Monday, May 31, 2021

KFC puts up a new facade. Lots of 'em.

 

Madison WI location on Mineral Point Road

Photo by Retiring Guy

To give an idea of the scale of KFC’s growth over the past year and potential moving forward, the quick-service chain plans to almost triple in size from 25,292 to 75,000, with a new store opening every five hours in 2021. Over the last two quarters alone, the company has opened 700 units. The strength of this growth projection is aided by “attractive unit-level returns for franchisees, a flexible real estate strategy” and opportunities in emerging markets globally, including Africa, Russia, the Middle East, and India, according to analysis from Baird Equity Research.

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