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Geregistreerd op: 08 Mei 2018
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 Geplaatst: 22-08-2018 06:56:19 Onderwerp: Pollution and congestion |
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？By Wang Zhuoqiong
BEIJING Carlos Beltran Jersey , Aug. 21 (Xinhuanet) --Yum Brands Inc, owner of KFC and Pizza Hut chains, has revamped its top management team in China after incumbent chairman and chief executive Sam Su retired from his post.
Su, who was instrumental in the fast-food chain's expansion and setting up of more than 4,000 KFC restaurants in the country, will be replaced by company veteran Micky Pant, currently CEO of the KFC unit.
Su will, however, serve as executive adviser till February next year and remain on Yum's board to assist with the transition. The new management is set to take the helm at a time when the fast-food chain has been witnessing sluggish sales and reeling from a tainted meat scandal.
The company also said that Joey Wat, 44, the president of KFC China, and Peter Kao, 58, senior vice-president and brand general manager of Pizza Hut China, have been promoted to the position of chief executive officer of KFC and Pizza Hut, respectively, and report to Pant.
Greg Creed, chief executive officer of Yum Brands, acknowledged Su's key role in building up the company's presence in China over the years. "Su is a restaurant industry pioneer who established KFC and Pizza Hut as global powerhouses in the world's fastest-growing economy," Creed said.
Ben Cavender, principal at China Market Research Group, said Su, who was with Yum in China since inception, was the right person to run the brand at a time when it had just four stores and little competition. "But it is a different ball game to run 4,000 stores," he said.
"Yum has been slow to adjust to changing consumer demands. The company is banking on the new management team to implement these changes quickly and regain trust and confidence of consumers," Cavender said.
In July last year, Shanghai Husi Food Co Ltd, a supplier to McDonald's, KFC and Pizza Hut, was found to be using expired meat in its products. The scandal has left a lingering impression on Chinese consumers and weakened fast-food chains performance.
Yum posted a 4 percent fall in China sales during the second-quarter. Restaurant margins decreased by 2.2 percentage points to 14.6 percent, while operating profit declined by 25 percent.
The fast-food giant's performance was in stark contrast to the strong performance of the food and beverage industry in China during the first seven months, according to the China Cuisine Association. The industry recorded a year-on-year growth of 11.6 percent and revenue of 1.76 trillion yuan ($275 billion) between January and July.
The weak performance of Yum in China, particularly KFC, reflects a change in the retail environment in China and changing consumer preferences, according to Jason Yu, general manager of Kantar Worldpanel China.
"The increasingly affluent middle-class consumers in China, especially in the first-and second-tier cities, have more choices in terms of dining and eating out and hence focus more on food safety," said Yu.
Despite efforts to diversify its menu and launch new marketing initiatives to attract younger consumers, KFC still needs to do a lot to rebuild its brand image and create a clear differentiation to stand out from competition, said Yu. The company also needs to grow more aggressively through franchises in lower tier cities and come up with new ways of reaching more consumers digitally, he said.
Yum is planning to open at least 700 new restaurants this year. The restaurant chain has 6,853 outlets in China. Among them, 4,889 are KFCs, 1,388 Pizza Hut restaurants and 276 home service units of Pizza Hut.
(Source: Chinadaily)
VIENNA, Feb. 13 (Xinhua) -- Lack of snow has left small ski lift operators in Styria of central Austria worried over their future survival in winter, the national broadcaster ORF reported Thursday.
The ongoing winter has proven considerably mild and the resulting scarcity of snow has pushed the operators of Bruggraber Alpl lifts into the red, currently owing over 200,000 euros.
"If there is no snow for the whole of January, who is going to book a February holiday on the Alps?" operator Hans Bruggrager said.
Similar reports were coming from wider area, such as the Aflenzer Buergeralm, where lift operators said the Christmas season had been a total failure.
The Wimmer lifts, 30 minutes from the city of Graz, have for the entire current season so far only been in operation for two weeks.
Some lift operators in the Upper Styrian area have planned a project to join forces in the hopes that they will overcome difficult winter seasons in the future, with a kick-off event planned for March.
Despite the overall poor season, weather forecasts expect snow in many parts of the region in the next few days.
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MEXICO CITY， Dec. 1 (Xinhua) -- Chinese company BYD on Thursday unveiled its innovative and cost-effective SkyRail mass transit solution at the 2016 C40 Mayors Summit in Mexico City.
The elevated monorail system has been specially designed to tackle the biggest challenges which today's bustling urban centers are facing: air pollution， traffic congestion and climate change.
Pollution and congestion ""have become the world's two major ills，"" as residents of major cities across the planet can prove it， BYD Chairman Wang Chuanfu said at a press conference.
What makes SkyRail particularly suitable to the world's major capitals and cities is ""its adaptability to existing streets ... and building density，"" Wang said.
The rail system's ""small footprint，"" or support structure， is made of columns that are only one meter in diameter， meaning they can be built on existing medians， and costly demolition will not be required， Wang stressed.
The monorail's ""excellent topographic adaptability"" also means it can be built to pass through buildings.
According to BYD， the SkyRail costs only a fifth of what it does to bui. Soccer Jerseys China Authentic MLB Jerseys Cheap Custom NHL Jerseys Cheap NFL Jerseys Online Authentic NCAA Jerseys Cheap New NBA Jerseys Cheap Authentic Jerseys Cheap College Hockey Jerseys Cheap Baseball Jerseys Cheap Hockey Jerseys Cheap |
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