KFC TO OPEN 300 STORES IN CHINA EACH YEAR
AsiaInfo Services, May, 2007
AsiaInfo Services 05-16-2007 KFC to Open 300 Stores in China Each Year BEIJING, May 16, 2007 (SinoCast via COMTEX) -- KFC (Kentucky Fried Chicken), one of the world's largest fast food restaurant chains, owns and operates more than 1,700 KFC-branded stores in China currently. The US-based fast food giant plans to open at least 300 stores in the country each year in the future, said a senior KFC executive at a press conference held to celebrate the 20th anniversary ceremony of KFC's entry into the Chinese market in the country's largest municipality Chongqing days ago. In that case, the company's stores in China are expected to hit 2,000 by the year-end of 2007. Large-scale celebration activity, which is expected to last for half a year, will take place in 16 key...
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