Anti-Profiteering agency questions Subway, KFC and Pizza Hut on tax cuts

INDIA - The National Anti-Profiteering Authority (NAPA) has questioned Subway, Yum Restaurants owned Pizza Hut and Kentucky Fried Chicken (KFC) for not fully passing on cuts in goods and services tax (GST) rates to consumers. The fast food restaurants were indicated to have impartially adhered to lower GST rates by passing tax cuts on select…

KFC franchisee Devyani to invest US$145m ahead of listing, appoints former KFC MD

INDIA - Devyani International Ltd (DIL) has announced plans to invest more than US$145 million ahead of the initial public listing of shares and has appointed former KFC India managing director Rahul Shinde as executive director. According to the company, roping in Shinde, who last year had relocated to the US as global CFO for…

KFC to open four more outlets to stay ahead of rivals

KENYA - Kentucky Fried Chicken (KFC), the US-based fast food restaurant chain is set to open four more outlets in the Kenyan capital Nairobi by the end of this year even as competition from other fast food chains increases. According to a report by Business Daily, KFC which operates locally through franchise Kuku Foods East…

KFC UK and Ireland commits to 20% calorie reduction by 2025

UK - KFC UK and Ireland have announced a commitment to remove 20% of calories per serving by 2025 by offering healthier and lighter side options in its menus in the UK and Ireland. KFC is also considering offering alternatives to fries, low or zero-calorie soft drinks and a trial on vegetarian option set to…

Domino’s unveils pizza delivery ‘hotspots’ amidst competition heat-up

USA - Domino’s Pizza Inc, the American pizza restaurant chain has stepped up its pizza delivery system with new delivery ‘hotspots’, giving consumers convenience of picking up their products at set-off points. The initiative allows customers to find the pick-up points with the location services on their smartphones, opening new sales opportunities for the company.…

KFC returns to its old supplier Bidvest for chicken supplies after shortage

UK - KFC is returning to its old supplier, Bidvest Logistics, the leading supplier of logistics and supply chain, to resolve the embarrassing chicken shortage that forced the closure of hundreds of outlets last month. BBC news reported that Bidvest has signed a new agreement with KFC UK & Ireland to supply up to 350…

Yum! Brands announces new partnership with KFC and Taco Bell

CHICAGO - Yum! Brands, one of the world’s largest restaurant companies, and Grubhub, have announced a new partnership to drive incremental sales to KFC and Taco Bell restaurants in the U.S. through online ordering for pickup and delivery. YUM also entered into an agreement with Grubhub, the nation’s leading online and mobile takeout food-ordering company,…

KFC to enter Ethiopia with Kaldi’s coffee chain enterprise as franchisee

ETHIOPIA - The company behind Kaldi’s, Ethiopia’s most recognized coffee shop brand, is set to launch the Kentucky Fried Chicken (KFC) franchise in Ethiopia within a year, The Reporter has learnt. Owned by one-time Ethiopian model, Tseday Asrat and Ethiopian Airlines captain, Elias Ketema, KFC Ethiopia is to complement the brands owned by the duo, including Lori-Agro-Industry…

India a stand-out market – Yum! Brands CEO

INDIA - Yum! Brands chief executive Greg Creed called India a stand-out market, while announcing the US restaurant giant’s third-quarter results. “India was a standout market for Pizza Hut with its fifth consecutive quarter of same store sales growth,” Creed said during an investor call. The company owns brands such as Pizza Hut, KFC and…