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US fast food giant Yum! Brands is to spin off its troubled Chinese operation into a separate business. The new company will be called Yum China. The move will strengthen the parent company which will retain 41,000 restaurants trading under the KFC, Pizza Hut…
Yum Brands shares rallied on Tuesday after the restaurant operator topped earnings expectations as comparable sales in China declined less than forecast. Yum, which operates KFC, Pizza Hut and Taco Bell restaurants, reported first-quarter earnings of 80 cents…
US fast food brand Taco Bell is to make a comeback in Japan. Restaurant chain operator Asrapport Dining Co has partnered with the Taco Bell brand’s parent Yum! Brands and will open the first store in Shibuya, Tokyo, on April 21. It will be the brand’s first…
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