South American Pizza Hut franchisee expands

April 7, 2010
At the end of a strong fourth quarter report last week, Brazil Fast Food, the franchisee of Yum! Brands' Pizza Hut and KFC stores in Brazil and Chile, announced a plan to open at least six more Pizza Hut locations in its South American strongholds for 2010.
"We have contractual agreements with Yum! Brands to expand the KFC chain in Brazil and Pizza Hut stores in the metropolitan area of Sao Paulo as well as with Grupo de Empresas Doggis to expand the Bob's and Doggis brands in Chile and Brazil, respectively," said Ricardo Bomeny, president and CEO of Brazil Fast Food. 
The company plans to have 830 points of sale by the end of 2010, up from 673 in 2009. The company expects to add 157 Bob's stores, including two Pizza Hut restaurants and two Pizza Hut delivery stations.

Topics: Business Strategy and Profitability

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