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CBS News
19-02-2025
- Business
- CBS News
KFC is moving its corporate headquarters from Kentucky to Texas
Kentucky Fried Chicken is leaving its roots behind, so to speak, with the infamous brand set to follow in the recent wake of a handful of companies relocating to Texas. Among the fast-food chains operated by Yum Brands, KFC is relocating its U.S. corporate headquarters from Louisville, Kentucky, to Plano, Texas, Yum announced on Tuesday. About 100 corporate workers will move from Louisville to Plano in the next six months as a result, according to the company. The parent company wants to bring additional teams together with the idea of better serving its customers, franchisees, workers and shareholders, Yum CEO David Gibbs stated. Yum and the KFC Foundation will maintain offices in Louisville, and Taco Bell and Habit Burger & Grill, also Yum-operated, will stay headquartered in Irvine, California. Another roughly 90 remote workers will be asked to relocate to Plano and Irvine during the next year and a half, the company said. A number of corporations, including those in the tech industry, have recently relocated to Texas. Elon Musk's rocket company SpaceX transferred its incorporation from Delaware to Texas last year and Meta CEO Mark Zuckerberg in January stated the company's content oversight teams would be moving from California to Texas. Oracle currently plans to set up its global headquarters in Nashville, Tennessee, roughly five years after CEO Larry Ellison announced the tech giant's HQ move from Silicon Valley to Austin, Texas. Still, KFC is not leaving its home state entirely behind. In its announcement, Yum offered a nod to "its deep-rooted history in Kentucky," and said it would provide a $1 million endowment to the College of Business at the University of Louisville to fund Yum-sponsored scholarships for students throughout Kentucky. Additionally, KFC said it planned to build a first-of-its-kind flagship restaurant in Louisville. KFC was launched more than 75 years ago by Harland Sanders — aka The Colonel — who in 1930 bought a roadside motel in Corbin, Kentucky, and began selling his Southern-style fried chicken to interstate travelers, according to KFC.
CBS News
19-02-2025
- Business
- CBS News
KFC moving its corporate headquarters from Kentucky to Texas
KFC is uprooting itself, so to speak, with the famous brand, formerly named Kentucky Fried Chicken, set to relocate to Texas. In doing so, it follows in the wake of a handful of companies that have recently moved to the Lone Star state. One of several major fast-food chains operated by Yum Brands, KFC is relocating its U.S. corporate headquarters from Louisville, Kentucky, to Plano, Texas, Yum announced on Tuesday. About 100 corporate workers will move from Louisville to Plano in the next six months as a result, according to the company. Parent company Yum wants to bring additional teams together with the idea of better serving its customers, franchisees, workers and shareholders, CEO David Gibbs stated. Yum and the KFC Foundation will maintain offices in Louisville, and Taco Bell and Habit Burger & Grill, also Yum-operated, will stay headquartered in Irvine, California. Another roughly 90 remote workers will be asked to relocate to Plano and Irvine during the next year and a half, the company said. A number of corporations, including those in the tech industry, have recently relocated to Texas. Elon Musk's rocket company SpaceX transferred its incorporation from Delaware to Texas last year and Meta CEO Mark Zuckerberg in January stated the company's content oversight teams would be moving from California to Texas. Oracle currently plans to set up its global headquarters in Nashville, Tennessee, roughly five years after CEO Larry Ellison announced the tech giant's HQ move from Silicon Valley to Austin, Texas. Still, KFC is not leaving its home state entirely behind. In its announcement, Yum offered a nod to "its deep-rooted history in Kentucky," and said it would provide a $1 million endowment to the College of Business at the University of Louisville to fund Yum-sponsored scholarships for students throughout Kentucky. Additionally, KFC said it planned to build a first-of-its-kind flagship restaurant in Louisville. KFC was launched more than 75 years ago by Harland Sanders — aka The Colonel — who in 1930 bought a roadside motel in Corbin, Kentucky, and began selling his Southern-style fried chicken to interstate travelers, according to KFC.
Yahoo
19-02-2025
- Business
- Yahoo
Kentucky Fried Chicken will no longer be based in Kentucky; here's where the chain is moving
Kentucky Fried Chicken announced Tuesday that it is relocating their corporate office from Kentucky to a new location. Kentucky Fried Chicken is moving its U.S. corporate office to Plano, Texas and 100 KFC corporate workers will be moving in the next six months, the Associated Press reported, citing Yum Brands, which owns KFC, Taco Bell, and Pizza Hut. What they're saying Yum tells the AP that the relocation is part of a plan to have two brand headquarters in the U.S. in Plano, Texas and Irvine, California. RELATED:Popeyes, KFC join growing number of restaurants offering $5 meal deals KFC and Pizza Hut will be headquartered in Plano, Texas, while Taco Bell and Habit Burger & Grill are still based in Irvine, California. Yum explained to the AP that 90 U.S.-based workers who have worked remotely will be asked to relocate to the campus where their work happens. The other side "I am disappointed by this decision and believe the company's founder would be, too," Kentucky Gov. Andy Beshear said in a statement obtained by the AP. "This company's name starts with Kentucky, and it has marketed our state's heritage and culture in the sale of its product." The AP reported that Louisville Mayor Craig Greenberg was also disappointed with the move of corporate employees to Texas, sharing that the brand "was born here and is synonymous with Kentucky." The backstory Colonel Harland Sanders launched the KFC chain. In 1930, at a service station in Corbin, Kentucky, Sanders started feeding travelers and spent the next nine years creating his blend of herbs and spices and refining his cooking technique. Sanders has his likeness on KFC restaurant signs and buckets. Currently, there are 24,000 KFC restaurants in over 145 countries and territories globally, according to the company's website. RELATED:How much does a meal cost at popular fast food chains in America? Local perspective Yum and the KFC Foundation will maintain corporate offices in Louisville, the company told the Associated Press. Beshear and Louisville Mayor Craig Greenberg told the AP they were grateful those jobs are being retained in Kentucky's largest city. Big picture view The Associated Press noted that Yum plans to provide a $1 million endowment to the University of Louisville's College of Business to fund Yum-sponsored scholarships. According to the AP, KFC will continue its brand presence in Louisville with the goal of building a first-of-its-kind flagship restaurant. The Source Information for this story was provided by the Associated Press, which shares background on the KFC move and received comments from Yum Brands on the relocation and Kentucky Gov. Andy Beshear and Louisville Mayor Craig Greenberg. This story was reported from Washington, D.C.
