Yum Brands

Retail Asia07/04/2016

US private equity company KKR & Co tops a growing list of potential investors in Yum! China, the fast food giant’s planned spin-off. Bloomberg has named KKR, Baring Private Equity China and sovereign fund China Investment Corp as potential bidders for cornerstone stakes in the Chinese fast food company which will operate some 9000 franchised […]

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 Asia11/12/2015

Hong Kong’s Jardine Group says its Myanmar joint venture will open up to 20 Pizza Hut restaurants across the new market within five years. With the first outlet just opened in Yangon, the Jardine CM Restaurant Group plans a second in early 2016 with a gradual expansion thereafter as it tests the market. If sales […]

Retail Asia23/11/2015

Yum! Brands has revealed same store sales figures for its KFC China and Pizza Hut China networks. The US company, which last month revealed plans to spin off its Chinese operations into a separate company, said total Chinese October same-store sales grew an estimated five per cent, compared to same-store sales growth of six per […]

Retail Asia14/11/2015

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Investors sweetened towards shares in Yum Brands, the owner of KFC, Pizza Hut and Taco Bell, after the company reported stronger-than-expected October same-store sales growth in China. The Louisville, Kentucky-based company said same-store sales, a key industry metric, grew 5 per cent last month. However, Yum reiterated its fourth-quarter guidance for comparable sales growth of […]

Tag: Yum Brands

Private Equity eyes Yum! China

Taco Bell China on the way

Yum! China fortunes rebound

JV plans 20 Pizza Hut Myanmar stores

KFC China sales bounce back

Yum Brands boosted by China sales growth