CHINA TOPIX

04/27/2024 08:34:12 pm

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Yum! Brands

Fastfood Giant Cuts Its Profit Forecast In China After Food Scandal

Yum, Owner of KFC and Pizza Hut, Cuts Profit Forecast in China After Food Scandal

Amid the second food scare in China, Yum Brands, owner of fast food chains Pizza Hut and KFC, has decided to lower its sights and make do with a lower profit forecast for this year.

Walmart

Xinhua: Wal-Mart Store in China Under Investigation Over Food Safety

Chinese regulators are looking into alleged food safety violations at the store in Honghu, Shenzhen.

Yum Brands, McDonald's China Supplier Shut Down, Faces Investigation

OSI Group, the Illinois-based owner of Shanghai Husi Food, has confirmed that the Shanghai-based meat supplier of Yum Brands and McDonald's in China is under investigation.

KFC China

KFC Revamps Stores In China, Adds Modern Perks

KFC China plans to remodel its 130 restaurants across the country to cater to diners' taste.

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