Yum Brands in talks to offload KFC business in Russia

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United Kingdom News News

Company plans to leave the country entirely once it has sold its KFC restaurants and franchise rights

A woman walks past a closed KFC restaurant in a shopping mall in Moscow, Russia on March 21 2022. Picture: REUTERS/MAXIM SHEMETOV

It opened its first KFC restaurant in Russia in 1995 and now has about 1,000 outlets there, nearly all of which are operated by independent owners under licence or franchise agreements.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines