KFC UK announces expansion plans as store numbers reach 11 000 – Company News

KFC UK announces expansion plans as store numbers reach 11 000 – Company News – Brief Article

Kentucky Fried Chicken UK (KFC) announced today significant expansion plans across the UK as Tricon Restaurants International celebrated the opening of its 11 000 restaurant at the new KFC drive-through in Gateshead, North East England.

System sales in the UK have increased by 17%, combined with an increase of 6.5% in same store sales growth. To support its expansion programme in the UK, KFC will be creating up to 3 000 new jobs over the next 2 years and will open a total of 55 stores by the end of 2002, with plans to open 165 further restaurants by 2005.

Justin Ash, general manager of KFC UK said, “We are delighted that Tricon has chosen a KFC UK restaurant for it’s 11 000 store opening. It symbolises the group’s commitment to the UK market and its confidence in the KFC brand. We are now embarking upon an aggressive expansion and investment programme to build the brand further in the UK.”

Pete Bassi, president of Tricon Restaurants International commented, “KFC UK is one of our strongest, rapidly growing international markets and it has achieved more than five years of double-digit compound growth. Tricon is very proud of KFC UK’s strong performance and is looking forward to their continued development.”

COPYRIGHT 2002 Agra Europe Ltd.

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