Yum last January! Brands, KFC and Pizza Hut had terminated the franchise agreement with the company for hut and then applied to the food concordat.
According to the World of Bosses, this week, Istanbul Anatolian 1st Commercial Court, Ishway Gıda Distribution Joint Stock Company, İş Holding Joint Stock Company and İlm Şahin decided to extend the temporary response for two months from 30 April 2025.
Work Gıda in the concordat process had closed a total of 537 KFC and Pizza HUT branch.
According to the news, more than 155 countries and regions worldwide with more than 61 thousand restaurants and about 65.5 billion dollars of sale Yum! Brands took action on the branches in Türkiye.
According to the information transferred from the backstage; Instead of agreeing with a new company in Türkiye, the American giant, real estate and investment management has been agreed with a company that serves.
It was suggested that the company started to talk with the shopping center investors to continue the agreements through the current leasing conditions.
Although very few agreements were reached, most investors reported that they did not approach the agreement. Again in the backstage, investors who do not approach the agreement firstly want to pay the existing debts and rents will be increased.
