China
KFC, Pizza Hut sales in China down 4% in 2020
KFC, Pizza Hut sales in China down 4% in 2020
Yum China said performance was impacted by regional resurgences of COVID-19.
McDonald's to invest US$380m in Chinese coffee market, eyes 4,000 McCafé outlets by 2023
It currently operates more than 3,600 restaurants across the country.
McDonald's China to spend US$14.7m in talent training programme
The fast food giant has partnered with over 40 schools so far.
Luckin Coffee, associated firms fined nearly US$9 million over accounting fraud
The chain was also found to have engaged in anti-competitive practices.
Burger King China franchisee exploring sale: report
Deliberations are at the early stage.
Starbucks China opens store made of shipping containers
The coffee giant has introduced the container outlet model in the U.S. and Taiwan.
Costa Coffee to close more stores in China following strategy adjustment: report
The chain recently announced plans to lay off 1,650 UK-based staff.
Nayuki to ditch plastic straws by end-2020
The chain is also looking to cut down on paper consumption.
Haidilao opens second UK site at The O2
A third location is slated to open by early 2021.
Yum China opens first Taco Bell store in Beijing
This is the chain’s first store in the capital.
Arabica's newest cafes in China slated to open within the month
One of the sites will be in Wuhan.
Yum China's second Hong Kong listing to take place in September
It operates 10,000 restaurants in over 1,400 cities across China.
McDonald's China going ahead with 400 restaurant openings this year
The fast food giant also has plans to reduce their stake in their Japan business.
Yum China celebrates 10,000th store milestone
The company says store targets for this year remain unchanged.
Starbucks China's mobile ordering feature to join four Alibaba apps
The move expects to reach up to nearly one billion users.
Yum China named as retail food sponsor for 2022 Winter Olympics
The company plans to launch a series of Olympic-themed marketing campaigns.
Luckin Coffee shakes up boardroom amidst accounting scandal
Some investors questioned the voting process.
