Tag: KFC

Retail Asia28/06/2023
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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 […]

Retail Asia14/02/2023
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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 […]

Retail Asia05/08/2022
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1min0
KFC may be known for its fried chicken, but it’s about to make a move into the fashion world, teaming up with HYPE to launch a 47-piece clothing line. The fast food chain has collaborated with lifestyle brand HYPE to create a collection of clothes and accessories including hoodies, puffer jackets and bucket (no pun […]

Retail Asia26/07/2022
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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 […]

Retail Asia29/06/2022
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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 […]

Retail Asia25/04/2022
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3min0
Yum China has just launched KFC’s first Green Pioneer Stores in Beijing and Hangzhou, as it works toward building a network of net-zero restaurants in the future. The move is part of the company’s climate strategy and a roadmap to achieving net-zero by 2050, following its pledge to Business Ambition for 1.5°C Commitment Letter to […]

Retail Asia20/04/2022
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2min0
Yum China has appointed Johnson Huang as its first chief customer officer and Warton Wang, who is currently the chief development officer, as GM of KFC. Both roles are effective on May 1. Yum China says creating the chief customer officer position is one of the company’s strategies to “integrate customer-centricity into its brand-driven culture”. […]

Retail Asia08/03/2022
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5min0
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 remaining five outlets of the Chinese-style quick-service restaurant (QSR) brand would cease to […]

Retail Asia21/10/2021
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4min0
Collins Foods Netherlands B.V. has entered into a share purchase agreement with RDK Holding B.V. and MDK Holding B.V. to acquire nine KFC restaurants in the Netherlands. The sellers are the second-largest KFC franchisee in the Netherlands after Collins Foods’ 35 restaurants. Once completed, this acquisition will increase the Collins Foods KFC network in the Netherlands to […]

Retail Asia26/03/2021
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2min0
Popeyes has its sights set on China. On Monday, the American fried chicken chain officially announced that it would open its first China-based store right here in Shanghai sometime next year. But that’s just the beginning. Popeyes has big plans to become China’s most popular fried chicken joint. No easy feat considering KFC – the […]

Retail Asia01/09/2020
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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 […]

Retail Asia13/07/2020
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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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