The nine new directors announced today, seven of whom are independent, are expected to serve on the Yum China Board of Directors following the completion of Yum Chinas spin-off from Yum! Brands, which is expected to occur after the close of business on October 31, 2016.
Krispy Kreme Doughnuts, Inc. announced the first Krispy Kreme shop opened in Phnom Penh, Cambodia on May 22. With this opening, Krispy Kreme now operates shops in 27 countries.
Operated by franchisee California Pizza Kitchen Australia, the 370-seat, 9,500 sq. foot restaurant the worlds largest CPK officially opened its doors to the public yesterday and offers Australians CPKs elevated casual dining experience.
Pei Wei to open in Seoul at South Koreas biggest shopping mall with plans to open 10 more locations by end of 2017