Financing
A founding partner of KFC Japan exits the business after 54 years
The private-equity group Carlyle has taken the Japanese market for the fast-food chicken chain private in an $835 million deal. Mitsubishi Corp., which helped establish the brand there in 1970, is exiting.
Food
KFC goes portable and poppable to grab the snacking generation
Behind the Menu: Bite-size Apple Pie Poppers, created to target customers' sweet spot, lend themselves to line extensions to expand the chain’s snack selections.