Yum! Brands, Louisville, Ky., reported this week that it estimates third-quarter ended August 31 same-store sales for its China division to drop by about 13 percent compared with the same period last year. “Since July 21st, Yum! Brands' China division has experienced a significant, negative impact to sales at both KFC and Pizza Hut, following adverse publicity regarding improper food handling practices by former supplier, Shanghai Husi, a division of OSI,” the company ...
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