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Retail Asia08/03/2022

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 […]

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Retail Asia05/02/2021

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 Wednesday. It has temporarily closed more than 30% of its restaurants […]

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Retail Asia03/06/2020

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 China. “We see great potential for the plant-based meat market in China,” said Yum […]

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Retail Asia25/03/2020

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 traffic remains “heavily impacted” as people continue to implement social-distancing measures. Store closures […]

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Retail Asia18/03/2020

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 pizza recipe using Ikea’s meatballs – and comes packed in […]

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Retail Asia27/11/2019

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 agenda, with its financial performance over the next two […]

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Retail Asia03/10/2019

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 corresponding period’s $8.8 million, despite its exit from Starbucks in […]

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Retail Asia14/08/2019

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 second-quarter results released overnight, which showed total system sales […]

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Retail Asia20/05/2019

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 its personal-sized pizzas for just RM4 (around US$1) at the […]

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Retail Asia12/04/2019

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, Global Valar SL, for up to 75 per cent of Restaurant Brands New Zealand shares at NZ$9.45 cash […]

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Retail Asia15/03/2019

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 established in 2017. BLKJ will be managing all Pizza Hut’s upcoming campaign launches. They will lead all marketing […]

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Retail Asia04/02/2019

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 same-store sales rose by a more modest 2 per cent. The company, which owns the Chinese […]

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Retail Asia25/01/2019

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 tracking feature across its digital ordering platforms – mobile-site, mobile app and […]

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Retail Asia18/01/2019

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 of Malaysia, Singapore, Brunei and Cambodia, drawing 25 million […]

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Retail Asia03/01/2019

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Pizza Hut International on Tuesday announced that Unnat Varma, Managing Director, Pizza Hut India Subcontinent has been elevated to the position of Managing Director, Pizza Hut Asia Pacific effective 1 January 2019. In his new role, he will be responsible for steering Pizza Hut to the next phase of growth across the Asia Pacific region. Varma will be based in Pizza Hut APAC headquarters […]

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Retail Asia26/12/2018

Yum! Restaurants-led Pizza Hut is betting big on technology. The brand is investing technology at each every step from taking orders to delivery of the pizza. Elaborating more on the same, Managing Director, Pizza Hut (India Subcontinent), Yum! Restaurants, Unnat Varma said, “We are using technology in sorting out our kitchens. So kitchens are becoming better in terms of […]

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Retail Asia30/11/2018

Taco Bell Thailand is scheduled to launch in Bangkok early next year. Thoresen Thai Agencies, which also holds the Thailand franchise for Taco Bell’s sister brand Pizza Hut, is planning to open the restaurant in Mercury Ville mall on the BTS Chidlom stop. The firm has already begun scouting for employees for the outlet. Taco […]

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Retail Asia10/08/2018

Another day, another Dilly – or so the saying probably goes in Baedal Minjok’s head office. The food-delivery app’s Dilly Plate robot has started serving up slices at a Pizza Hut restaurant in Mok-dong, western Seoul, according to both companies on Wednesday. Dilly Plate, the new serving robot, is not to be confused with plain […]

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Retail Asia07/08/2018

Yum China sales rose 12 per cent in the quarter to June 30, boosted by more stores and currency gains. But same-store sales declined across both of its brands and margins contracted. The company reported total sales of US$2.1 billion which on a currency-neutral basis was 5 per cent better than for the same quarter […]

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Retail Asia18/06/2018

A Gold Coast Pizza Hut operator has been hit with a $216,000 fine for exploiting an Indian delivery driver and trying to cover it up. The Fair Work Ombudsman took action against against Dong Zhao after one of his drivers complained he’d suffered anxiety and anguish from being underpaid, and had to borrow money from his family […]

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