Why KFC still open in Russia?
Why KFC still open in Russia? There will be remnants of KFC within the Russian market, as franchisees have been allowed to keep existing shops open and won't be forced to rebrand those stores if they don't want to. This is similar to how Subway has allowed some operators to stay open in Russia, as those stores are independently owned.
Is Pizza Hut still in Russia?
Brands and KFC have ceased their corporate presence in Russia. Yum! Brands previously announced that it had completed the transfer of ownership of all Pizza Hut franchise assets in Russia to a local operator who initiated the process of re-branding locations to a non-Yum! concept.
Is Pepsi still in Russia?
PepsiCo announced suspending sales and production in Russia back in March 2022.
Is Pizza Hut doing business in Russia?
Brands and KFC have ceased their corporate presence in Russia. Yum! Brands previously announced that it had completed the transfer of ownership of all Pizza Hut franchise assets in Russia to a local operator who initiated the process of re-branding locations to a non-Yum! concept.