久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Food chain wants to grow fast

By HE WEI in Shanghai | China Daily | Updated: 2017-02-20 07:53

Food chain wants to grow fast

Micky Pant, CEO of Yum China, makes a speech at the opening ceremony of Taco Bell's Shanghai restaurant in January. [Photo provided to China Daily]

Led by Micky Pant, Yum China finalizes expansion plan

Even with a track record of setting up nearly 600 restaurants per year in China, and managing around 7,500 KFC, Pizza Hut, Little Sheep and East Dawning stores in the country, Micky Pant, chief executive officer of Yum China Holdings Inc, remains cautiously optimistic about the comeback of Taco Bell, the Mexican-themed chain under the fast-food giant.

Pant, who steers the company behind labels such as KFC and Pizza Hut in China, believes that time is ripe to test diners' appetite for nachos and cheese.

"We choose Lujiazui, the financial hub of Shanghai, to open the first store because it is a combination of travelers, businessmen and the young, making it an ideal place to find out who is attracted to Taco Bell," said Pant.

KFC and Pizza Hut restaurants, found across Chinese cities, had powered parent Yum Brands' local unit's growth for long by fulfilling local consumer demand for a taste of Americana.

With a revenue of $6.75 billion in 2016, Yum China retains the largest market share in the fast-food segment, according to consultancy Euromonitor International.

As domestic competition intensifies and the rising middle class seek healthier and go beyond Western fast food for fine-dining experiences, Yum China is rethinking its China strategy.

It spun off its Chinese entities into a licensee through an initial public offering on the New York Stock Exchange in November 2016. The float plan, according to Pant, will give Yum China the flexibility to react to the fast-changing market, and gain extra momentum for expansion.

The fourth quarter of 2016 alone saw Yum China add 302 new restaurants, accounting for more than half of the 575 new outlets it opened last year; it also posted an operating profit of $75 million, or 17 cents per share, beating analyst expectations.

Pant is known to seize opportunities in a country where development phases vary. Top-tier cities like Shanghai are ideal testing grounds for new brands to get a better reading of the market. And thousands of newly constructed cities would help its massive expansion plan and boost sales.

Pant travels a lot across the country, and is a fan of Chinese food. But he's most impressed by the scale and quality of "world-class" infrastructure like airports, high-speed rail lines and new trade zones, which persuaded Yum China to set up shops in over 1,100 cities.

More importantly, it has set for itself an ambitious goal: 600 new stores per year in the coming five years. "Now we have 7,500 stores in China, but in the United States we have more than double the number of restaurants for one-fourth of the population. So we sense a lot of growth opportunities here," Pant said.

Another strategic priority for Yum China is to deliver positive same-store sales growth. Apart from restaurant remodels, the firm has embraced digital channels for sales and delivery services, and introduced cashless payment methods by teaming up with China's ubiquitous e-wallet service providers Alipay and WeChat Pay.

Taco Bell is enticing customers with coupons on public WeChat accounts, a common practice in digital marketing in China. "Customers here are so well-informed and use cellphones intelligently to decide where to eat and find discount coupons."

Yum is also investing heavily in logistics like courier services. It runs the largest food delivery business in the sector and hosts 20,000 delivery drivers in China.

Small wonder, 17 percent of the firm's sales went through mobile payments, and delivery accounted for 10 percent of its business.

Meanwhile, competitors have been quick to wrest market share by meeting consumer demand for fresher and healthier food in Asian flavors. According to market research firm Mintel, tangbao (steamed dumplings), Japanese noodles and steamed-rice meals are quickly gaining momentum in China.

To fend off competition, Pant is leading the team to improve food offerings to make them contemporary and nutritious. For instance, KFC in China has the most dishes on menu across the world, serving congee breakfast and including a lot of vegetable and rice dishes.

The new Taco Bell store in Shanghai features an open-concept kitchen that puts its ingredients and food preparation processes in full view of the diners.

