California dreaming: Restaurant Brands plans KFC expansion

California dreaming: Restaurant Brands plans KFC expansion
Rebecca Stevenson
In Australia there are about 700 KFC stores. In Southern California - which has a bigger population - Restaurant Brands chief executive Russel Creedy says there are about 200 of the Colonel’s outlets.The company operates KFC, Pizza Hut, Taco Bell and Carl’s Jr brands and has more than 290 stores in New Zealand, Hawaii and Australia.It's in the US where Creedy sees the listed company’s next market mission. It has all the elements he likes; under-penetration of stores, the state has the fifth biggest economy in the worl...

More Retail

Star on a losing streak, but what about SkyCity?
Retail

Star on a losing streak, but what about SkyCity?

Australasian casinos are disproving the idea that the house always wins.

Dileepa Fonseka 14 Jan 2025
Hospitality spending hit hardest in 2024
Retail

Hospitality spending hit hardest in 2024

Core retail spending grew at the slowest rate in five years.

Gregor Thompson 13 Jan 2025
Spotlight profits bounced back in 2024
Retail

Spotlight profits bounced back in 2024

The home goods store reported a 64.5% uptick in profits for 2024.

Gregor Thompson 13 Jan 2025
Briscoe Group downgrades FY guidance after slow December
Retail

Briscoe Group downgrades FY guidance after slow December

The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.

Gregor Thompson 10 Jan 2025