Yum! decides to increase outlets

Fifteen years after the first Pizza Hut and KFC outlets opened for business in India, Yum! will turn profitable, even as it readies to open new outlets to take on rivals such as McDonald’s and Domino’s. Yum! Brands Inc has had to negotiate fussy Indian palates, stiff competition from global rivals and the recent spike in food prices. The company will turn in its first profit in its fiscal year ending November 2011 and then seek to grow its revenue by a factor of four in the next four years. Such expansion plan of Yum! is a signal that signage companies, such as PSPs, fabricators and others will find a new business opportunity in the retail sector.