Yum! Brands has been making significant efforts toward
employee gender parity, progressively inching closer to this goal in leadership roles. Meanwhile, their target to
reduce virgin plastic by 2025 sparks discussions. The company has been seeing lower sales in
KFC and Pizza Hut, although
Taco Bell continues to thrive, becoming a consistent bright spot in the brand's portfolio. An important
technology initiative expected to drive the brand's future is an
expansion of voice AI technology to several Taco Bell drive-thru locations, which reflects their
'AI-First' strategy. The brand also expects to use technology to make operations smoother and personalize the customer experience. Yum! Brands made significant headway in digital sales, topping
50% systemwide, a record-breaking achievement. Unfortunately, the brand faces
headwinds in their Middle East business and a dip in KFC performance due to weak US demand. Nonetheless, the company remains committed to leveraging
technology and AI advancements, maintaining focus on equality, and navigating through challenges with innovation.
Yum! Brands YUM News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Fri, 11 Oct 2024 20:58:00 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor -3
