Daily Newsletter

14 August 2023

Daily Newsletter

14 August 2023

KFC launches new flagship store in Tel Aviv

Tel Aviv is the brand’s 17th site in the market, with the restaurant planning to further expand its presence in the region.

Umesh Ellichipuram August 11 2023

US-based fast food restaurant chain KFC has opened its flagship store in Tel Aviv, Israel, after its re-entry into the country around three years ago,

According to The Times of Israel, the restaurant chain launched and shut its outlets in Israel in the 1980s and 1990s, then kept them open from 2003 to 2012.

KFC returned to the Israeli market for the fourth time in 2020 through an outlet in Nazareth, the brand's first branch in the region.

All previously opened restaurants were operated by local franchises.

The publication also noted that, in earlier instances, KFC made changes to its recipe to abide by Jewish dietary laws, resulting in the final product becoming more costly.

The new Tel Aviv venue is the 17th location of the brand in the country. In the future, the restaurant chain plans to further expand its footprint in the region.

In March 2021, KFC's parent company Yum! Brands purchased Tictuk Technologies, an Israeli omnichannel ordering and marketing platform.

The companies did not disclose the financial details of the deal.

Established in 2016, Tictuk focuses on conversational commerce. It makes use of chat, web, advertisements and intelligent marketing technologies to enhance customer engagement.

Customer engagement drives metaverse investment in the foodservice sector

COVID-19 and supply chain disruptions following the Ukraine war have accelerated automation and digitalization in the foodservice sector. Home delivery services and consumer engagement through digital channels have become essential for businesses trying to stay afloat. Foodservice companies must also cope with ESG issues, the fast-changing world of work, and the global economy heading for recession and possible stagflation. The metaverse, enabled by both AR and VR, is an important tool that can help address many of the foodservice industry's key challenges.

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