Yum China says tech investments let it open more stores without needing more staff
Publishing timestamp: 2023-09-15 07:09:42
Summary
Yum China is investing in technology to open more stores without hiring more staff. The company is considering the use of generative AI to analyze store data. Yum China plans to invest billions of dollars to grow its store network, improve its supply chain, and boost digital capabilities. The company aims to reduce labor and operating costs through technology and plans to increase its logistics centers. Yum China expects same-store sales to reach 90% of 2019 levels despite the economic uncertainty caused by the pandemic.
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