KFC Archives - Inside Retail Asia
Yum China emerged from the first quarter in profit despite the disruptive effects of the Covid-19 pandemic on sales and operations.
Restaurant operator Yum China, which operates KFC and Pizza Hut in the territory, has purchased a controlling interest in Chinese-style casual dining franchise Huang Ji Huang.
KFC Japan will celebrate its Golden anniversary this year, its launch dating back to March 1970 in an Osaka trial, with the first permanent store opening in November in Nagoya.
Yum China says it is witnessing “early signs of recovery” in Mainland China as business gradually resumes and people return to work.
Several major food chains in Luzon, Philippines, have decided to either temporarily suspend their operations or reduce operating hours after the area was put into “enhanced community quarantine”.
Chinese fast-food companies will recover soon, according to analysts, as life in major mainland cities slowly begins to return to normal, the peak of the coronavirus crisis there now over.
In response to the spreading coronavirus, Yum China, which operates Chinese KFC and Pizza Hut networks, has launched a contactless food-delivery service.
Apple and Levi’s joined the growing list of international retailers shuttering stores in Mainland China as the infection rate and death toll from the coronavirus continued to grow over the weekend.
Swedish furniture and homewares chain Ikea has closed all of its mainland Chinese stores in the wake of the coronavirus outbreak.
As health authorities across Asia struggle to assess the severity and impact of the deadly Coronavirus, hundreds of stores have closed in Mainland China.
Pizza Hut and KFC restaurant operator Yum China is preparing for a second listing in Hong Kong.
Yum has announced the opening of its first franchised restaurants in Chinese gas stations, in collaboration with China Petrochemical Corporation and China National Petroleum Corporation.