"For all the challenges, you can look at them as opportunities. Our biggest challenge is how fast can we grow here," Pant said.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    无码人妻精品一区二区蜜桃网站| 男生操女生视频在线观看| 成人亚洲精品777777大片| 久久免费一级片| 国产情侣av自拍| 成年丰满熟妇午夜免费视频| 午夜视频你懂的| 日本a视频在线观看| 精品国产乱码久久久久久1区二区| 国产亚洲综合视频| 国产精品啪啪啪视频| 久草综合在线观看| 青青草成人免费在线视频| 三级黄色片播放| 国产情侣av自拍| 久久精品视频16| 可以免费看的黄色网址| 亚洲精品20p| av无码精品一区二区三区| 蜜臀精品一区二区| 8x8x华人在线| 图片区乱熟图片区亚洲| 亚洲精品高清无码视频| 日韩少妇内射免费播放| 男人添女荫道口喷水视频| 手机福利在线视频| 亚洲男人天堂av在线| 免费观看成人在线视频| 国产性xxxx18免费观看视频| 无颜之月在线看| 91视频福利网| 国产xxxxhd| 手机在线免费观看毛片| 国产亚洲天堂网| 日本欧美黄色片| 99色这里只有精品| 日韩 欧美 视频| 97免费视频观看| 日韩极品视频在线观看| 91免费国产精品| 激情五月婷婷六月| 黄色片免费在线观看视频| 超碰10000| 成人黄色片免费| 黄色一级大片免费| 成人短视频在线观看免费| 4444在线观看| 国产黄色激情视频| 777av视频| 97国产精东麻豆人妻电影| 欧美日韩国产精品激情在线播放| 久色视频在线播放| 日本日本19xxxⅹhd乱影响| 国产男女无遮挡| 少妇激情一区二区三区| 香港日本韩国三级网站| 亚洲欧美自拍另类日韩| 亚洲高清在线不卡| 精品国产乱码久久久久久1区二区 91网址在线观看精品 | 亚洲少妇久久久| 天堂网在线免费观看| 国产成人美女视频| 日本中文字幕在线不卡| 日韩精品福利片午夜免费观看| 国产 欧美 日本| 欧美日韩在线一| 日韩福利视频在线| 五月天婷婷影视| 欧美另类videos| 午夜免费福利小电影| 丁香婷婷激情网| 日韩精品aaa| 久久亚洲国产成人精品无码区| 国产九九九九九| 91激情视频在线| 熟妇熟女乱妇乱女网站| 精品成在人线av无码免费看| www黄色av| 看看黄色一级片| 久艹在线免费观看| 精品久久久噜噜噜噜久久图片| 在线观看av网页| 一本色道久久88亚洲精品综合| 亚洲熟妇av日韩熟妇在线| www日韩视频| 特大黑人娇小亚洲女mp4| av网站在线观看不卡| mm131国产精品| 精品久久久久久无码中文野结衣| 日本在线视频www| 先锋影音男人资源| 熟女少妇在线视频播放| 制服丝袜中文字幕第一页 | 91高清国产视频| 肉大捧一出免费观看网站在线播放 | 美女在线视频一区二区| 国产原创中文在线观看| wwwxxx黄色片| 精品久久免费观看| 精品99在线视频| 91免费视频黄| 久久久精品三级| 白白操在线视频| 国产精品一区二区小说| 人体内射精一区二区三区| 日韩肉感妇bbwbbwbbw| 日韩精品视频在线观看视频| 亚洲天堂网一区| 99色这里只有精品| 亚洲第一成肉网| a√天堂在线观看| 秋霞在线一区二区| 欧美一级特黄a| 欧美精品久久久久久久久久久| 亚洲天堂2018av| 日本精品www| 久久亚洲国产成人精品无码区 | 妞干网这里只有精品| www日韩在线观看| a级黄色一级片| 只有这里有精品| 少妇网站在线观看| 成人在线免费在线观看| 小泽玛利亚av在线| 超碰成人在线播放| 欧美一级黄色影院| 九色在线视频观看| 国产精品视频网站在线观看| 亚洲黄色片免费看| 男人添女人下面免费视频| 97超碰青青草| 国产原创popny丨九色| 欧美一级爱爱视频| 精品一区二区成人免费视频 | 国产一区二区三区小说| 精品久久久99| youjizzxxxx18| av天堂永久资源网| 成人在线观看你懂的| 国产性生活免费视频| 一区二区三区一级片| 一道本在线免费视频| 欧美精品无码一区二区三区| 欧美v在线观看| 亚洲熟妇国产熟妇肥婆| 91免费黄视频| 日本xxxxxxxxxx75| r级无码视频在线观看| 亚洲精品久久久久久久蜜桃臀| 日本三日本三级少妇三级66| 永久av免费在线观看| 一级黄色片在线免费观看| 久久久精品高清| 国产成人在线综合| 992tv人人草| a级黄色片网站| 亚洲免费视频播放| 国产日本欧美在线| 色婷婷777777仙踪林| 蜜桃网站在线观看| 亚洲 欧美 综合 另类 中字| 亚洲色欲久久久综合网东京热| 欧美一区二区视频在线播放| 日韩精品在线观看av| 欧美中日韩在线| 男女激情无遮挡| 日本精品免费在线观看| 国产福利一区视频| 亚洲天堂国产视频| 欧美性视频在线播放| 91大学生片黄在线观看| 国产美女在线一区| 免费看的黄色大片| 中文字幕视频在线免费观看| 91精品999| 中国 免费 av| 亚洲熟妇无码一区二区三区导航| 欧美 日韩 国产 高清| 18岁视频在线观看| 色婷婷成人在线| 日本黄色a视频| 999在线观看视频| 丝袜制服一区二区三区| 在线视频观看一区二区| 韩国黄色一级大片| 夜夜添无码一区二区三区| 国产精品无码av无码| 性欧美在线视频| a天堂资源在线观看| 精品国产成人av在线免| 九九热99视频| 高清无码一区二区在线观看吞精| 国内外成人激情视频| 97超碰成人在线| 91黄色在线看| 午夜dv内射一区二区| 一区中文字幕在线观看| 阿v天堂2017| 中文字幕亚洲影院| 玩弄中年熟妇正在播放|