Home United States USA — China Taco Bell Bets Big on China, Unveiling First of 1,000 Locations to...

Taco Bell Bets Big on China, Unveiling First of 1,000 Locations to Come

468
0
SHARE

NewsHubTaco Bell has entered a brave new world: China. The Doritos Locos taco inventor just unveiled a new store in Shanghai and plans to have 1,000 restaurants operating in the country by 2022, according to the Wall Street Journal.
This new push is a leap of faith for Yum China , which also oversees the KFC and Pizza Hut brands in the country. Yum previously operated a handful of concepts in China under the name Taco Bell Grande, but all closed by 2008. The menu at this new Taco Bell is different from the one fans in America are used to, with some of the well-known favorites getting “adapted to local tastes. ” Diners in China can expect to see some new sauces (like spicy Sriracha) alongside items like a shrimp and avocado burrito, spicy fried chicken, and Mexican fries.
This is the first step of a larger expansion plan from Yum China to add to its presence in China. The move comes as fellow fast-food giant McDonald’s is in the midst of selling off portions of its business in China, as part of a larger overhaul that will cut back on company-owned restaurants and increase franchised locations. (The Golden Arches still has major expansion plans there, though, with plans for 1,500 new China and Hong Kong restaurants over the next several years.)

Similarity rank: 0
Sentiment rank: 3