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Tag: chicken

Retail Asia28/06/2023
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Food

KFC operator Collins Foods breaks $1 billion sales threshold

5min0
The boss of major KFC franchisor in Australia, Collins Foods, still believes that the company’s quick-service Mexican food business Taco Bell can succeed in the Australian market despite the brand’s results hitting the group’s full-year profits. Revenue at Collins Foods was up 14.2 percent to $1.3 billion in the 12 months to April 30. KFC stores […]
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Retail Asia15/05/2023
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Food

Coles launches Southern Style Hot Roast Chicken

2min0
Coles has announced a major new flavor for its famous hot roast chickens – and it’s sure to be a hit with KFC fans. For the first time, the supermarket giant will release a Southern Style version of the family favorite. Coles tells 7Life it “wanted to create a tasty and tangy flavor” to build on […]
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Retail Asia14/02/2023
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Food

Collins Foods expands its Dutch KFC network

2min0
Collins Food’s wholly-owned Dutch subsidiary (Collins Foods Netherlands Operations) has entered into a share purchase agreement to acquire eight KFC restaurants in the Netherlands from R. Sambo Holding. The purchase price, which will be funded from Collins Foods’ existing debt facilities, is structured with an initial payment of €8 million (A$12.33 million) and an additional […]
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Retail Asia09/02/2023
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Food

Popeyes re-enters China with TH International

2min0
Tim Hortons China’s exclusive operator, TH International (Tims China), is to relaunch the fried chicken chain Popeyes in China and Macau by acquiring exclusive rights to develop and sub-franchise the brand. The transaction, which the company expected to bring significant cash to Tims China and strengthen the company’s balance sheet, is subject to customary closing […]
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Retail Asia01/11/2022
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Food

Bonchon stays in the Korean fried chicken game in Vietnam

5min0
Bonchon, the global restaurant concept known for its Korean fried chicken, celebrates a year with market expansion, sales growth, and a new fast-casual model. Despite continued industry challenges due to the pandemic, Bonchon retained its strong year-to-date sales performance. In October, the company registered a 76% same-store sales increase compared to 2021. Bonchon has 15% same-store sales […]
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Retail Asia26/07/2022
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Food

KFC operator in Thailand explores sale of business

7min0
Restaurants Development Company is exploring the sale of its KFC franchise business in Thailand, valued at roughly $300 million, as revenue rebounds with a recovery in Southeast Asia’s second-largest economy, three sources aware of the matter said. The Bangkok-based firm, backed by a consortium led by Southeast Asian focused private equity firm AIGF Advisors Pte […]
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Retail Asia29/06/2022
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Food

Collins Foods’ sales rebound as Europe reopens

2min0
Listed fast-food chain operator Collins Foods has reported positive same-store sales growth across both its European and Australian markets despite a turbulent economic climate. The company’s Taco Bell and KFC franchisees in Australia achieved revenue growth of 11 per cent to $1.2 billion with KFC Australia delivering $955.5 million, up 6.1 per cent. KFC’s same-store […]
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Retail Asia16/06/2021
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Food

Hybrid chicken nuggets launched by +Plant

2min0
Food company +Plant has launched a chicken nugget made of 50-per-cent chicken and 50-per-cent plant protein. The hybrid chicken nuggets are gluten-free, additive-free, and carry a four-star health rating. +Plant is part of The Positively Good Co, which aims to “bridge the gap and be the gateway” for people wanting to consume less meat and […]
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Retail Asia21/09/2020
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Food

Top fried chicken restaurant chains post growth

3min0
Vietnam’s three most popular fried chicken restaurant chains earned combined revenues of VND4.3 trillion ($185.5 million) last year, up more than 11 percent year-on-year. South Korean brand Lotteria recorded the highest revenues at VND1.68 trillion ($72.5 million), up nearly 8 percent year-on-year. It has the highest number of outlets in Vietnam at over 210 in […]
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Retail Asia01/09/2020
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Food

KFC most favored fast food chain in Vietnam

3min0
American chain KFC is the most frequently visited fast food restaurant chain in Vietnam, with 45 percent of respondents visiting its stores often, a new survey found. It is followed by South Korea’s Lotteria with 17 percent of 600 respondents, and American restaurant chains Pizza Hut and McDonald’s both at 6 percent, according to the […]
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Retail Asia13/07/2020
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Food

KFC Thailand for sale

1min0
A slice of KFC Thailand is being considered for sale by franchise owner Restaurants Development in a deal that could net $200 million. Sourcing people with knowledge of the matter, the firm is taking advice on a potential sale of the operation – which involves roughly 200 locations and 4000 staff. There is no certainty […]
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Retail Asia30/04/2020
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Food

KFC tests plant-based chicken meals in China

2min0
KFC has launched a three-day test of its plant-based chicken meals in China starting from today, April 28. Partnering with US food manufacturer Cargill, KFC China debuts its plant-based chicken nuggets, which are made from soy, wheat, and special pea, at selected stores in Shanghai, Guangzhou, and Shenzhen. “We are committed to embracing innovation and […]
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Retail Asia16/04/2020
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Food

KFC Singapore launches contactless takeaway service

1min0
KFC Singapore has launched a contactless takeaway service, allowing customers to purchase safely during the circuit breaker period in the city. According to KFC, it is the first fast-food restaurant brand in Singapore to launch such a service. With “Contactless Takeaway”, customers can place orders via KFC Singapore’s app or its website and pick up […]
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