American Fast Food Giant Eyes Higher Chinese Wages
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.
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.
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.
British retailer Tesco will open Lifespace Mall Qingdao, the largest supermarket development in the city, on December 19, 2009.
The Guangdong-based department store retailer Jusco, a subsidiary of the Japanese retail giant Aeon, has accelerated its expansion in the Chinese market with a new project in Popark, Guangzhou.
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.
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…
Yum! Restaurants China, the brand owner of fast food restaurants KFC and Pizza Hut, says that in the coming year both KFC and Pizza Hut will give priority in hiring job seekers from the earthquake…
According to foreign media sources, Yum!, the owner of KFC and Pizza Hut, is planning its expansion in China, and the group plans to open 425 new chain restaurants in China in 2008 and China…
Yum! Restaurants China, which manages KFC, Taco Bell, and Pizza Hut, has formally released its food safety white book.
Yum! Brands announced that Sam Su, has been appointed to the company's board of directors as vice chairman, while also maintaining his position as president of the China division.