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	<title>ChinaRetailNews.com &#187; Yum</title>
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	<link>http://www.chinaretailnews.com</link>
	<description>Business Intelligence on Retailing, Franchising, and Consumerism in China</description>
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		<title>Yum, Sinopec Team For Restaurant Development Along China&#039;s Roadways</title>
		<link>http://www.chinaretailnews.com/2011/11/28/5268-yum-sinopec-team-for-restaurant-development-along-chinas-roadways/</link>
		<comments>http://www.chinaretailnews.com/2011/11/28/5268-yum-sinopec-team-for-restaurant-development-along-chinas-roadways/#comments</comments>
		<pubDate>Mon, 28 Nov 2011 06:31:04 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[auto]]></category>
		<category><![CDATA[automobile]]></category>
		<category><![CDATA[car]]></category>
		<category><![CDATA[Chai Zhiming]]></category>
		<category><![CDATA[East Dawning]]></category>
		<category><![CDATA[fast food]]></category>
		<category><![CDATA[franchise]]></category>
		<category><![CDATA[gas station]]></category>
		<category><![CDATA[KFC]]></category>
		<category><![CDATA[petrol station]]></category>
		<category><![CDATA[Pizza Hut]]></category>
		<category><![CDATA[Sinopec]]></category>
		<category><![CDATA[Yum]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=5268</guid>
		<description><![CDATA[Sinopec Group, the Chinese petroleum and petrochemical enterprise group, and Yum Brands Inc., the parent company of KFC, Pizza Hut and many other well-know food brands, have signed a nationwide framework agreement for the joint development of restaurants in China. Under the cooperating agreement, Yum will open restaurants under the brands of KFC, Pizza Hut, [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Yum Profit Down 3.9% In China As Company Plans Menu Price Increase</title>
		<link>http://www.chinaretailnews.com/2011/10/12/5170-yum-profit-down-3-9-in-china-as-company-plans-menu-price-increase/</link>
		<comments>http://www.chinaretailnews.com/2011/10/12/5170-yum-profit-down-3-9-in-china-as-company-plans-menu-price-increase/#comments</comments>
		<pubDate>Wed, 12 Oct 2011 00:52:08 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[KFC]]></category>
		<category><![CDATA[Pizza Hut]]></category>
		<category><![CDATA[Yum]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=5170</guid>
		<description><![CDATA[The international food and beverage group Yum! Brands Inc. has published its performance results for the third fiscal quarter of 2011, stating that its profit increased by 7.3% during the reporting period. However, the food and beverage giant reported a 3.9% profit rate decline to 21.3% in China and it predicted the profit rate will [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Pizza Hut&#039;s 500th Chinese Restaurant Opened In Lanzhou</title>
		<link>http://www.chinaretailnews.com/2011/01/04/4138-pizza-huts-500th-chinese-restaurant-opened-in-lanzhou/</link>
		<comments>http://www.chinaretailnews.com/2011/01/04/4138-pizza-huts-500th-chinese-restaurant-opened-in-lanzhou/#comments</comments>
		<pubDate>Mon, 03 Jan 2011 18:12:46 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[East Dawning]]></category>
		<category><![CDATA[franchise]]></category>
		<category><![CDATA[Gansu]]></category>
		<category><![CDATA[KFC]]></category>
		<category><![CDATA[Lanzhou]]></category>
		<category><![CDATA[pizza]]></category>
		<category><![CDATA[Pizza Hut]]></category>
		<category><![CDATA[Yum]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=4138</guid>
		<description><![CDATA[The chain pizza restaurant Pizza Hut has announced that its 500th pizza restaurant in China has opened in Lanzhou, capital of Gansu province. According to Zhu Zongyi, president for the China business department of Yum Brands, parent company of Pizza Hut, over the next two years Yum plans to invest CNY30 million in Lanzhou. Zhu [...]]]></description>
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		<title>Spanish Pizza Company, Christine Create JV In China</title>
		<link>http://www.chinaretailnews.com/2010/09/30/3845-spanish-pizza-company-christine-create-jv-in-china/</link>
		<comments>http://www.chinaretailnews.com/2010/09/30/3845-spanish-pizza-company-christine-create-jv-in-china/#comments</comments>
