KFC Moves U.S. Headquarters from Kentucky to Texas
New Home for Yum Brands’ KFC U.S. Operations
KFC is leaving Kentucky, and heading to Texas. The fried chicken chain’s U.S. headquarters will move from Louisville, Kentucky, to Plano, Texas, according to owner Yum Brands. About 100 KFC U.S. employees will be required to relocate over the next six months.
Shift in Global Headquarters Strategy
The relocation is part of Yum’s broader plan to have two corporate headquarters: one in Plano, the other in Irvine, California. KFC and Pizza Hut’s global teams are already based in Plano, while Taco Bell and the Habit Burger & Grill’s teams are located in Irvine.
Remote Workers Must Relocate Too
Additionally, Yum’s U.S. remote workforce, roughly 90 workers, will also be asked to move to the campus where their work is based.
Not Entirely Leaving Kentucky Behind
But Yum isn’t entirely abandoning Kentucky. The company and the KFC Foundation plan to maintain corporate offices in Louisville. Plus, KFC still plans to build a new flagship restaurant in its former hometown.
A New Trend in Corporate Headquarters Relocation
Since the Covid-19 pandemic, many employers have been rethinking the location of their corporate headquarters, often spurred to move because of lower taxes and changes to office space needs due to the hybrid or remote workforce. With its business-friendly policies, Texas has been the most popular relocation choice, according to a 2023 report from CBRE.
Prioritizing Flexibility and Efficiency
In 2020, Yum rival Papa John’s moved its headquarters from Louisville to Atlanta. It later canceled plans to sell its old headquarters, instead opting to hold on to the building for the corporate workers who stayed in Louisville.
Conclusion
KFC’s move to Texas marks a significant shift in the company’s strategy, as it adapts to the changing landscape of corporate headquarters relocation. With its new location, Yum Brands aims to prioritize flexibility and efficiency, while maintaining a presence in Louisville.
FAQs
* What is the reason for KFC’s move to Texas?
+ Yum Brands is rethinking the location of its corporate headquarters, driven by lower taxes and changes to office space needs due to the hybrid or remote workforce.
* How many employees will be affected by the move?
+ About 100 KFC U.S. employees will be required to relocate over the next six months, and roughly 90 U.S. remote workers will also be asked to move to the campus where their work is based.
* Will KFC maintain a presence in Louisville?
+ Yes, Yum and the KFC Foundation plan to maintain corporate offices in Louisville, and KFC still plans to build a new flagship restaurant in its former hometown.