Categories: Latest News

KFC development plan: a new store every 5 hours in 2021!

During a recent investor meeting of KFC’s parent company Yum! Brands, KFC announced its plan to almost triple in size from 25,292 sites to 75,000 – with a new store opening every 5 hours just in 2021!
The brand’s growth comes mostly from international markets, especially emerging ones such as India. The strength of its development lays on attractive unit-level returns which makes its particularly attractive for franchisees and a flexible real estate strategy. In addition, the company has already  tested its plant-based products – Beyond Fired Chicken –  and it is now rolling it out in selected international markets.
Read more on:
fb-connect

Share
Published by
fb-connect
4 years ago

Recent Posts

Sodexo and Lagardère Travel Retail share financial results; companies benefit from sporting events

Sodexo and Lagardère Travel Retail both achieve year-on-year growth, announced within their respective financial announcements.…

5 months ago

Just Pizza & Pasta set to open first UK mainland store

Just Pizza & Pasta set to open first UK mainland store - based in Manchester.…

5 months ago

EL&N debut in India

EL&N have debuted in India.   The British coffee brand have opened their first store…

5 months ago

Starbucks acquire 113 stores from largest UK franchisee

Starbucks have acquired all 113 sites from their franchise partner, taking their UK Company-owned and…

6 months ago

Sphera Franchise Group announces new brand joins portfolio

The Italian brand, Cioccolatitaliani, have become the newest brand operated by the multi-brand franchisee, Sphera.…

6 months ago

Velvet Taco planning first international store in London

Taco brand, Velvet Taco, have announced plans to open their first international store.   The…

6 months ago