Taco Bell

Retail Asia16/02/2017

Yum China’s full-year operating profit of US$640 million was up 31 per cent led by margin expansion and restaurant openings. Its CEO describes it as a “momentous” year for the group, licensee of Yum! Brands in Mainland China. It has exclusive rights on the mainland to KFC, Pizza Hut and Taco Bell, which opened its […]

Retail Asia11/01/2017

Mexican-inspired restaurant chain Taco Bell has opened its first outlet in China, near Shanghai’s landmark Oriental Pearl Tower in the Lujiazui business district. The restaurant has opened in conjunction with Yum China Holdings, which is the licensee of Yum! Brands in Mainland China. “Leveraging our deep insights into Chinese consumer preferences, developed from close to […]

Retail Asia22/12/2016

US fast-food restaurant company International Dairy Queen (IDQ) has signed a multi-unit development agreement to expand into Korea. It plans to open 50 DQ Grill & Chill locations within the next five years in conjunction with privately held M2G USA Investment, which has a diversified business portfolio including restaurants, hotels, public storage, household appliance manufacturing, […]

Retail Asia16/11/2016

A $6.2 million US military minimall has been officially opened for troops relocating to an expandedCamp Humphreys in South Korea. The Army and Air Force Exchange Service (AAFES) centre includes fast-food restaurants, a barber shop and a retail store, across the street from a new barracks at the US Army garrison 88km south of Seoul. […]

Retail Asia17/10/2016

Yum China, being spun off at the end of this month by Yum Brands Inc, says it can triple its number of restaurants. Yum Brands opened its foray into China with a KFC restaurant in Beijing in 1987. There are now more than 7300 KFC and Pizza Hut outlets. “I really don’t see any reason […]

Retail Asia07/10/2016

Yum China is set to exploit “huge potential” after its spin-off from its US parent, says Neil Saunders, CEO of Conlumino. Commenting on the parent company’s latest results, the US-based retail commentator said while the China division once again delivered “an anemic performance” with total system sales declining by 3 per cent over the prior […]

Retail Asia19/09/2016

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Yum China has revealed the likely composition of its board post-spin-off from its US parent, Yum! Brands. The new company to be formed after the sell-off to Primavera Capital Group and a subsidiary of Alibaba Group, will be called Yum China Holdings and is expected to be formally formed on October 31. The nine new […]

Retail Asia08/09/2016

Yum! Brands has agreed with two partners to invest $460 million into Yum China, following its spinoff from the American fast-food giant. Also involved are China-based global private equity firm Primavera Capital Group and online and Alibaba subsidiary, mobile financial services provider Ant Financial Services Group, which runs the Alipay mobile payments platform. The spinoff and […]

Retail Asia26/04/2016

Yum Brands, the parent company behind fast-food chains KFC, Pizza Hut and Taco Bell, has reported a surprise 8% rise in first-quarter net operating profit. One-time gains in the quarter from a Chinese New Year chicken bucket promotion helped boost sales in China and bring in profits of $391m (£273m; €346m) in the January to […]

Retail Asia30/03/2016

Mexican-inspired fast food is about to tickle Asian palettes, with the first Taco Bell China restaurant scheduled to open this year. Yum Brands! CEO Greg Creed, speaking at a consumer and retail conference in New York, says the first taco Bell China outlet will open in Shanghai. US-headquartered Yum! Is in the process of separating […]

Retail Asia15/02/2016

Yum! China has showed progress with a system wide sales increase of 3 per cent in the latest quarter – or 7 per cent on a constant currency basis. Same restaurant sales are now in positive growth, although by a fairly meagre 2 per cent given the 16 per cent decline in the same quarter […]

Retail Asia30/10/2015

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 and Taco Bell brands in 125 countries – and which will […]

Retail Asia30/04/2015

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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 per share on revenue of USD2.62 billion. Same-store sales in China, a key division for the company, […]

Retail Asia08/04/2015

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 outlet in Japan in more than 20 years. […]

Tag: Taco Bell

Profits rises for Yum China Holdings

Taco Bell China launches in Shanghai

Dairy Queen signs to expand into South Korea

Military minimall for US troops in Korea

Yum China aims to triple outlets

Yum China has ‘huge potential’

Yum China board lineup revealed

Alibaba to take stake in Yum China

KFC owner Yum profits boosted by China sales

Taco Bell China on the way

Yum! China fortunes rebound

Yum China to split from parent

Yum profit beats as China sales fall less than forecast

Taco Bell Japan makes comeback