45-543: Yum! Brands, Inc. (sometimes called simply Yum! ), formerly Tricon Global Restaurants, Inc. , is an American multinational fast food corporation listed on the Fortune 1000 . Yum! operates the brands KFC , Pizza Hut , Taco Bell , and Habit Burger & Grill , except in China, where the brands are operated by a separate company, Yum China . Yum! previously also owned Long John Silver's and A&W Restaurants . The company
90-514: A refectory . Modern-day British cathedrals and abbeys , notably in the Church of England , often use the phrase refectory to describe a cafeteria open to the public. Historically, the refectory was generally only used by monks and priests. For example, although the original 800-year-old refectory at Gloucester Cathedral (the stage setting for dining scenes in the Harry Potter movies)
135-491: A "tray line" to the self-service format, introduced in 1898 at their 130 Broadway location. Childs did not change its format of sit-down dining, however. This was soon the standard design for most Childs Restaurants, and, ultimately, the dominant method for succeeding cafeterias. It has been conjectured that the 'cafeteria craze' started in May 1905, when Helen Mosher opened a downtown L.A. restaurant where people chose their food at
180-529: A few KFC locations in China supplied chicken found to contain "excess levels of chemical residue". Yum! had lost 6% of sales from publicity in China as of January 25, 2013. The company opened its first restaurant in Ulaanbaatar, Mongolia , in May 2013. For Mongolia, KFC was the first western fast food to open its doors in the country. The company is planning to open 15 more restaurants in Ulaanbaatar in
225-485: A food court could equally be styled as a type of restaurant as well, being more aligned with the public, rather than institutionalized, dining. Some institutions, especially schools, have food courts with stations offering different types of food served by the institution itself (self-operation) or a single contract management company, rather than leasing space to numerous businesses. Some monasteries , boarding schools , and older universities refer to their cafeteria as
270-972: A food service management company or lease space to independent businesses to operate food service facilities. The three largest food service management companies servicing institutions are Aramark , Compass Group , and Sodexo . At one time, upscale cafeteria-style restaurants dominated the culture of the Southern United States , and to a lesser extent the Midwest . There were numerous prominent chains of them: Bickford's , Morrison's Cafeteria , Piccadilly Cafeteria , S&W Cafeteria , Apple House, Luby's , K&W , Britling , Wyatt's Cafeteria, and Blue Boar among them. Currently, two Midwestern chains still exist, Sloppy Jo's Lunchroom and Manny's , which are both located in Illinois . There were also several smaller chains, usually located in and around
315-464: A line or allowing arbitrary walking paths. Customers take the food that they desire as they walk along, placing it on a tray . In addition, there are often stations where customers order food, particularly items such as hamburgers or tacos which must be served hot and can be immediately prepared with little waiting. Alternatively, the patron is given a number and the item is brought to their table. For some food items and drinks, such as sodas, water, or
360-604: A long counter and carried their trays to their tables. California has a long history in the cafeteria format - notably the Boos Brothers Cafeterias, and the Clifton's and Schaber's. The earliest cafeterias in California were opened at least 12 years after Kruger's Cafeteria, and Childs already had many locations around the country. Horn & Hardart , an automat format chain (different from cafeterias),
405-450: A meal plan. The method of payment for college cafeterias is commonly in the form of a meal plan, whereby the patron pays a certain amount at the start of the semester and details of the plan are stored on a computer system. Student ID cards are then used to access the meal plan. Meal plans can vary widely in their details and are often not necessary to eat at a college cafeteria. Typically, the college tracks students' plan usage by counting
450-433: A rolling partition outside non-meal hours. Newer rooms which also act as the school's grand entrance hall for crowd control and are used for multiple purposes are often called the commons . Cafeterias serving university dormitories are sometimes called dining halls or dining commons . A food court is a type of cafeteria found in many shopping malls and airports featuring multiple food vendors or concessions. However,
495-456: A single city. These institutions, except K&W, went into a decline in the 1960s with the rise of fast food and were largely finished off in the 1980s by the rise of all-you-can-eat buffets and other casual dining establishments. A few chains—particularly Luby's and Piccadilly Cafeterias (which took over the Morrison's chain in 1998)—continue to fill some of the gap left by the decline of
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#1732791759624540-658: Is little or no waiting staff table service, whether in a restaurant or within an institution such as a large office building or school ; a school dining location is also referred to as a dining hall or lunchroom (in American English ). Cafeterias are different from coffeehouses , although the English term came from the Spanish term cafetería , which carries the same meaning. Instead of table service, there are food-serving counters/stalls or booths, either in
