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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 giant Yum! Brands has opened a luxury restaurant overlooking Shanghai’s Bund to test menu concepts on locals. Atto Primo, complete with its Italian name, is as far from the fast fried chicken concept of KFC or Pizza Hut as you could possibly get.…
Yum! Brands has unveiled a new concept store in Hong Kong – Pizza Hut Super Delco. The delivery-based, eat-in store model features smaller scale fast casual or a convenient eat-in area with seating for 30-50 customers. The company believes the new store model…
Yum Brands Inc, owner of KFC and Pizza Hut, said on Wednesday that sales at established restaurants in its biggest market China fell less than feared in the fourth quarter as it fights to recover from a food scandal involving a minor supplier, and its shares…
