QSR Brands temporarily shuts down over 100 KFC stores nationwide due to boycotts


PETALING JAYA: QSR Brands (M) Holdings Bhd will be temporarily suspending more than 100 KFC outlets nationwide following months of boycotts.

According to a report by a local Chinese daily, QSR Brands, which owns and operates the KFC fast-food franchise in Malaysia, has temporarily suspended 108 outlets nationwide as of April 27.

The report noted that Kelantan is the hardest hit with nearly 80% or up to 21 outlets suspended, followed by 15 outlets in Johor.

ALSO READ: QSR Brands confirms temporary closure of KFC outlets amid economic challenges

QSR Brands, which owns and runs the KFC franchise in Malaysia, also operates the restaurants in Singapore, Brunei, and Cambodia.

According to its website, QSR Brands operates 850 KFC restaurants in Malaysia, Singapore, Brunei, and Cambodia, as well as more than 480 Pizza Hut concept restaurants and delivery services in Malaysia and Singapore.

It said Malaysia ranked as the country with one of the largest KFC and Pizza Hut stores.

Johor state investment arm Johor Corp is the largest shareholder in QSR Brands, which, together with its unit KFC Holdings (M) Bhd, were taken private in February 2013.

Apart from KFC, several other global brands such as Starbucks and McDonald’s have been facing intense boycotts due to their purported support or perceived link to Israel, amid ongoing conflicts in Gaza.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

KFC , QSR Brands , boycotts , Starbucks , McDonald’s

   

Next In Business News

Khazanah, EPF are weighing taking Malaysia Airports private, sources say
Indonesia's April exports up 1.7% y/y
Stocks rise, dollar eases ahead of US inflation report
Govt to continue supporting real estate sector's growth
Menang inks agreement to develop wellness park
Glove makers rise in active trading
Trading in MAHB shares halted pending material announcement
Sin-Kung Logistics shares open at 13c/share on ACE Market
Ringgit strengthens near 4.70 after Fed's Powell boosts rate hopes
Heineken Malaysia to drive efficiency after strong start

Others Also Read