KFC has some serious expansion plans up its sleeves. The fried chicken chain is slated to become the first American fast food restaurant in Myanmar. The restaurant will open its first branch in downtown Yangon at an unspecified date, and has plans to open "several more" locations within the country by the end of the year. KFC has quite the presence in South East Asia: When the Myanmar restaurant opens, Laos will be the only country in the region without the fried chicken chain.
McDonald's recently announced a brand transformation, and apparently those plans include a Twix McFlurry. The flavor — which was previously only available abroad — its select markets like Indiana as soon as next week.
McDonald's might need more than Twix McFlurries to save itself from financial ruin. The chain's stock price dipped nearly two percent as CEO Steve Easterbrook announced how McDonald's plans to improve on Monday. To make matters worse, nearly every other burger stock — including Shake Shack, Burger King, and Wendy's — went up. Shake Shack's stock even hit a new all-time high. Oops.
Cookie-straw slinging coffee chain Starbucks recently came under fire for bottling water drawn from an "exceptional drought" area in California. The company was using a private spring for free, while the rest of the state is struggling to get water. Now, the chain is looking for a new source for its Ethos water line that is perhaps more in line with its name.