Yum China Archives
Yum China is set to expand its Digital R&D Center to three sites in Shanghai, Nanjing and Xi’an.
The company did not break down how many of the planned new stores are for what it refers to as lower-tier cities.
The expansion plan will see more Lavazza store openings in higher tier cities with different store formats.
US-listed shares of Yum China fell 3 per cent in extended trading.
This latest effort is part of the company’s “Fruit and Vegetables 100+” program, designed to support recommendations fro...
Same-store sales were up, new stores contributed and there were “substantially fewer” temporary store closures this year...
Recommendations against eating out are expected to hurt the business in 2021, Yum China says.
Yum China has reported a flat third quarter to September, with sales up 1 per cent year on year to US$2.35 billion.
Yum China Holdings, the parent of the Pizza Hut, KFC and other restaurant chains in Mainland China, has confirmed it wil...