https://www.scmp.com/rss/521939/feed Pizza Hut: A global leader in the Food & Beverage sector, specifically Fast Food and Pizza, Pizza Hut specialises in a diverse menu including various pizzas, pasta, chicken wings, and desserts. Headquartered in Plano, Texas, USA, with a UK office in Borehamwood, Hertfordshire, the company operates over 19,000 restaurants in more than 100 countries. They primarily target families, couples, and students, focusing on providing a family-friendly dining experience and catering to a broad customer... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Daniel Ren Daniel Ren For Yum China CEO Joey Wat, success in the mainland’s vast but fierce market does not hinge only on being a local or international fast-food brand. “I personally have huge respect for many local brands,” she said in November. “Chinese players are innovating a lot under the leadership of their founders. We fully understand that this is a cutthroat market.” Wat admitted to being a fan of some mainland restaurant chains whose founders remained pivotal in strategic planning and daily operations.... https://www.scmp.com/business/china-business/article/3341811/chinese-consumers-rapidly-changing-demands-keep-kfc-owner-its-toes?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341811/chinese-consumers-rapidly-changing-demands-keep-kfc-owner-its-toes?utm_source=rss_feed Sat, 07 Feb 2026 03:00:10 +0000 Associated Press Associated Press Pizza Hut plans to close 250 US restaurants in the first half of this year as its parent company considers a sale of the chain. Yum! Brands said on Wednesday it is targeting underperforming Pizza Hut restaurants in its system. Pizza Hut has more than 6,000 locations in the US. The Louisville, Kentucky-based company said in November it was conducting a formal review of options for Pizza Hut, which has struggled with outdated restaurants and growing competition. The chain’s US same-store sales, or... https://www.scmp.com/business/companies/article/3342571/pizza-hut-close-250-us-restaurants-parent-company-considers-selling-brand?utm_source=rss_feed https://www.scmp.com/business/companies/article/3342571/pizza-hut-close-250-us-restaurants-parent-company-considers-selling-brand?utm_source=rss_feed Thu, 05 Feb 2026 20:53:58 +0000 Luna Sun Luna Sun Only a few years ago, the notion that Beyond Meat – the former poster child of the plant-based meat industry – would shut down its operations in China seemed unthinkable. At the height of the brand’s popularity, its label could be found adorning heavily promoted products at restaurants and grocery stores across major cities. Many observers speculated that the alternative meat company and others like it had found the next great success story in the country’s rapidly evolving consumer market. But... https://www.scmp.com/economy/china-economy/article/3335365/why-chinas-consumers-found-hype-around-plant-based-meat-hard-swallow?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3335365/why-chinas-consumers-found-hype-around-plant-based-meat-hard-swallow?utm_source=rss_feed Sat, 06 Dec 2025 11:00:11 +0000 Daniel Ren Daniel Ren Yum China Holdings, operator of KFC and Pizza Hut restaurant chains across mainland China and Hong Kong, plans to ramp up expansion into more lower-tier cities based on its flexible store formats, expecting this push to generate higher returns for the company over the next five years. At the company’s Investor Day conference in Shenzhen on Monday, CEO Joey Wat said Yum China’s total number of outlets would increase to 30,000 by 2030, 76 per cent more than the firm’s estimated 17,000 outlets by... https://www.scmp.com/business/china-business/article/3333117/kfc-pizza-hut-operator-yum-china-pushes-rapid-expansion-lower-tier-mainland-cities?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3333117/kfc-pizza-hut-operator-yum-china-pushes-rapid-expansion-lower-tier-mainland-cities?utm_source=rss_feed Mon, 17 Nov 2025 10:30:09 +0000 Daniel Ren Daniel Ren Yum China Holdings, operator of the KFC and Pizza Hut restaurant brands on the mainland, has raised its target for opening new coffee shops as a cafe culture has spurred consumer spending. The company was expected to operate 1,700 KCoffee cafes across the country by the end of 2025, up from the previous target of 1,500 outlets, according to CEO Joey Wat. “KCoffee Cafes have been effective in driving incremental traffic, sales and profit,” she said at a briefing on Tuesday evening, according to a... https://www.scmp.com/business/china-business/article/3320996/yum-china-raises-target-opening-mainland-coffee-shops-cafe-culture-takes-hold?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3320996/yum-china-raises-target-opening-mainland-coffee-shops-cafe-culture-takes-hold?utm_source=rss_feed Wed, 06 Aug 2025 23:30:07 +0000 Associated Press Associated Press From suspended tables to underwater lounges, many of the roughly 13,000 food and drink establishments in Dubai, in the United Arab Emirates, pull out all the stops to attract customers in one of the world’s most saturated dining markets. They cater to all tastes and budgets. Some spots ladle out inexpensive biryani, while others offer dishes dusted with edible gold. These are some of the ways the emirate is competing with its neighbours, Saudi Arabia and Qatar, for tourist dollars. So far, it is... https://www.scmp.com/lifestyle/food-drink/article/3316803/dubais-dining-scene-bubble-waiting-burst-why-its-expansion-could-come-price?utm_source=rss_feed https://www.scmp.com/lifestyle/food-drink/article/3316803/dubais-dining-scene-bubble-waiting-burst-why-its-expansion-could-come-price?utm_source=rss_feed Fri, 04 Jul 2025 11:15:07 +0000