Tricon is primed to serve up a fast-food turnaround; operating earnings to show a big jump for year following PepsiCo spinoff

Article Abstract:

When Tricon Global Restaurants Inc. became the spinoff company comprised of Pizza Hut, Taco Bell and KFC sixteen months ago, it inherited $4.7 billion in debt along with everything else. That debt has been reduced by $1 billion already. Managers are beginning to act like owners and various incentives are now in place to work on employee turnover. Morale is up due to better management even without incentives. Many locations are getting renovated and customer service is a high priority.

Comment:

Fast food units no longer look and act like poor step-children

Management dynamics, Fast Food Restaurants, Limited-Service Restaurants, Management, Yum! Brands Inc., YUM

---

Jamba Juice's deal for Zuka may result in a profitable blend; 'Smoothie' market seems set to replicate coffee craze, some observers predict

Article Abstract:

In an all-stock deal San Francisco-based Jamba Juice Inc. is expected to buy another smoothie bar enterprise based in Salt Lake City, Zuka Juice Inc. Together there will be 220 stores selling made-to-order juice and nutrient based drinks. Over the next five years, Jamba also plans to install drink bars in 75 of Whole Foods Markets through a licensing agreement.

Comment:

Utah-based juice drink firm to be acquired by Jamba

Asset sales & divestitures, Acquisitions & mergers, Other Eating Places, Limited-Service Eating Places, Mergers, acquisitions and divestments, Beverage industry, Restaurants, Fruit drinks, Jamba Juice Co., Zuka Juice Inc.

---

Similar abstracts:

• Abstracts: Micron Electronics maps drive for recognition. 3Com earnings, topping forecasts, suggest a rebound. Packard Bell chief resigns abruptly, apparently in rift
• Abstracts: A milestone on the road to ultrafast computers. Bridging two worlds to make on-line digital music profitable
• Abstracts: Nike serves up tennis-gear ad that plays sudden-death game. 'Serious' advertisers try to be humorous. VW throws in everything except the car
• Abstracts: Fashion magazines are bulging with ads. Recasting the gun as sports equipment; new ads stress shooting's safety and popularity
• Abstracts: A wasteland, and proud of it. Columbia Pictures to share movie profits with writers. Sony Pictures, in an accord with MGM, drops its plan to produce new James Bond movies

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.