Yum! Brands Stock News

McDonald''s made the first call in fast food, and says it could lose out on $50 million a month. Starbucks, Yum, and Papa John''s have all followed.

Chipotle ( CMG ) is adding a bit more Latin flavor to its menus in the U.S. and Canada — but only for a limited time. Pollo asado (or "grilled chicken" in English) is the first chicken menu innovation in Chipotle''s 29-year history. The poultry is grilled and seared daily, and tossed in a spice blend, bright marinade, fresh squeezed lime, and cilantro. "Chicken is easily our most popular protein, with many of our most loyal Chipotle customers ordering it the majority of the time," Chris Brandt, the chain''s chief marketing officer, said in a statement. "We’re thrilled to introduce fans to another flavor of chicken that brings a whole new dimension to any Chipotle order and will certainly be a crowd pleaser," Brandt added. To celebrate the launch, Chipotle is offering $0 delivery fees on all pollo asado orders placed through the Chipotle app and Chipotle.com, from March 14 through March 20 in the U.S. In Canada, guests can enjoy the same offer from March 13 through March 20. Chipotle''s new Pollo Asado menu item (Courtesy: Chipotle) Last November, the Mexican fast casual chain tested pollo asado in select restaurants across Sacramento and Cincinnati.

NEW YORK: McDonald''s, Coca-Cola and Starbucks on Tuesday (Wednesday in Manila) bowed to public pressure and suspended their operations in Russia, joining the international corporate chorus of outrage over Moscow''s invasion of Ukraine. Several of these companies, symbols of American cultural influence in the world, have been the subject of boycott calls on social media as investors have also begun to ask questions about their presence. "We cannot ignore the needless human suffering unfolding in Ukraine," the fast-food giant said, announcing the temporary closure of all 850 restaurants in Russia, where it employs 62,000 people. Starbucks, Coca-Cola and PepsiCo announced their own decisions to halt or restrict business in quick succession, noting the growing human cost of the invasion. PepsiCo said that despite halting sales in Russia of its flagship beverage, as well as 7Up and Mirinda, it would continue to offer products like milk and baby food. "By continuing to operate, we will also continue to support the livelihoods of our 20,000 Russian associates and the 40,000 Russian agricultural workers in our supply chain," Ramon Laguarta, PepsiCo chief executive officer, said in a statement.

MOSCOW: McDonald’s, Coca-Cola and Starbucks on Tuesday bowed to public pressure and suspended their operations in Russia, joining the international corporate chorus of outrage over Moscow’s invasion of Ukraine. Several of these companies, symbols of American cultural influence in the world, have been the subject of boycott calls on social media as investors have also begun to ask questions about their presence. “We cannot ignore the needless human suffering unfolding in Ukraine,” the fast-food giant said, announcing the temporary closure all 850 restaurants in Russia, where it employs 62,000 people. Starbucks, Coca-Cola and PepsiCo announced their own decisions to halt or restrict business in quick succession, noting the growing human cost of the invasion. PepsiCo said that despite halting sales in Russia of its flagship beverage, as well as 7Up and Mirinda, it would continue to offer products like milk and baby food. “By continuing to operate, we will also continue to support the livelihoods of our 20,000 Russian associates and the 40,000 Russian agricultural workers in our supply chain,” PepsiCo CEO Ramon Laguarta said in a statement.

The moves come as more pressure is being placed on companies to cut ties as Russia''s invasion of Ukraine continues.

KFC parent company, Yum! Brands, announced Tuesday that it is suspending its operation of KFCs in Russia that are company-owned, as well as all Pizza Hut restaurants.Yum! Brands said it will be shifting its profits from those locations in Russia and…

Western food diplomacy was one of the first things that flourished in Russia after the Iron Curtain fell in 1989

UK babywear chain and Yum! are latest firms to make such a decision after invasion of Ukraine

Yum said it was suspending operations of its 70 KFC company-owned restaurants in the country and finalizing an agreement to suspend all Pizza Hut restaurant operations in Russia.

Coca-Cola, Starbucks, Pepsi and Yum! also suspend some operations as boycott pressure grows; Yale team says 290 large companies have withdrawn, but 30 remain

DETROIT (AP) — McDonald''s, Starbucks, Coca-Cola, PepsiCo and General Electric __ ubiquitous global brands and symbols of U.S. corporate might __ all announced Tuesday they were temporarily suspending their business in Russia in response to the country''s invasion of Ukraine. “Our values mean we cannot ignore the needless human suffering unfolding in Ukraine,” McDonald''s President and CEO Chris Kempczinski said in an open letter to employees. The Chicago-based burger giant said it will temporarily close 850 stores but continue paying its 62,000 employees in Russia “who have poured their heart and soul into our McDonald’s brand.” Kempczinski said it''s impossible to know when the company will be able to reopen its stores. “The situation is extraordinarily challenging for a global brand like ours, and there are many considerations,” Kempczinski wrote in the letter. McDonald''s works with hundreds of Russian suppliers, for example, and serves millions of customers each day. Last Friday, Starbucks had said that it was donating profits from its 130 Russian stores __ owned and operated by Kuwait-based franchisee Alshaya Group __ to humanitarian relief efforts in Ukraine.

Analysts estimate that the trendy ''plant-based food'' industry will reach $80 billion by 2025, creating a large opportunity for investors Related Stocks: BHIL , INGR , OTLY , BYND , YUM , MCD , SBUX , PLTXF , XCNQ:VEGA ,

Analysts estimate that the trendy ''plant-based food'' industry will reach $80 billion by 2025, creating a large opportunity for investors Related Stocks: BHIL , INGR , OTLY , BYND , YUM , MCD , SBUX ,

Yum Brands Inc (NYSE: YUM ) , the parent company of fried chicken chain KFC, is halting Russian investments, Full story available on Benzinga.com

Over the past few days, dozens of global brands have suspended sales in Russia putting pressure on others to do the same.