YUM Brands to open 400 outlets in China
(Shenzhen Daily)
Updated: 2006-05-22 11:37
YUM Brands Inc., the parent of fast food chains KFC, Taco Bell and Pizza Hut,
plans to open at least 400 restaurants in China, 700 in its international
division, the company's chairman and chief executive said Thursday.
Speaking at the Louisville, Kentucky-based company’s annual shareholder
meeting, CEO David Novak said that building dominant brands in China and
international expansion were among the company’s top growth
strategies.
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