KFC China Opens Store No. 10,000
The store, based in Hangzhou, marks a milestone in KFC China’s 36-year history in the country.
Yum China Holdings on Friday celebrated the opening of KFC China’s 10,000th store, marking a milestone in KFC China’s 36-year growth journey in the country.
Situated in Hangzhou, KFC China’s 10,000th store is located on the banks of the Beijing-Hangzhou Grand Canal, a historically important link connecting northern and southern China, the company says in the release. Since opening its first store in Beijing in 1987, KFC has grown into one of the country’s largest QSR brands in terms of system sales.
Looking forward, KFC China says it plans to further accelerate its annual net new store openings to exceed 1,200 in the next three years, with 15% to 20% expected to be franchise stores, aligning with Yum China’s overarching goal to reach 20,000 stores by 2026.
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