You get some great, amazingly fantastic news. What’s the first thing you do?
That’s why I oftenly want to teach people to become more self reliant
KFC has been closing restaurants in Turkiye due to the termination of its franchise agreement with IS Gida A.S., the owner and operator of all KFC and Pizza Hut restaurants in the country. This decision was made after IS Gida failed to meet Yum! Brands’ standards ¹ ² ³.
As a result, 283 KFC and 254 Pizza Hut restaurants in Turkiye are expected to close at least temporarily. The closure has led to protests from workers demanding unpaid wages and compensation. Employees claim they were dismissed without receiving their salaries, with nearly 7,000 workers reportedly affected ².
Yum! Brands has stated that they will work to reopen as many restaurants as possible in the future. The company also mentioned that the recent sales in the Turkiye restaurants were significantly below the global average sales per restaurant for each brand, which is why the loss of royalties from the store closures will not have a material impact on Yum!’s core operating profit in 2025 and beyond ³ ⁴.
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