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is an American fast food restaurant chain that specializes in fried chicken.
Headquartered in Louisville, Kentucky, it is the world's second-largest restaurant chain (as measured by sales) after Mc Donald's, with almost 20,000 locations globally in 123 countries and territories as of December 2015. Brands, a restaurant company that also owns the Pizza Hut and Taco Bell chains.
The business was refranchised in October 2015 after Yum concluded a year-and-a-half-long exercise to reorganize its business under larger, well-capitalized franchisees.
KFC is known for its slogans "Finger Lickin' Good", "Nobody does chicken like KFC" and "So good".However, the company's rapid expansion overwhelmed the aging Sanders and he sold it to a group of investors led by John Y. In the early 1970s, KFC was sold to the spirits distributor Heublein, which was taken over by the R. Reynolds food and tobacco conglomerate; that company sold the chain to Pepsi Co.The chain continued to expand overseas, however, and in 1987, it became the first Western restaurant chain to open in China.The new company was named Tricon Global Restaurants, and at the time had 30,000 outlets and annual sales of US billion (around US billion in 2013), making it second in the world only to Mc Donald's.By 2015, the company was struggling, having lost business to other retailers and being surpassed by Chick-fil-A as the leading chicken retailer three years previously.