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KFC IN CHINA
Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...- Struggling Pizza Hut restaurant chain will be sold for $2.7 billionPizza Hut is set to be sold for $2.7 billion by its parent company Yum Brands. Private equity firm LongRange Capital will acquire the chain...
- Struggling Pizza Hut restaurant chain will be sold for $2.7 billionPizza Hut is on the brink of transformation as Yum Brands agrees to sell the struggling chain for a hefty $2.7 billion. The deal paves the ...
- Saturday Motivation Quote by Alibaba founder Jack Ma: 'If you're doing business, it's not that simple to only buy, you have to create something, you have to create something that…'Jack Ma, Alibaba co-founder, inspires with his journey of overcoming rejection. His philosophy stresses creating new value for the future, ...
- Away from the complex agenda, here are five other highlights from day 1 of the Trump-Xi summitPosting on social media in mid-April, Trump predicted Xi would give him a “big, fat hug” upon his arrival in Beijing. Come Thursday morning...
- Thursday Motivation by Jack Ma: 'Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be...'Jack Ma, Alibaba co-founder, faced many rejections before internet success. His quote "Never give up" reflects his belief in overcoming har...
- Yum China lays out aggressive store expansion plans for KFC, Pizza HutThe group would add over 600 net new Pizza Hut stores annually over the next three years and expected to double operating profit in China f...
- No geopolitics in fast food brandsWhile delivering food merely in leftover 'KFC' bags is the likely explanation, it is a fact that for China, it doesn't matter even if it wa...
- KFC owner reports ‘exceptional quarter’, picks up stake in DILYum! Restaurants, Indian subsidiary of Yum! Brands, has picked up minority stake in its largest franchise partner RJ Corp-owned Devyani Int...
- Pizza Hut logs 6 per cent growth in system sales in Q1: Yum Brands IncSystem sales is a term used in franchising industry to assess the growth of a franchised brand and the sales figure excludes foreign curren...
- Yum to return $6.2 bn to shareholders before China separationYum Brands Inc said it planned to return up to $6.2 billion to shareholders before completing the separation of its China business, which i...
- KFC to open its first restaurant in TibetKFC signed a contract with a shopping mall in downtown Lhasa, capital of the region, to open the first restaurant in Tibet by the end of Ja...
- KFC has one huge problem that's killing businessKFC's Chinese business is weighing down the entire brand - and activist investors think it's time for Yum! Brands to unload the operation.
- China seals McDonald's, KFC supplies after stale meat scandalThe move came in response to media and public outcry after a Shanghai TV station exposed Shanghai Husi Food Co. of selling stale meat.
- KFC and Pizza Hut parent Yum Brands to serve Mexican tacos with desi flavourTaco Bell, having been present in India for two years will now boast of 60% localized and vegetarian offerings, a first for the Mexican cha...
- KFC to focus on innovation; targets youth to build brand loyalty & fight competitionKFC plans to grow on four fronts-geographical reach, food menu, serving hours and customer base, with particular focus on the Indian youth.
- KFC to lead $1billion Yum! target in India; US food giant looks to repeat China story, set for maiden profitThe Indian ops of Yum! Brands will clock profits this year for the first time since it entered the country way back in 1995.
- Strike at China's Honda plants makes foreign firms waryForeign firms that have made huge investments in China to take advantage of its cheap labour resources watched warily as Japanese car major...
- Yum Brands profit jumps in Q2Grilling has put some sizzle back at KFC, but a reduced sales outlook took a toll on shares of KFC parent company Yum Brands Inc despite a ...
- McDonalds, KFC allow unions in ChinaMcDonald’s and KFC are allowing union branches in their China outlets, in a nod to the country’s state-sanctioned labour federation, while ...
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