The Hill
18-02-2025
- Business
- The Hill
KFC is leaving its ancestral home as parent company moves its corporate office to Texas
LOUISVILLE, Ky. (AP) — Kentucky Fried Chicken is being uprooted from its ancestral home state in a shake up that will relocate its U.S. corporate office to Texas, the chain's parent company said Tuesday. The KFC chain — launched by Colonel Harland Sanders and his secret blend of 11 herbs and spices — will be based in Plano, Texas, and about 100 KFC corporate employees will be relocated in the next six months, said Yum Brands, which owns KFC, Taco Bell and Pizza Hut. Moving the corporate office from Louisville brought a swift response from the city's mayor. 'I am disappointed to learn that Yum Brands will move its KFC employees to Texas – especially since the brand was born here and is synonymous with Kentucky,' Mayor Craig Greenberg said in a statement. Yum said the move is part of its broader plans to designate two brand headquarters in the U.S. — in Plano and Irvine, California. KFC and Pizza Hut will be headquartered in Plano, while Taco Bell and Habit Burger & Grill will remain based in Irvine, it said. Yum added that 90 U.S.-based employees who have worked remotely will be asked to eventually relocate to the Plano or Irvine campuses, depending on their work. Yum and the KFC Foundation will maintain corporate offices in Louisville, the company said. 'I've asked to meet with the Yum CEO soon and am heartened Yum will retain its corporate headquarters and 560 employees here,' Greenberg said. 'I will work tirelessly with Yum's leadership to continue growing its presence in Louisville.' Employees being shifted will receive relocation and transition support, the company said. Yum said that designating two brand headquarters is meant to foster greater collaboration among its brands and employees. 'These changes position us for sustainable growth and will help us better serve our customers, employees, franchisees and shareholders,' Yum CEO David Gibbs said in a news release. Yum also announced it will provide a $1 million endowment to the University of Louisville's College of Business to fund Yum-sponsored scholarships. And the company said KFC will continue its brand presence in Louisville with the goal of building a first-of-its-kind flagship restaurant. KFC's ties to Kentucky run nearly a century deep. In 1930, at a service station in Corbin, Kentucky, Sanders began feeding travellers and spent the next nine years perfecting his blend of herbs and spices, as well as the basic cooking technique, KFC's website says. There are now over 24,000 KFC outlets in more than 145 countries and territories around the world, it said. And the goateed entrepreneur's likeness is known globally, having been stamped on KFC restaurant signs and chicken buckets.
Associated Press
18-02-2025
- Business
- Associated Press
KFC is leaving its ancestral home as parent company moves its corporate office to Texas
LOUISVILLE, Ky. (AP) — Kentucky Fried Chicken is being uprooted from its ancestral home state in a shake up that will relocate its U.S. corporate office to Texas, the chain's parent company said Tuesday. The KFC chain — launched by Colonel Harland Sanders and his secret blend of 11 herbs and spices — will be based in Plano, Texas, and about 100 KFC corporate employees will be relocated in the next six months, said Yum Brands, which owns KFC, Taco Bell and Pizza Hut. Moving the corporate office from Louisville brought a swift response from the city's mayor. 'I am disappointed to learn that Yum Brands will move its KFC employees to Texas – especially since the brand was born here and is synonymous with Kentucky,' Mayor Craig Greenberg said in a statement. Yum said the move is part of its broader plans to designate two brand headquarters in the U.S. — in Plano and Irvine, California. KFC and Pizza Hut will be headquartered in Plano, while Taco Bell and Habit Burger & Grill will remain based in Irvine, it said. Yum added that 90 U.S.-based employees who have worked remotely will be asked to eventually relocate to the Plano or Irvine campuses, depending on their work. Yum and the KFC Foundation will maintain corporate offices in Louisville, the company said. 'I've asked to meet with the Yum CEO soon and am heartened Yum will retain its corporate headquarters and 560 employees here,' Greenberg said. 'I will work tirelessly with Yum's leadership to continue growing its presence in Louisville.' Employees being shifted will receive relocation and transition support, the company said. Yum said that designating two brand headquarters is meant to foster greater collaboration among its brands and employees. 'These changes position us for sustainable growth and will help us better serve our customers, employees, franchisees and shareholders,' Yum CEO David Gibbs said in a news release. Yum also announced it will provide a $1 million endowment to the University of Louisville's College of Business to fund Yum-sponsored scholarships. And the company said KFC will continue its brand presence in Louisville with the goal of building a first-of-its-kind flagship restaurant. KFC's ties to Kentucky run nearly a century deep. In 1930, at a service station in Corbin, Kentucky, Sanders began feeding travellers and spent the next nine years perfecting his blend of herbs and spices, as well as the basic cooking technique, KFC's website says. There are now over 24,000 KFC outlets in more than 145 countries and territories around the world, it said. And the goateed entrepreneur's likeness is known globally, having been stamped on KFC restaurant signs and chicken buckets.
