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Multi-brand group AmRest opens its 100th KFC location in Spain with new unit in the Madrid town of Alcorcon

Argus upgrades Yum! Brands to buy from hold with US$142 target, expecting consumers to opt for its inexpensive menu items and looking for it to grow at a solid pace; Yum also should benefit from China's eventual reopening, accelerated restaurant openings

Pizza Hut announces limited-time return of its Triple Treat Box, which includes two medium one-topping pizzas, five breadsticks and 10 Cinnabon mini rolls for US$24.99

KFC testing new Funnel Cake Fries at participating KBP-owned restaurants in Kansas City, St. Louis, northwestern Arkansas, southeastern Oklahoma and Omaha, Nebraska

Deal to acquire KFC's Russian assets should be closed by the end of 2022, says Konstantin Kotov, co-owner of Smart Service, which is purchasing the business from Yum! Brands

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