Word: kfc
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Dates: during 2000-2009
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...also accustomed to taking a lot of fire. A crowd of Cairo students looking to vent its rage against U.S. support for Israel won't get within a mile of Washington's heavily fortified embassy, but it won't have much trouble finding an American fast-food outlet - as KFC discovered to its detriment last month. And with some 39 McDonald's outlets now operating in Egypt, it's hardly surprising that Middle Eastern franchise owners are developing seemingly unorthodox marketing tactics...
...meetings--may be acceptable at Exxon Mobil, where Corporation member James R. Houghton '58 is a director. They may be acceptable at Enron, on whose board of directors Corporation member Herbert S. Winokur '65 serves. And they may be acceptable at Tricon Restaurants, home of Taco Bell, Pizza Hut, KFC and Corporation member D. Ronald Daniel. But they are not acceptable at our University. As a non-profit institution dedicated to higher learning, Harvard should operate through a qualitatively different power structure than a multinational, for-profit corporation...
...compromise. "We had grandfathered a number of his concepts into the contract, but he's got more concepts than Tricon," he says. What Tricon objects to is Heinecke's new franchise venture in Thailand, Chicken Treat. "As part of the Tricon family, Heinecke has access to information about KFC, and that presents some issues for us," Hearl says. "We welcome competition but not unfair competition." KFC controls more than 65% of the $110 million fast-food chicken market in Thailand. Heinecke counters that Tricon's franchisees in the U.S. and the European Union are not bound by the same clause...