Friday, May 13, 2011

"Go East young man (or woman)" pt 2...

Here's a brief follow up posting to one written yesterday when we mentioned Wal-Mart and GAP clothing are really struggling in US marketplace so in order to generate profit, the focus is on expansion into the East...

Here's another example--Yum Brands, Inc. foods...

"Fast-food restaurant owner Yum Brands Inc.(operators of Pizza Hut, KFC & Taco Bell) said Friday that it is formally offering to buy most of the remaining shares of Chinese hot pot chain Little Sheep. Restaurant growth overseas, particularly in China, has been a key driver for Yum's profit growth." -- AP

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