Parent of KFC and Pizza Hut says it's packed and ready to leave Russia

Yum Brands says a deal to transfer its KFC assets to a local operator is almost done.


KFC partners with rapper Jack Harlow for a limited-edition meal

The chicken chain joins the wave to tie celebrities into menu promotions.

Despite challenges with omicron, China and Russia’s invasion of the Ukraine, McDonald’s, Burger King, Taco Bell and other brands have seen strong growth in global markets.

The pizza chain’s domestic same-store sales fell 6% and executives blamed a shortage of delivery drivers. Taco Bell and KFC sales both increased.

SOC Investment Group wants other shareholders to vote against a pay package for the KFC owner’s top executives, citing one-time awards based on unit count growth.

Check out the new ad from the chicken chain’s new creative lead agency MullenLowe, “Finger Lickin’ Good.”

KFC owner Yum Brands is also pausing development and assessing its options in the country as restaurants join other businesses in reacting to the invasion of Ukraine.

The chain lost its status as the country’s biggest chicken concept. But eight years of same-store sales growth, new remodels and an improved outlook has the company looking forward.

The advertising and marketing firm, based in Boston, will become its lead agency of record, effective immediately.

A huge percentage of the business at major quick-service restaurants, including McDonald’s, Starbucks and KFC, is coming through apps, delivery and kiosks.

  • Page 4