KFC
Coverage focuses on the UK strategy and performance of one of the world’s largest quick-service restaurant brands. Reporting includes franchise expansion, store refits with digital ordering and kiosk tech, menu development including meat-free trials, and partnerships with delivery platforms such as Deliveroo and Just Eat. Insight also covers pricing strategy, drive-thru growth, high street and retail park positioning, and supply chain initiatives, offering a lens into scalable, high-volume operational models in the QSR sector.
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Nov- 2024 -12 NovemberCafes and Coffee Shops
Paul UK unveils new franchise partner
French bakery and café chain Paul UK has announced Zaf Holdings Limited (ZHL) as its newest franchise partner in the UK. ZHL will open 10 stores over the next five years, bringing the Paul brand to key locations in the Southeast of England. The first store is targeted to open…
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5 NovemberNews-In-Brief
Today’s news in brief – 05/11/24
UKH has coordinated a letter with other industry groups warning against Xmas tube strikes, which could cost hospitality businesses up to 70% of daily sales. As a result of the negotiation, Transport for London has abandoned its proposed changes to pay structures meaning all RMT members will receive the same…
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5 NovemberRestaurants
KFC to hire 700 permanent staff ahead of Christmas
KFC has announced plans to recruit over 700 new permanent staff to join the UK and Ireland’s leading chicken brand ahead of Christmas. Open to anyone eligible to work in the UK and Ireland, KFC is offering both part-time and full-time permanent roles at restaurants across the country – from…
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Oct- 2024 -21 OctoberNews-In-Brief
Today’s news in brief – 21/10/24
The UK’s top 100 restaurant groups saw profits dip to £244.1m in 2024 from £246.5m, according to new research by UHY Hacker Young. The firm has called this dip in profits a “creditable performance” considering the challenges the sector has faced from the cost-of-living crisis and years of losses the…
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21 OctoberBusiness
170 hospitality bosses call for business rates action ahead of Budget
170 hospitality leaders have backed UKHospitality’s call for a lower level of business rates for the sector ahead of the Labour party’s first Budget at the end of the month. In an open letter to the chancellor, the CEOs of Britain’s most well-known and biggest pub groups such as Fuller’s,…
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Aug- 2024 -7 AugustNews
Today’s news in brief – 07/08/24
Yum Brands has reported a 4% revenue rise to $1.7bn (£1.3bn) in Q2. The owner of KFC, Taco Bell, Pizza Hut and Habit Burger Grill saw company-wide sales grow 3%, as it opened 598 new restaurants across 57 countries during the period. KFC revenues increased 5% to $717m (£563m) in…
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7 AugustNews
Yum Brands revenue hits $1.7bn in Q2
Yum Brands, which owns KFC, Taco Bell, Pizza Hut and Habit Burger Grill, has reported a 4% revenue growth to $1.7bn (£1.3bn) for the second quarter ended 30 June 2024. Worldwide system sales grew 3% including a 1% same-store sales decline. GAAP operating profit for the group increased 6% to…
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Jun- 2024 -25 JuneBusiness
Tortilla acquires French competitor Fresh Burritos for €3.95m
Tortilla Mexican Grill has announced its strategic acquisition of Fresh Burritos, a France-based European fast-casual Mexican restaurant, for a total of €3.95m (£3.34m). The deal has been funded from the group’s existing debt facilities and is expected to contribute £2.5m of additional annual adjusted EBITDA at 24 months maturity. It…
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May- 2024 -3 MayNews
Today’s news in brief – 03/05/24
Yum! Brands reported a 3% decline in revenue to $1.5bn (£1.1bn) for Q1. Operating profit for the group also declined by 1% to $520m (£414m), while core operating profit grew 6%. KFC revenues declined by 8% to $632m (£503m), while sales for the division declined 4% to $105m (£83m). Nightcap…
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3 MayFood and Drink
Yum! Brands revenues dip 3% to $1.5bn in Q1
Yum! Brands, which operates KFC, Taco Bell and Pizza Hut, reported a 3% decline in revenue to $1.5bn (£1.1bn) for the first quarter ended 31 March. Operating profit for the group also declined by 1% to $520m (£414m), while core operating profit grew 6%. KFC revenues declined by 8% to…
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