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 | In 2014, Yum Brands, along with other fast food companies like McDonald's and Starbucks, discovered that their meat supplier, Shanghai Husi Food Co., supplied them with expired or rotten meat, as a result of this incident their revenue dropped by 10%.<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 whistleblowers for exposing safety violations, and requiring 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== | ||