		<pubDate>Wed, 29 Sep 2010 18:43:01 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[Christine]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[joint venture]]></category>
		<category><![CDATA[JV]]></category>
		<category><![CDATA[online shopping]]></category>
		<category><![CDATA[Oriental Pearl]]></category>
		<category><![CDATA[Papa John's]]></category>
		<category><![CDATA[pizza]]></category>
		<category><![CDATA[Pizza Hut]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[Shanghai World Expo]]></category>
		<category><![CDATA[Spain]]></category>
		<category><![CDATA[Spanish]]></category>
		<category><![CDATA[Telepizza]]></category>
		<category><![CDATA[Xujiahui]]></category>
		<category><![CDATA[Yum]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=3845</guid>
		<description><![CDATA[Spanish pizza giant Telepizza and the bakery chain Christine have signed a letter of intent to set up a joint venture for their expansion in the Chinese market, with each party owning a 50% stake. This is reportedly Telepizza's first joint venture in Asia. The official files from Telepizza show that the company has over [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>American Fast Food Giant Eyes Higher Chinese Wages</title>
		<link>http://www.chinaretailnews.com/2010/07/21/3740-american-fast-food-giant-eyes-higher-chinese-wages/</link>
		<comments>http://www.chinaretailnews.com/2010/07/21/3740-american-fast-food-giant-eyes-higher-chinese-wages/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 22:41:33 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[employee]]></category>
		<category><![CDATA[human resources]]></category>
		<category><![CDATA[KFC]]></category>
		<category><![CDATA[Pizza Hut]]></category>
		<category><![CDATA[salary]]></category>
		<category><![CDATA[wage]]></category>
		<category><![CDATA[Yum]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=3740</guid>
		<description><![CDATA[U.S. fast food giant Yum Brands Inc. reported recently that its labor and commodity costs in China were likely to increase in the second half of 2010. According a senior company executive, in the first half of 2010 the company's labor costs increased by USD12 million, and they may increase again by USD32 million in [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Little Sheep COO Resigns</title>
		<link>http://www.chinaretailnews.com/2009/12/07/3192-little-sheep-coo-resigns/</link>
		<comments>http://www.chinaretailnews.com/2009/12/07/3192-little-sheep-coo-resigns/#comments</comments>
		<pubDate>Sun, 06 Dec 2009 19:30:18 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[KFC]]></category>
		<category><![CDATA[Little Sheep]]></category>
		<category><![CDATA[Pizza Hut]]></category>
		<category><![CDATA[PwC]]></category>
		<category><![CDATA[resignation]]></category>
		<category><![CDATA[Yang Yaoqiang]]></category>
		<category><![CDATA[Yum]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=3192</guid>
		<description><![CDATA[Chinese hot pot restaurant chain Little Sheep has announced that its chief operating officer, Yang Yaoqiang, has resigned from the post of executive director and COO for personal reasons. After his resignation, which is effective from December 31, 2009, Yang, will continue to act as a consultant to Little Sheep for three months. Having worked [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Yum! Aims To Buy Additional Stake In Little Sheep</title>
		<link>http://www.chinaretailnews.com/2009/11/02/3098-yum-aims-to-buy-additional-stake-in-little-sheep/</link>
		<comments>http://www.chinaretailnews.com/2009/11/02/3098-yum-aims-to-buy-additional-stake-in-little-sheep/#comments</comments>
		<pubDate>Sun, 01 Nov 2009 19:30:47 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[3i Group]]></category>
		<category><![CDATA[brand]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[equity]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[hot pot]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Little Sheep]]></category>
		<category><![CDATA[Macau]]></category>
		<category><![CDATA[Prax Capital Fund]]></category>
		<category><![CDATA[share]]></category>
		<category><![CDATA[Yum]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=3098</guid>
