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Yum China sales fall as pandemic impact worsens
The company also expects a loss for the second quarter as China tightened movement restrictions to slow the spread of Om...
First KFC ‘Green Pioneer Stores’ open in China
Green Pioneer Stores will also allow customers to experience and learn about eco-friendly restaurants by integrating “gr...
Retail appointments of the week
Yum China names new executives; Leflair Group names new CEO and COO after restructuring; Puma South Korea names new GM; ...
Yum China names new executives
The chief customer officer position is one of the company's strategies to integrate customer-centricity into its brand-d...
Yum China sales suffer as Omicron cases surge
The restaurant chain recorded a 1 per cent fall in same-store sales last year, an improvement from the 9 per cent declin...
Yum China shares dive as US regulators take issue with audit
Its Hong Kong-listed shares slid 10.2 per cent in morning trade, having closed 11 per cent lower in New York.
Yum China calls time on Chinese brand
Local industry sources said a lack of clear market positioning for the brand and increasing local competition led to its...
Record store openings drive Yum China sales growth
Yum China grew its sales by 19 per cent last year to US$9.85 billion despite multiple waves of Covid Delta outbreaks in ...
Yum China opens Digital R&D Center to craft digital strategy
Yum China is set to expand its Digital R&D Center to three sites in Shanghai, Nanjing and Xi’an.
Yum China CEO says to focus store expansion on smaller cities
The company did not break down how many of the planned new stores are for what it refers to as lower-tier cities.
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