::this post ID is 16962::::in categories of ..Food Services....News..::

Taco Bell plans to reach US$15 billion in sales by 2022

Food-service franchise system Taco Bell announced plans to grow from US$10 to US$15 billion in annual global system-wide sales by 2022.

There are currently more than 6,500 Taco Bell restaurants in 23 countries. The franchisor, Yum! Brands, wants to expand to approximately 9,000 within five years. It will focus on Canada, Brazil, India and China for international growth, with plans to open 100 restaurants in each of these markets.

“We have tremendous potential to continue to grow this brand globally with our world-class franchise system,” says Brain Niccol, Taco Bell’s CEO. “We are already off to a great start with our new and remodelled restaurants, which deliver a Taco Bell ‘category-of-one’ brand experience for suburban, urban and rural markets.”

The new restaurants feature open kitchens, shareable food items, digital menu boards and local artists’ work.

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