Yum! Brands: Difference between revisions
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In 2014, Yum Brands, along with other fast food companies like McDonald's and Starbucks, discovered that their china meat supplier, Shanghai Husi Food Co., supplied them with expired or rotten meat, resulting in a revenue drop of 10% as a result of this incident.<ref>{{Cite web |date=2015-07-15 |title=KFC owner Yum sales take another hit in China |url=https://www.bbc.com/news/business-33532449 |url-status=live |access-date=2026-02-24 |website=BBC}}</ref><ref>{{Cite web |last=Economy |first=Elizabeth |date=2014-07-31 |title=Yum, Yum, Yum: Another Food Safety Scandal Rocks Multinationals in China |url=https://www.cfr.org/articles/yum-yum-yum-another-food-safety-scandal-rocks-multinationals-china |url-status=live |access-date=2026-02-24 |website=Council on Foreign Relations}}</ref> Yum Brands responded by issuing an apology to customers, offering rewards to Chinese whistleblowers for exposing safety violations, and | In 2014, Yum Brands, along with other fast food companies like McDonald's and Starbucks, discovered that their china meat supplier, Shanghai Husi Food Co., supplied them with expired or rotten meat, resulting in a revenue drop of 10% as a result of this incident.<ref>{{Cite web |date=2015-07-15 |title=KFC owner Yum sales take another hit in China |url=https://www.bbc.com/news/business-33532449 |url-status=live |access-date=2026-02-24 |website=BBC}}</ref><ref>{{Cite web |last=Economy |first=Elizabeth |date=2014-07-31 |title=Yum, Yum, Yum: Another Food Safety Scandal Rocks Multinationals in China |url=https://www.cfr.org/articles/yum-yum-yum-another-food-safety-scandal-rocks-multinationals-china |url-status=live |access-date=2026-02-24 |website=Council on Foreign Relations}}</ref> Yum Brands responded by issuing an apology to customers, offering rewards to Chinese whistleblowers for exposing safety violations, and requiring Chinese managers review suppliers regularly.<ref>{{Cite web |last=Parsons |first=Heidi |date=2014-08-01 |title=Food Safety Fears Cause Consumers to Boycott Yum, McDonald's Restaurants in China |url=https://www.food-safety.com/articles/2892-food-safety-fears-cause-consumers-to-boycott-yum-mcdonalds-restaurants-in-china |url-status=live |access-date=2026-02-24 |website=Food Safety Magazine}}</ref> | ||
==See also== | ==See also== | ||