sensation<br />

that’s proving it can keep customers coming back.<br />

“We are optimistic about KFC because we have a much stronger<br />

and balanced calendar featuring sandwiches, chicken-on-the-bone,<br />

strips and wings news throughout the year. We also have an incre-<br />

mental half percent of national advertising, or 11 extra weeks on-air,<br />

to promote the variety of our menu.<br />

KFC has strategically<br />

invested in<br />

consumer learning<br />

and product development<br />

to ensure<br />

we have top-quality,<br />

consumer-preferred<br />

products across<br />

our menu.<br />

“With a new leadership team in place, we’ve set our sights on two<br />

primary goals: operational excellence and brand differentiation. We’ve<br />

intensified our focus on superior CHAMPS performance; a targeted<br />

new advertising campaign to draw in a whole new<br />

Cheryl Bachelder<br />

President and<br />

Chief Concept Officer<br />

Mark Cosby<br />

Chief Operating Officer

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