585-401: Is now mostly used as a choir practice area, the relatively modern 300-year-old extension, now used as a cafeteria by staff and public alike, is today referred to as the refectory. A cafeteria located within a movie or TV studio complex is often called a commissary . In American English, a college cafeteria is a cafeteria intended for college students. In British English, it is often called
630-448: The refectory . These cafeterias can be a part of a residence hall or in a separate building. Many of these colleges employ their students to work in the cafeteria. The number of meals served to students varies from school to school but is normally around 21 meals per week. Like normal cafeterias, a person will have a tray to select the food that they want, but (at some campuses) instead of paying money, pays beforehand by purchasing
675-514: The AGM in May 2016, Robert D. Walter became non-executive chairman. At the end of 2019 Greg Creed retired as CEO and the current COO (David Gibbs) was Creed's replacement. Since 2006, Yum! Brands has served as the corporate sponsor of the Kentucky Derby . On October 20, 2015, Yum! Brands, Inc., announced that it intended to separate into two independent, publicly traded companies. Yum China
720-653: The Chinese Ministry of Commerce, to determine whether or not the transaction would result in a monopolistic positioning of Yum! in the country's restaurant industry. The Ministry approved the deal in November 2011, according to Little Sheep representatives. In 2012, a KFC opened in Ramallah and became the first American fast food restaurant to operate in the West Bank ; a Pizza Hut was also planned. In 2013,
765-614: The Tricon-Yorkshire multibranding test consisted of 83 KFC/A&Ws, six KFC/Long John Silver's and three Taco Bell/Long John Silver's and was considered successful by the companies. In 2001, KFC started test restaurants in Austin, Texas, called "Wing Works", a chicken wing line sold with one of a few flavored sauces. KFC also hired a consultant to develop a breakfast menu. In March 2002, Yorkshire announced it would merge with Tricon Global Restaurants to form Yum! Brands. The merger
810-527: The U.S. population at the time) in six months, and it was because of Kruger's operation that the United States first heard the term and experienced the self-service dining format. Meanwhile, the chain of Childs Restaurants quickly grew from about 10 locations in New York City in 1890 to hundreds across the U.S. and Canada by 1920. Childs is credited with the innovation of adding trays and
855-403: The United States often refer to cafeterias as lunchrooms , which also often serve school breakfast . Some school cafeterias in the U.S. and Canada have stages and movable seating that allow use as auditoriums. These rooms are known as cafetoriums or All Purpose Rooms. In some older facilities, a school's gymnasium is also often used as a cafeteria, with the kitchen facility being hidden behind
900-500: The United States, and for which revenues are publicly available (regardless of whether they are public companies listed on a stock market ). The Fortune 500 is the subset of the list that is its 500 largest companies. The list draws the attention of business readers seeking to learn the influential players in the American economy and prospective sales targets, as these companies tend to have large budgets and staff needs. Walmart
945-559: The decade leading up to the company's announcement, major growth had relied on international expansion. With little presence outside North America, the two chains no longer fit in the company's long-term growth plans. The foreign expansion—particularly that of Taco Bell, KFC and Pizza Hut—was cited in the firm's January 18, 2011, announcement of its intention to dispose of the A&;W and Long John Silver's chains. Both of those chains also suffered from poor sales, and had fewer locations compared to
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#1732791759624990-679: The government also encouraged schools to provide meals for students in need, thus resulting in the conception of cafeterias or cantine (in French). According to Abramson, before the creation of cafeterias, only some students could bring home-cooked meals and be properly fed in schools. As cafeterias in France became more popular, their use spread beyond schools and into the workforce. Thus, due to pressure from workers and eventually new labor laws, sizable businesses had to, at minimum, provide established eating areas for their workers. Support for this practice
1035-473: The like, customers collect an empty container, pay at check-out, and fill the container after check-out. Free unlimited-second servings are often allowed under this system. For legal purposes (and the consumption patterns of customers), this system is rarely, if at all, used for alcoholic drinks in the United States. Customers are either charged a flat rate for admission (as in a buffet ) or pay at check-out for each item. Some self-service cafeterias charge by
