US-based Popeyes Louisiana Kitchen eyeing to take on China
US-based Popeyes Louisiana Kitchen Inc (Popeyes) is planning to open over 1,500 restaurants in China within the next 10 years. The franchise restaurant has more than 3,100 locations in over 25 countries worldwide, including the United States and Canada.
Josh Kobza, Chief Operating Officer of Restaurant Brands International (RBI), the parent company of Popeyes, said, "We're very excited to grow the Popeyes brand in the Chinese market. We look forward to bringing our great tasting chicken, biscuits, sides and beautiful new restaurants to our guests in China with our partner, TFI TAB Food Investments (TFI)."
Korhan Kurdoğlu, Vice Chairman and CEO, TFI, added, "We are proud to bring this famous brand to China and we look forward to introducing its bold new flavors to our guests. We plan to build on years of experience of growing successful businesses in China and around the world."
Popeyes is the last of RBI's three brands to foray into the Chinese market. RBI’s Burger King is operating in China since 2005 and has collaborated with TFI since 2012. There are now more than 1,000 Burger King restaurants in China.
Felipe Athayde, President of Popeyes, added, “We have a growing international presence and a significant opportunity to ramp up development around the world. What gives us confidence is the clear demand for chicken consumption globally and the ability for our core product offerings to travel well into different markets.”