July 28, 2016 3:14 PM ET

Hotels, Restaurants and Leisure

Company Overview of Taco Bell Corp.

Company Overview

Taco Bell Corp. owns, operates, and franchises a chain of Mexican-inspired quick service restaurants in the United States. Its restaurants offer made to order and customizable tacos, burritos, quesadillas, gorditas, nachos, chalupas, beverages, desserts and sides, and other specialty items. The company was founded in 1954 and is headquartered in Irvine, California. Taco Bell Corp. operates as a subsidiary of Yum! Brands, Inc.

1 Glen Bell Way

Irvine, CA 92618

United States

Founded in 1954

Phone:

949-863-4500

Fax:

949-863-2252

Key Executives for Taco Bell Corp.

Chief Executive Officer
Age: 42
Chief Financial Officer
Chief Executive Officer of Yum! Brands, Inc.
Age: 58
President of Taco Bell International
Age: 53
Chief Development Officer
Compensation as of Fiscal Year 2016.

Taco Bell Corp. Key Developments

Taco Bell Plans to Opens Restaurant in Las Vegas

Taco Bell revealed it is going all in. This fall, the eatery will open a restaurant in the heart of the Las Vegas Strip complete with the unique and social dining features of new Taco Bell Cantina restaurants. The new Las Vegas Taco Bell Cantina will feature an outdoor patio for al fresco dining experiences, digital displays and offerings unique to the Las Vegas experience. Perfect for breakfast through a fourthmeal, or a pit stop on a road trip through the desert, the new 24-hour Taco Bell Cantina restaurant will have a design specific to the sparkle and flare of Vegas, with unique d©cor, an open kitchen layout, community seating and shareable menu items. The Cantina will offer a dining atmosphere fit for the lifestyle of the Vegas Strip, inclusive of experiences that are uniquely Taco Bell. The new Las Vegas Taco Bell Cantina will be centrally-located on the Las Vegas Strip on Harmon Corner, directly across from CityCenter and The Cosmopolitan Hotel. The two-story restaurant will feature an outdoor patio for al fresco dining experiences, digital displays and offerings unique to the Las Vegas experience. Designed to set the stage for a social dining experience, the restaurant will serve alcohol, including beer and Twisted Freezes a unique offering provided only in Taco Bell Cantina locations. Diners can pair their Twisted Freezes with one of the tapas-style menu items exclusive to Cantina restaurants â€" including nachos and rolled tacos during designated hours each evening.

Taco Bell New Urban Restaurant Concept Redefines Fast Food Experience

Taco Bell is dropping the drive-thru, opening its kitchens and using technology to create a new experience as the brand expands into urban markets. New Taco Bell Cantina restaurant located in the Wicker Park neighborhood of Chicago, IL. The new design focuses on simplifying and modernizing the restaurant experience and bringing forward an atmosphere as unique as the community in which it serves. The first of these restaurants called Taco Bell Cantina will open in the Wicker Park neighborhood of Chicago on September 22, and the second will open in San Francisco later in September 2015.

Taco Bell Corp. Announces Expansion Plans

Taco Bell, slated to open its first alcohol- selling restaurant this year in Chicago, is planning a similar unit in San Francisco and evaluating other cities as well. The San Francisco restaurant, near AT&T Park, will sell beer, wine, appetizers and feature a walk-up window. The company is looking at opening similar stores in Boston, New York and Columbus, Ohio. Taco Bell will expand delivery to as many as 400 locations by the end of this year and about 1,000 by the end of 2016. Some restaurants near Houston are testing a catering program.

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Recent Private Companies Transactions

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