Today
Tokayev joined the "Peace Council" initiative by Trump
+3°
туман ветер 2.1 м/с, С

KFC and Pizza Hut operations in Turkey have ceased

World
191

KFC and Pizza Hut operations in Turkey have ceased
The famous American fast food chain — KFC has closed all its restaurants in Turkey.

The reason given is that the franchise owner “İsh Gıda A.Sh.” has declared itself bankrupt. The company has a debt of nearly 7.7 billion Turkish lira, which is equivalent to 214 million dollars.

Among the closed locations are 283 KFCs and 254 Pizza Huts, resulting in over 7000 workers being left unemployed. A decline in sales and boycott movements led to bankruptcy.

KFC first started operations in Turkey in 1989

Similar news

Tokayev joined the "Peace Council" initiative by Trump
Tokayev joined the "Peace Council" initiative by Trump
Former US President Donald Trump has initiated the establishment of a new international organization — the "Peace Council." This was reported by Zamin.uz. He officially invited
World Today, 15:47
A historic agreement was signed for peace in Syria
A historic agreement was signed for peace in Syria
A historic agreement has been reached to establish peace in Syria. This was reported by Zamin.uz. The ongoing armed clashes in the country are finally set to end. The interim president of Syria,
World Today, 13:33
Iran Ambassador: Trump does not intend to start a war
Iran Ambassador: Trump does not intend to start a war
During his visit to Islamabad, Iran's ambassador to Pakistan, Reza Amiri Mogaddam, made a statement about the political tension between Tehran and the United States. This was reported by
World Today, 12:25
Global inequality: Billionaires' wealth is rapidly increasing
Global inequality: Billionaires' wealth is rapidly increasing
Leading economic and political figures around the world are meeting in Davos from January 19 to 23 within the framework of the World Economic Forum, while the Oxfam organization emphasized in its
World Today, 10:42
Two trains collided in Spain, there are casualties
Two trains collided in Spain, there are casualties
A major railway disaster occurred in Spain. This was reported by Zamin.uz. On the evening of January 18, at least 21 people died and dozens were injured to varying degrees as a result of a collision
World Today, 10:34
Trump gave up on striking Iran: What are the reasons?
Trump gave up on striking Iran: What are the reasons?
It is possible that US President Donald Trump's decision to refrain from a military strike on Iran was influenced by a warning from Israeli Prime Minister Benjamin Netanyahu. This was reported
World Today, 09:45