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Taco Bell's Aussie Stores Saved by Rescue Deal

Published 1 week ago
Description

Taco Bells Australian operations face a significant restructuring as Collins Brands closes seven stores, but a rescue deal saves the remaining twenty. Restaurant Brands Australia, a Yum Brands partner, takes over operations in four states, with the handover expected by August. Collins Brands, known for KFC, saw Taco Bell earnings dip, leading to this shift. Employees at surviving stores receive job offers, and Collins CEO Xavier Simonet focuses on KFC growth, particularly in Germany. Taco Bells Australian general manager remains optimistic about the partnerships long-term potential.

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