1080-627: The next 5 years, including the country's first drive-thru service. Yum! Brands also opened Taco Bell and Pizza Hut restaurants in newer Target stores. Yum! Brands opened its 40,000th store in Calangute, Goa , India in October 2013. In 2013, its KFC subsidiary opened a fast casual version, KFC eleven, test location in Louisville on Bardstown Road. The sole KFC Eleven was closed in April 2015. In
1125-490: The number of predefined meal servings, points, dollars, or buffet dinners. The plan may give the student a certain number of any of the above per week or semester and they may or may not roll over to the next week or semester. Many schools offer several different options for using their meal plans. The main cafeteria is usually where most of the meal plan is used but smaller cafeterias, cafés, restaurants, bars , or even fast food chains located on campus, on nearby streets, or in
1170-543: The older chains. Some of the smaller Midwestern chains, such as MCL Cafeterias centered in Indianapolis , are still in business. Perhaps the first self-service restaurant (not necessarily a cafeteria) in the U.S. was the Exchange Buffet in New York City , which opened September 4, 1885, and catered to an exclusively male clientele. Food was purchased at a counter and patrons ate standing up. This represents
1215-508: The other chains in the Yum! Brands portfolio. In September 2011, Yum! announced they had found buyers for the A&W and Long John Silver's chains. A Great American Brand bought A&W, and Long John Silver's was sold to LJS Partners LLC. In May 2011, Yum! agreed to purchase Chinese hot pot chain Little Sheep for HK$ 4.56 billion. The deal spent more than 4 months in antitrust review by
1260-521: The predecessor of two formats: the cafeteria, described below, and the automat . During the 1893 World's Columbian Exposition in Chicago , entrepreneur John Kruger built an American version of the smörgåsbords he had seen while traveling in Sweden. Emphasizing the simplicity and light fare, he called it the 'Cafeteria' - Spanish for 'coffee shop'. The exposition attracted over 27 million visitors (half
1305-408: The privately owned EG Group's KFC UK and Ireland businesses will come under Yum's KFC UK and Ireland management. The current CEO of Yum! Brands is David Gibbs . Former CEOs include Greg Creed and David C. Novak . Novak became CEO of predecessor firm Tricon Global on January 1, 2000, and chairman of the board on January 1, 2001. Greg Creed replaced Novak in his role as CEO on January 1, 2015. At
1350-506: The summer of 2014, Yum!'s Taco Bell subsidiary launched its U.S. Taco Co and Urban Tap Room fast-casual taco concept restaurant in Huntington Beach, California, to take on fast casual restaurants like Chipotle and Panera . In the first quarter of 2015, Third Point Management and Corvex Management separately acquired an unspecified stake in the company. A second Chix unit opened in May 2015 with additional menu items. Super Chix
1395-469: The surrounding town or city may accept meal plans. A college cafeteria system often has a virtual monopoly on the students due to an isolated location or a requirement that residence contracts include a full meal plan. There are many self-service bento shops in Taiwan . The store puts the dishes in the self-service area for the customers to pick them up by themselves. After the customers choose, they go to
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1440-500: The third quarter of 2013, Yum! Brands had to book an impairment of the goodwill resulting from the takeover of Little Sheep in 2011 in the amount of $ 222 million, which reduced profits for 2013. In 2014, Yum! launched a number of additional restaurant test concepts, Super Chix, U.S. Taco Co. and Banh Shop. Yum! opened Super Chix in Central Arlington, Texas, a restaurant similar in format to Chick-fil-A , on April 9, 2014. In
1485-657: The weight of items on a patron's plate. In universities and colleges, some students pay for three meals a day by making a single large payment for the entire semester . As cafeterias require few employees, they are often found within a larger institution, catering to the employees or clientele of that institution. For example, schools , colleges and their residence halls , department stores , hospitals , museums , places of worship , amusement parks , military bases , prisons , factories , and office buildings often have cafeterias. Although some of such institutions self-operate their cafeterias, many outsource their cafeterias to
1530-420: Was acquired in 2003 from Pasta Bravo, Inc. of Aliso Viejo, California for $ 5 million to pair with Pizza Hut. In 2003, Yum! launched WingStreet as a hybrid combo unit with an existing Pizza Hut franchise. In 2007 and 2008, a thousand WingStreet stores a year were opened. On October 19, 2009, Company president Scott Bergren publicized WingStreet's national launch. An East Dawning test cafeteria-style restaurant
1575-588: Was acquired via Taco Bell from William Van Domelen, but the company was sold in 1996. In 1992, PepsiCo acquired California Pizza Kitchen . In 1993, it acquired Chevys Fresh Mex , D'Angelo Grilled Sandwiches , and the American division of Canadian chain East Side Mario's . These chains were later sold when PepsiCo exited the restaurant business and spun off KFC, Pizza Hut and Taco Bell (see next paragraph). In 1997, PepsiCo sold PepsiCo Food Systems restaurant-supply unit to Ameriserve Food Distribution Inc. Yum!
