KFC owner in talks to sell Russian restaurants

Another Yum! Brands product, Pizza Hut, has already been sold to a Russian operator.

On the “Yum! Brands” (USA) there was information that the management intends to leave the Russian market, and before that, sell Russian restaurants of the KFC chain to a local operator.

The message says that “Yum!” is negotiating the transfer of ownership, including franchised restaurants, franchise and operating system.

It is also known that already in June “Yum! Brands” awarded the rights to Pizza Hut to the new owner, including all franchising assets.

At the moment, a Russian company is rebranding and recruiting employees.

It is known that the number of Russian restaurants of the brand reaches about fifty establishments.

As for KFC, the number of outlets is about 1,100.

The company has already reported that they are suspending investment programs in Russia due to SVO in Ukraine, and part of the profit from sales on its territory will be directed to help refugees, reports “Profil”.

Topnews wrote that on March 9, the company announced the closure of 70 KFC restaurants in Russia.

Join our VK group to keep abreast of events in Russia and the world

Источник topnews.ru

Leave a Reply

Your email address will not be published. Required fields are marked *