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In a significant move within India’s quick-service restaurant (QSR) industry, Devyani International and Sapphire Foods India, two of the nation’s largest franchise operators for KFC and Pizza Hut, have agreed to join forces. The merger, approved by parent…
Yum Brands, the parent company of Pizza Hut, is currently exploring strategic alternatives for its pizza arm, which may include a potential sale. This move comes as Pizza Hut’s performance has been an underwhelming aspect of the business, failing to match the…
Yum China Holdings, the owner of the KFC and Pizza Hut restaurant chains in China, has decided to shut down its struggling fast-food brand, East Dawning, after it failed to survive the Covid-19 pandemic. The company said in its annual report that the…
Running restaurants in China is tough when a big part of the population stays home to avoid catching the coronavirus. Yum China , operator of KFC and Pizza Hut in the country, gave a glimpse of the current predicament in results posted after the U.S. close…
Yum China has entered into a partnership with plant-based meat manufacturer Beyond Meat to trial a burger at selected KFC, Pizza Hut, and Taco Bell locations within the country. The agreement marks the introduction of Beyond Meat’s Beyond Burger in Mainland…
Yum China says it is witnessing “early signs of recovery” in Mainland China as business gradually resumes and people return to work. However, the company, which operates KFC, Pizza Hut and Little Sheep chains, said in an update to shareholders that restaurant…
Swedish furniture chain Ikea and Pizza Hut Hong Kong have teamed up to create a full-sized pizza table shaped exactly like the tiny plastic table (the “sava”) included in pizza boxes. The product is part of a collaboration that has also resulted in a new…
Southeast Asian KFC and Pizza Hut operator QSR Brands is seeking to reboot its IPO in the fourth financial quarter this year. The firm was previously in talks to sell its Malaysia shares, but has since backtracked on the plan and returned to its initial IPO…
Restaurant Brands posted a lift in quarterly sales largely due to the success of its 97 KFC stores in the country. The fast food retailer posted total sales of $259.7 million for the quarter to September 9, a 3.5 per cent increase from the previous…
Yum China plans to invest up to US$525 million opening between 800 and 850 new stores in the current financial year. Most of the new stores will be KFC outlets and of its new cafe chain Coffii & Joy. The protections were included in the company’s…
The 400th Pizza Hut Malaysia store has opened at Central I-City Shah Alam. To celebrate the landmark moment in the franchise’s history, Pizza Hut is giving 4000 pizzas to diners, as well as an additional 400 pizzas to 10 local charities. It was also selling…
Restaurant Brands has announced Mexican investor Finaccess Capital SA de CV now has a controlling stake in the company after acquiring three quarters of the company’s shares. The deal closed on March 26 following Finaccess’ offer through its subsidiary,…
Pizza Hut Singapore appoints BLKJ, an independent creative agency, as Agency of Record to resonate with young adults while maintaining its strong heritage among families. BLKJ, one of the fastest growing independent creative agencies in Singapore, was…
An aggressive store rollout program is helping Yum China achieve sales growth, but its Pizza Hut business continues to struggle. In year-end results released overnight, Yum China said fourth-quarter system sales rose 6 per cent in constant currency, but…
Pizza Hut India has announced that the company will focus on delivery as a key driver of business growth in 2019 and introduce various initiatives to further enhance the delivery experience for consumers. Coherent with this aim, the brand has launched a rider…
Pizza Hut Malaysia will open its 400th store in within the next three months. The company says it plans 15 new stores this calendar year, part of the 67 it announced last year within three years. Parent QSR Brands operates 810 KFC locations in its territory…
