Taco Bell Sets Its Sights on Urban Areas

Yum! Brands (NYSE: YUM) Taco Bell plans to expand its city-based "Cantina" concept, opening 300 to 350 more locations of the higher-end eatery by 2022.

These locations, which serve alcohol and don't have a drive-thru, offer an open kitchen and a more upscale menu than a traditional Taco Bell. Yum! plans to focus on big cities with the Cantina concept with at least 50 being opened in Manhattan, according to a Yum! press release.

Taco Bell has plans to open about 300 new Cantina locations by 2022. Image source: Taco Bell.

Source: Fool.com