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| Name | Why KFC Can't Compete With McDonald's In Israel |
| Video Uploader | Video From CNBC |
| Upload Date | This Video Uploaded At 04-12-2018 16:30:02 |
| Video Discription | KFC has tried, but failed, three times to appeal to the Israeli market. Starbucks, Subway, and Dunkin' have all had to call it quits in Israel, but unlike its rivals, Yum! Brands' Kentucky Fried Chicken is refusing to admit defeat. The American fried chicken chain is looking to enter Israel for a fourth time. Watch this video to find out why the American fried chicken chain is planning to try a fourth time to enter the Israeli market. Israel seems to repel American fast food chains. Starbucks; Subway; Dunkin Donuts; They've all had to call it quits there. KFC has actually tried and failed three times to appease the Israeli market. But unlike its rivals KFC is refusing to admit defeat. In fact the American fried chicken chain is trying again for a fourth time. The calculus reported that KFC plans to open 100 locations within five years of re-entering the market. That's especially ambitious considering that at its peak it had just ten restaurants in the country after spending 20 years trying to build a following. KFC started as one branch in Tel Aviv in the 1980s. It didn't last, but was revived in 1993. Ownership then changed hands again in 2003. But by 2012 Euro Monitor says KFC had closed up shop for good. In Israel KFC is failure isn't all that shocking because of one simple but very big problem. Its menu. Israel is a notoriously difficult market to crack because roughly 60 percent of the Jewish population keeps kosher meaning they follow a set of religious laws that restrict them from eating certain foods. One of the major rules don't mix meat and dairy products and that happens to be the very definition of classic Kentucky Fried Chicken. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC #CNBC #KFC #McDonalds Why KFC Can't Compete With McDonald's In Israel [zgqaIZvWoT8] |
| Category | News & Politics |
| Tags | CNBC | business news | finance stock | stock market | news channel | news station | breaking news | us news | world news | cable | cable news | finance news | money | money tips | financial news | Stock market news | stocks | menu kfc | kfc near me | kfc hours | mcdonalds 1 2 3 menu | mcdonalds near me | mcdonalds wifi | mcdonalds hours | kfc reba | kfc commercial | kfc israel | israeli fast food | mcdonalds fight |
