Latest YUM! Brands Stories

2012-08-27 23:01:30

Franchising began in Australia in the 1970s with the introduction of franchised fast-food outlets from the United States. Since then, the Franchising industry has evolved and gained prominence across the business world. Revenue growth across the industry has also been influenced by trends in real household disposable income and consumer sentiment. Franchised operators have faced strong competition from other industries that offer the same range of products and services. For these reasons,...

Word of the Day
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.