		<description><![CDATA[The international food and beverage giant Yum! Brands plans to acquire an additional 7.3% stake in the Chinese hot pot restaurant chain Little Sheep after taking a stake of over 20% in the company earlier this year. According to a report published by Little Sheep, Yum! has made provisional plans to buy 75,042,456 shares at [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>McDonald&#039;s Launches 24-hour Delivery Service In China</title>
		<link>http://www.chinaretailnews.com/2009/05/21/2673-mcdonalds-launches-24-hour-delivery-service-in-china/</link>
		<comments>http://www.chinaretailnews.com/2009/05/21/2673-mcdonalds-launches-24-hour-delivery-service-in-china/#comments</comments>
		<pubDate>Wed, 20 May 2009 19:29:21 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[delivery]]></category>
		<category><![CDATA[fast food]]></category>
		<category><![CDATA[Guangzhou]]></category>
		<category><![CDATA[ice cream]]></category>
		<category><![CDATA[KFC]]></category>
		<category><![CDATA[McDonald's]]></category>
		<category><![CDATA[Nanjing]]></category>
		<category><![CDATA[shenzhen]]></category>
		<category><![CDATA[Tianjin]]></category>
		<category><![CDATA[Wuhan]]></category>
		<category><![CDATA[Yum]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=2673</guid>
		<description><![CDATA[The international fast food giant McDonald's has announced that following a one year trial in Shanghai, it will launch its 24-hour delivery service in Beijing, Guangzhou, and Shenzhen. In addition, the company will start to develop this service in other Chinese cities including Wuhan, Nanjing, and Tianjin. McDonald's has promised that each delivery will be [...]]]></description>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Yum Plans To Acquire 19.99% Stake In Little Sheep</title>
		<link>http://www.chinaretailnews.com/2009/03/26/2475-yum-plans-to-acquire-1999-stake-in-little-sheep/</link>
		<comments>http://www.chinaretailnews.com/2009/03/26/2475-yum-plans-to-acquire-1999-stake-in-little-sheep/#comments</comments>
		<pubDate>Wed, 25 Mar 2009 19:30:58 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[3i Group Prax Capital Fund]]></category>
		<category><![CDATA[equity]]></category>
		<category><![CDATA[hotpot]]></category>
		<category><![CDATA[KFC]]></category>
		<category><![CDATA[Little Sheep]]></category>
		<category><![CDATA[Pizza Hut]]></category>
		<category><![CDATA[Taco bell]]></category>
		<category><![CDATA[USA]]></category>
		<category><![CDATA[Yum]]></category>
		<category><![CDATA[Zhang Gang]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=2475</guid>
		<description><![CDATA[According to the Hong Kong-listed Chinese hotpot restaurant chain Little Sheep, the American restaurant group Yum plans to invest HKD493 million to acquire a 19.99% stake in Little Sheep. Yum, the owner of restaurant brands such as Taco Bell, Pizza Hut, and KFC, will become the second largest shareholder of Little Sheep after the transaction [...]]]></description>
		<wfw:commentRss>http://www.chinaretailnews.com/2009/03/26/2475-yum-plans-to-acquire-1999-stake-in-little-sheep/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Yum To Open 500 New Restaurants In China In 2009</title>
		<link>http://www.chinaretailnews.com/2008/12/17/1973-yum-to-open-500-new-restaurants-in-china-in-2009/</link>
		<comments>http://www.chinaretailnews.com/2008/12/17/1973-yum-to-open-500-new-restaurants-in-china-in-2009/#comments</comments>
		<pubDate>Tue, 16 Dec 2008 19:31:17 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[fast food]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[KFC]]></category>
		<category><![CDATA[Pizza Hut]]></category>
		<category><![CDATA[restaurant]]></category>
		<category><![CDATA[Reuters]]></category>
		<category><![CDATA[Taco bell]]></category>
		<category><![CDATA[Yum]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=1973</guid>
		<description><![CDATA[According to a report from Reuters, the restaurant giant Yum is still optimistic about the prospects for China's catering industry and the group plans to open 500 new restaurants in China in 2009 with profit growth targets of 15% to 20%, despite the global slowdown. As one of the world's largest restaurant chain groups, Yum [...]]]></description>
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