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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Mar- 2024 -1 MarchNews
Today’s news in brief – 01/03/24
Neapolitan pizza parlour, Motherdough, opened its first restaurant at London Dock, Wapping. Following on from his most recent success of independent brunch café BOBO & WILD – with locations in Shoreditch Park, Clapham Common and South Woodford – Motherdough’s creator Farkhod Najmetdinov is well-versed in creating fresh and exciting F&B…
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1 MarchFood and Drink
KFC UK&I launches first nutrition progress update
KFC UK&I has unveiled its first ever nutrition progress update, which tracks the progress it has made on nutrition across its menu and aims to increase transparency for consumers and wider industry. The update has outlined KFC’s steps on its nutrition journey, which included reformulating its fries by removing around…
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Feb- 2024 -9 FebruaryNews
Today’s news in brief – 09/02/24
Yum Brands total Q4 revenues rose 1% to $2.03bn (£1.6bn), as net incomes rose 24% to $463m (£367.3m) during the period ending December 2023. The news comes as the group’s global operations of KFC, Pizza Hut and Taco Bell saw a 5% rise in sales – driven by a 6%…
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9 FebruaryFood and Drink
Yum Brands Q4 revenues hit $2.03bn
Yum Brands, the operator of KFC, Pizza Hut and Taco Bell, has reported that total revenues rose 1% to $2.03bn (£1.6bn) by the end of Q4, as net incomes rose 24% to $463m (£367.3m) during the period ending December 2023. The news comes as the group’s global operations saw a…
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Dec- 2023 -6 DecemberNews
Today’s news in brief – 06/12/23
SSP reported a 38% rise in revenues to £3bn and doubled its EBITDA during FY23. This success was fueled by revenue growth and profit conversion, with a notable 25% H2 revenues increase on a constant currency basis. While North America, APAC, and EMEA regions contributed strongly, the UK and Europe…
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6 DecemberNews
EG Group to sell 218 KFC franchise restaurants
EG Group has announced that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’ KFC Division. The transaction agreed by EG Group – the largest KFC franchisee in the UK and Ireland – is an additional…
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Nov- 2023 -3 NovemberNews
Today’s news in brief – 03/11/23
Starbucks revenues increased 11% to $35.9bn for the full year ended 1 October, as global comparable store sales increased by 8%. The company’s operating income for the full year increased by 27% to $5.8bn compared with $4.6bn in 2022. In Q4, net revenues for the international segment grew by 11%.…
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3 NovemberFood and Drink
KFC owner net revenues rise 26% in Q3
Yum! Brands, the owner of KFC, has revealed that net incomes increased 26% to $416m (£340m) for Q3 ended 30 September, as total revenues rose by 4% to $1.71bn (£1.4bn). This comes as KFC contributed 13% to the overall global sales growth, followed by 11% by Taco Bell and 4%…
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Oct- 2023 -16 OctoberNews
Today’s news in brief – 16/10/23
Loungers reported H1 total revenues of £149.6m, marking a 22.3% increase from the previous year. They achieved one-year like-for-like sales growth of 7.7% over the 24 weeks ending 1 October, showing an acceleration from the 5.7% growth reported for the 12 weeks ending 9 July. The company opened 16 new…
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16 OctoberRestaurants
Creams Cafe appoints new COO
Creams Cafe has announced the appointment of Oliver Rodbard as its new chief operating officer, as the company heads for international expansion. Rodbard brings over 16 years of experience gleaned in the food and hospitality industry within franchise models. He joins Creams Cafe from Soul Foods Group, a global franchisee…
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