Taco Bell delays plans to open first German locations [Yahoo! Finance]
Yum! Brands, Inc. (YUM)
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Source: Yahoo! Finance
The franchise company Is Holding (ISH) had initially planned to open a Taco Bell in Berlin in the summer of 2024, but the company told dpa on Tuesday that the date has been pushed back by a year. Currently, the only three Taco Bell locations in Germany are located on US military bases and are not accessible to the general public. "There have been delays, so unfortunately it won't happen as quickly as we thought. However, our construction department is working on the realization," a company spokesman said. He declined to give any precise details on the number of Taco Bell stores that are due to open in Germany next year. In May, ISH CEO Ilkem Sahin announced: "Our goal is 25 stores this year and 100 to 150 in the next five years." Like KFC and Pizza Hut, Taco Bell is part of the US fast food giant Yum! Brands. Sub-rights for other countries are granted to franchise partners. In addition to Taco Bell, Is Holding also owns the franchise rights for the Pizza Hut, KFC and Kris
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