The 73-year-old brand’s focus on bone-in chicken — like its iconic red-and-white-striped bucket of fried drumsticks — has left it flailing among younger customers, who are obsessed with boneless white meat
Yum! Brands, the American owner of popular food chains KFC and Pizza Hut, is in talks to facilitate the merger of its two franchisee partners in India, Devyani International and Sapphire Foods, The Economic Times reported.
Fast food giant KFC recently unveiled a limited-edition fried chicken-flavoured toothpaste, developed in partnership with Australian oral care brand Hismile. The unconventional product was inspired by the brand’s iconic recipe of 11 herbs and spices and promised an “irresistible” experience.
The food chain launched by Colonel Harland Sanders and his secret blend of 11 herbs and spices, will be based in Plano, Texas, and about 100 KFC corporate employees will be relocated in the next six months, said Yum Brands, which owns KFC, Taco Bell and Pizza Hut.
Sapphire Foods shares jumped over 12 percent, reaching a record high, fueled by heavy trading volumes and a significant transaction involving 8.5 lakh shares at Rs 355 per share.
The AI wave is set to hit popular fast food chains like KFC, Pizza Hut. Yum Brands has big plans of integrating AI across its operations.
25-year-old Callum Feehan brought a meal from a KFC outlet located on Canterbury Street in Gillingham and after returning home, opened the packet and ate the chips.
'It is the duty of the seller to ensure that the food is in a deliverable condition and the seller cannot ask the consumers to bear the expenses,' the petitioner, a law student and Zomato customer said.
The incident took place on the BA252 flight that took off from Turks and Caicos - a British Overseas Territory close to the Bahamas - and arrived in London after an air journey of 12 hours.
Companies say inflation has normalised on a high base across most inputs, including chicken, oil, wheat and packaging, but not dairy.
We remain bullish on the long-term growth prospects of the company, given the relative under-penetration of both the brands (KFC and Pizza Hut) in India.
The books for the deal, a dual listing in Abu Dhabi and Riyadh, are multiple times covered and orders below 2.62 dirhams or 2.68 riyals per share risk not being allocated, according to the terms. At that price the company would have a market capitalization of $6 billion.
Edelweiss Securities has upgraded its rating the KFC and Pizza Hut operator to 'buy’ from ‘hold’ with a target price of Rs 233
Meerab, from Lahore, moonlights as a rider for fast-food chain KFC while pursuing her undergraduate degree in fashion design.
The block deal, worth Rs 280 crore, is expected to be on the counter, the persons privy to the development told the news channel.
Sri Lanka has been going through its worst financial crisis and citizens of the island nation are struggling to secure common supplies such as fuel, food products and medicine.
The company that runs KFC and Pizza Hut in India may take on two more brands as is gears up to be a restaurant operator platform.
Dubbing the fast-food chain's decision "crazy", centre-left leader Anthony Albanese quipped the situation had become a national "crisis".
One of the fastest growing QSRs in India, Devyani International is reaping the benefits of restructuring of business model, leading to the company posting a profit in FY22 after a long gap. Should you invest? Watch the video to find out
SFIL has aggressive store expansion plans and can scale up margins significantly as borne out by its Q3. This is seen as a key re-rating trigger
After Hyundai, KFC has been facing massive backlash online after its Pakistan unit shared a post on Kashmir.
Sapphire Foods had a decent listing on the bourses last week. MC Pro expects to see improvement in margins and expects SFL to turn profitable in FY23. Here's why investors with a long-term view should add SFL shares to their portfolio.
The listing plans of Devyani International were first reported by Moneycontrol on February 19, 2021. The firm, which is likely to list on 16th August, 2021 is an arm of diversified conglomerate RJ Corp, the largest bottler for Pepsi Co in India and it also counts Yum! Brands, the second-largest QSR (quick-service restaurant) company in the world, and Singapore’s Temasek as investors.
KFC India, which opened around 30 new restaurants last year during the peak of the COVID-19-induced disruptions, is looking at adding new outlets this year too as it looks to enhance access of the brand to its consumers.
The Kentucky-based firm has also revealed that this chicken chamber would keep its components hot and ready for consumption during intense gaming sessions.