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Yum affected by bird flu
While bird flu is spreading wider and wider in China, it has also affected US-based Yum Brands Inc.’s results as its same store sales in the world’s second economy slumped approximately 20 percent in the first quarter ended March 23. However, still the fast-food giant appears to have got off problems lightly as it underlined that the first quarter profit dropped less than initially expected.
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Beefy Break-up. Wendy’s Ending it with Arby’s
While the U.S economy heals slowly and offers by hungry private equity firms tempt an increasing number of restaurant operators to put up all or parts …
