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KFC, the fast-food company, is moving its U.S. headquarters from Louisville, Kentucky to Plano, Texas. The relocation was reported by Yum Brands, the parent company of KFC, Taco Bell, and Pizza Hut, in a strategic realignment to create two brand headquarters in the U.S.
About 100 corporate employees will move to Texas over the next 6 months, and another 90 remote employees will move in 18 months.
Netizens react as KFC relocates its headquarters to Texas
Internet reacts as KFC shifts its US headquarters from Kentucky to Texas.
An X user wrote:
"Time for a rebrand"
"Good, more businesses are moving to Texas!" an X user commented.
"The first actual KFC restaurant was in Salt Lake City. It's still there." another user reacted.
"Hopefully it improves the quality. Tasty but a KFC drumstick is the same size as a regular hot wing." a user wrote.
"Awesome! Can’t wait to get me a bucket of TFC!" a user reacted.
David Gibbs, the chief executive of Yum Brands said:
"These changes position us for sustainable growth and will help us better serve our customers, employees, franchisees and shareholders.”
Governor Andy Beshear stated:
"I am disappointed by this decision and believe the company's founder would be, too. This company's name starts with Kentucky, and it has marketed our state's heritage and culture in the sale of its product.”
Why did KFC shift its US headquarters from Kentucky to Texas?
The decision to shift the company's headquarters follows through with Yum Brands' general operational strategy, which seeks to consolidate the brand's presence in the state that has been attracting a significant number of companies due to its jurisdiction conducive to business, tax policies favorable to business operation, and economic incentives across the state.
Even though, they moved, Yum Brands is strengthening its connection to the state of Kentucky by contributing $1 million to a new endowment to the University of Louisville's College of Business. This endowment will be used to pay for Yum-supported scholarships, which will support students as they pursue their studies.
The company plans to maintain a brand presence in Louisville, with a vision to establish a flagship restaurant unlike any other, ensuring that its historic roots remain intact.
The fast-food company rose from a small roadside stand in Kentucky to one of the world's heavyweight fast-food giants with over 24,000 restaurants in 145 countries. Although the corporate relocation to Texas is a decisive change, the legacy and cultural and historical relevance of the brand in Kentucky remains.
Entering this new phase, the company assures the customers and stakeholders that it continues to uphold the same high-quality products and services as the attributes that made it a household brand for decades. The move to Texas is not only about the place but also about corporate strategy for the future of the company.
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