1620-495: Was acquiring Kvantum Inc., an artificial intelligence-based consumer insights and marketing technology company. In September 2021, Yum! completed the acquisition of Australian kitchen order management and delivery technology company Dragontail Systems for US$ 69.1 million in cash. In December 2023 the company announced it will acquire 218 restaurants from its largest franchisee EG Group in the UK and Ireland. After completion in 2024, all of
1665-425: Was also reinforced by the effects of World War II when the importance of national health and nutrition came under great attention. A cafeteria in a U.S. military installation is known as a chow hall , a mess hall , a galley , a mess deck , or, more formally, a dining facility , often abbreviated to DF , whereas in common British Armed Forces parlance, it is known as a cookhouse or mess . Students in
1710-740: Was created as a subsidiary of PepsiCo in 1997. Based in Louisville, Kentucky , Yum! is one of the world's largest fast food restaurant companies in terms of system units. In 2016, Yum! had 43,617 restaurants, including 2,859 that were company-owned and 40,758 that were franchised, in 135 nations and territories worldwide. The company's history began in 1977, when PepsiCo entered the restaurant business by acquiring Pizza Hut from co-founders Dan and Frank Carney . A year later, PepsiCo purchased Taco Bell from founder Glen Bell . In July 1986, R. J. Reynolds sold KFC to PepsiCo to pay off debt from its recent purchase of Nabisco . In 1990, Hot 'n Now
1755-731: Was created in 1997 as Tricon Global Restaurants, Inc. from PepsiCo 's fast food division as the parent corporation of the KFC, Pizza Hut and Taco Bell restaurant companies. The decision was announced in January and the spin off was effected on October 6. Tricon selected Louisville, also the site of KFC's headquarters, as its corporate headquarters. Taco Bell and Pizza Hut continued to be headquartered in Irvine, California and Dallas , Texas, respectively. In 2000, Tricon Global tested multi-branded locations with Yorkshire Global Restaurants . By March 2002,
1800-606: Was finalized on May 8, 2002, and the name change became effective on May 22, 2002. On June 6, 2002, Yum! executed a two-for-one stock split . Shortly afterwards, due to Yum!'s lifetime contract with Pepsi, Long John Silver's and A&W Restaurants (which previously served Coca-Cola products) began switching to Pepsi products, with A&W Restaurants retaining A&W Root Beer from a separate deal with Dr Pepper/Seven Up (now Keurig Dr Pepper ). In 2002, Yum! began testing co-branding locations pairing Pizza Hut with Pasta Bravo , Back Yard Burgers , and A&W. The Pasta Bravo concept
1845-423: Was number one on the list for five of the seven years from 2007 to 2014, interrupted only by ExxonMobil in 2009 and 2012. The following is a list of urban areas by the number of companies on the 2014 Fortune 1000 list that are located there: Cafeteria-style restaurant A cafeteria , sometimes called a canteen outside the U.S. and Canada , is a type of food service location in which there
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1890-530: Was opened in Shanghai in 2004. After initially failing, Yum! Brands chose the KFC business model (KFC is the most successful Western chain in China) and found greater success. As of September 30, 2007, eight East Dawning restaurants were in operation. In January 2011, Yum! announced its intentions to dispose of its Long John Silver's and A&W brands to focus on its core brands of KFC, Pizza Hut and Taco Bell. For
1935-779: Was sold to founder Nick Ouimet and an investment group in August 2015. In 2017, Yum! announced plans to open 10 Pizza Hut restaurants in Ethiopia , after signing a franchise with the country's Belayab Foods and Franchise PLC. In January 2020, Yum! announced they were acquiring Irvine, California-based Habit Burger & Grill , for $ 375 million; the transaction was completed on March 18, 2020. In 2020 and 2021, Yum! acquired several technology companies. In March 2020, it acquired Heartstyles, an omnichannel training company. In March 2021, it acquired Tictuk Technologies, an Israeli omnichannel ordering and marketing solutions provider, and announced it
1980-530: Was spun off on November 1, 2016. Yum China's operations excluded stores in Hong Kong, Macau and Taiwan, which are franchised from Yum Brands through Jardine Matheson unit Jardine Pacific's Jardine Restaurant Group . Fortune 1000 The Fortune 1000 are the 1,000 largest American companies ranked by revenues , as compiled by the American business magazine Fortune . It only includes companies which are incorporated or authorized to do business in
2025-477: Was well established in the mid-Atlantic region before 1900. Between 1960 and 1981, the popularity of cafeterias was overcome by fast food restaurants and fast casual restaurant formats. Outside the United States, the development of cafeterias can be observed in France as early as 1881 with the passing of the Ferry Law . This law mandated that public school education be available to all children. Accordingly,
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