Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’ Retail A surge in youth unemployment has fuelled the rise of chicken shops across British high streets as young people not in work, education or training – known as Neets – have flocked to fast food, a consultancy has argued. Analysts at Baringa, a consultancy with more than 2,000 employees, have drawn a link between the [...]
Peak pizza? Domino’s profit dips amid weak sales Retail Domino’s Pizza has suffered a 15 per cent profit slice as it contended with weak sales and a “challenging consumer backdrop”. While total turnover at the FTSE 250-listed pizza chain increased 1.5 per cent to £1.6bn, the like-for-like figure – excluding variables like VAT – inched up only by 0.2 per cent in the year [...]
KFC sheds jobs as UK profit jumps to almost £100m hospitality KFC has shed jobs in the UK and its profit surged to almost £100m during its latest financial year, it has been revealed. The fast food giant has posted a pre-tax profit of £97.6m for 2024, up from the £59.1m profit it achieved in 2023. However, new accounts filed with Companies House also show that [...]
Domino’s takes on KFC and Popeyes with new fried chicken menu September 8, 2025 Domino’s has announced a new foray into the fast-growing fried chicken market as it looks to turn the tide on tough economic conditions. Chief executive Andrew Rennie said that the new menu items – tenders, wings, and boneless bites with nine “globally-inspired” dips – were a “bold new chapter for Domino’s”. Rennie added that the [...]
KFC and Pizza Hut help serve up huge profit for owner August 12, 2025 Huge dividends from KFC and Pizza Hut helped their owner Yum! Brands more than triple its profit last year, it has been revealed. The group’s European division has posted a pre-tax profit of $1.2bn (£892.7m) for 2024, up significantly from the $317.1m (£235.8m) it posted for 2023. The firm, Yum! Restaurant Holdings, is a holding [...]
KFC to create over 7,000 UK jobs and open 500 restaurants in £1.5bn move May 27, 2025 KFC has revealed a £1.5bn plan to create more than 7,000 jobs in the UK and Ireland over the next five years and open a further 500 restaurants by 2035. The fast-food giant said £466m will go towards opening new locations focusing on building flagship sites and drive-thrus in “key locations” such as Ireland and [...]
Yum: KFC and Pizza Hut owner surges back into the black August 5, 2024 Yum! Brands, the owner of KFC and Pizza Hut surged back into the black last year after a bumper year for its brands.
Apple’s latest iPad advert backfired, but how does it rank amongst the worst ever? May 11, 2024 We have gone through some other commercials and advertising campaigns which spectacularly backfired, to consider where they rank.