KFC India sells 13 restaurant stores to franchise partner Devyani

INDIA – KFC India, fast food restaurant chain owned by American Yum! Brands, is re-strategizing and has sold an additional 13 restaurants to Devyani International, its largest franchise partner, which is promoted by Ravi Jaipuria’s […]

Zimbabwe’s fast food and retail operators re-open as the economy improves

ZIMBABWE – Zimbabwe’s fast food chains and retail operators have reopened their stores after closing down on difficult trading and economic conditions that rocked the country in the recent past. Among them KFC (Kentucky Fried […]

Yum Brands income jumps 8.6% powered by more Taco Bell and KFC diners

USA – American fast food company Yum! Brands has posted strong quarterly performance with 8.6% rise in net income to US$454 million from $418 million in the comparable period last year. The company results indicated […]

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. […]

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 […]

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 […]