KFC
Colonel Sanders founded Kentucky Fried Chicken in 1930 after he started out selling his famous chicken recipe on a roadside stand in Kentucky – during the time of the Great Depression. After a while, he realized the company would do great as a franchise, so this process started in 1952. It took the world with a bang and became major competition for popular restaurants like McDonald’s, who only served burgers and fries. However, by the end of 2020, a lot of the branches were set to be closed in a bid to increase their profits as well as manage well against the many chicken-based restaurants on the market like Popeye’s and Chick-fil-A. These two companies could be considered KFC’s main rivals.
KFC
Ruby Tuesday
Ruby Tuesday is almost like Applebee’s and TGI Fridays and was established in 1972 in Knoxville, Tennessee. In recent times, its overall sales have been on a downward trend, and as such, the decision to close a lot of its stores is more than imminent. There are approximately 491 branches worldwide with a lot located on the east coast and some on the Pacific Coast. A few years back, the company also owned Marlin and Ray’s, but unfortunately, all those branches were closed out.
Ruby Tuesday
