16th Feb 2009 - 00:00
Abstract
KFC will create up to 9,000 new jobs in the UK through a £150 million investment in its estate, which will see it open 300 new stores.
Over the next three to five years, KFC will be offering up to 9,000 new jobs across the country with a particular focus on the north of England, and South Wales. The growth plan will see the company opening new stores but also increasing its franchise business. KFC will also use the investment to refurbish current stores. Despite the economic downturn, KFC continues to see strong sales. Results for 2008 were up 6% from the year before and results for 2009 are already showing a 14% so far. A new drive-thru store, which opened in Worcester in January, broke the record for first week sales, bringing in £100,000. Martin Shuker said: "There aren't many companies who can be so positive in this market so we are delighted to be able to announce this significant investment in the UK. Our growth strategy demonstrates the strong demand from our customers; consumers clearly still want great quality food but at reasonable prices and that is exactly what we provide."