Popeyes an early hit in China One down, 1,499 to go.
May 21, 2020 3:14 PM ET|About: Restaurant Brands Interna... (QSR)|By: Clark Schultz, SA News Editor
The launch of Popeyes Louisiana Kitchen in China was the most successful for a new market entry in the brand's 48-year history, according to parent company Restaurant Brands International (NYSE:QSR).
The QSR update confirms widely-distributed social media posts of long lines at a Popeyes location in Shanghai.
The long-term plan is for the company to have 1,500 Popeyes locations in China.
Also note in restaurants Bill Ackman's track record is perfect. My guess he will be whipping Horton's into shape, or else.
https://www.cnbc.com/2020/05/09/bill-ackman-looks-to-find-another-winner-with-restaurant-brands.html