KFC's China Sales Hit Hard by Bird Flu Outbreak
Yum Brands says a new strain of flu is hurting its KFC sales in China, putting added pressure on its efforts to recover from an earlier controversy over its chicken suppliers.
Yum Brands says a new strain of flu is hurting its KFC sales in China, putting added pressure on its efforts to recover from an earlier controversy over its chicken suppliers.
KFC says it's introducing deep-fried boneless chicken pieces on April 14 as an alternative to its traditional breast, thigh and drumstick pieces.
A 20 percent drop in sales in a key market is usually not good news for investors, but it works this time around for Yum Brands. That's what happened to a key measure of sales in China in the first quarter, but it's not as bad as was feared.
Secret menus. McDonald’s has one. So do Burger King, Subway and most other fast-food chains. These are items that, for various reasons, are not on the regular menu, but can be had if you know what to ask for.
Last week, Florida Atlantic University announced plans to sell its stadium naming rights to GEO Group, a privately-owned prison corporation with an spotty reputation. But it'll hardly be the first time someone put a questionable name on large sports venue.
Yum Brands warned Monday that it expects its profit for the year to decline as the parent company of KFC, Pizza Hut and Taco Bell continues to reel from a controversy over its chicken suppliers in China. A drop in 2013 would snap an 11-year streak of profit growth of at least 13 percent.
Things are getting tastier at Yum! Brands. The company behind Taco Bell, Pizza Hut, and KFC posted strong quarterly results after Tuesday's market close.
If imitation is the sincerest form of culinary flattery, Burger King is praising McDonald's playbook: The Home of the Whopper just rolled out some new menu items last week, and once again, many of them will seem awfully familiar to Mickey D's customers.
McDonald's is showing signs of tarnish on the Golden Arches. Goldman Sachs downgraded its shares due to a slowdown in growth. And with challenges overseas and resurgent competition everywhere, things are unlikely to turn around anytime soon for the world's largest restaurant chain.
The most popular Western-style, fast-food company in China right now is Yum! Brands, which operates Taco Bell, Pizza Hut and KFC. In fact, Yum!'s operations in China dwarf McDonald's -- and looks like it'll repeat the feat in India too.
Taco Bell's new Doritos Locos Taco hit restaurants last week, and it's already getting plenty of publicity -- and mockery. But whether it's a hit or a flop, expect more fast food mash-ups and bold blunders from the big chains.
Between 2002 and 2011, companies spent a whopping $2.5 billion on Super Bowl advertising; this year, a 30-second commercial cost an average of $3.5 million. But what do you get for all that cash. In the case of these eight major advertisers, not as much as they'd hoped.
You'd think that fast-food restaurants -- with their emphasis on value -- would appeal primarily to those at the lower end of the income scale. But according to a new national study, dining at McDonald's and its quick-serving competitors becomes more common as people make more money.
The market wasn't overly impressed with Yum! Brands' quarterly report on Tuesday night. The company that watches over Taco Bell, KFC, and Pizza Hut has seen domestic business fall by 2% to 3% at each of its three chains. But Yum! fared substantially better in China, with its popular KFC scoring a whopping 19% spike in comps.
The Susan G. Komen Foundation's partnerships bring in millions each year for breast cancer research. But one of its partners has brought it an ironic problem: The perfume Promise Me, marketed to benefit the charity, contains a hormone disruptor that studies point to as a contributing cause of breast cancer.














