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...Once booming businesses are resorting to desperate discounting to try to keep customers coming. In Hong Kong, 1,000 restaurants have joined together to offer dishes such as dim sum and roast pigeon for one Hong Kong dollar (about 13 cents). In Taipei, Taiwan's capital, fast-food chain KFC held a press conference last month to announce 50% discounts on every second meal ordered, only to have McDonald's employees interrupt by parading with signs promoting $2 lunch specials...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...dollar-menu items like apple pies, side salads and yogurt, plus cheap combo meals - burger or sandwich, fries and a drink - is a key strength during the recession. In particular, consumers are fleeing casual, family chain restaurants for the convenience and savings of fast food. (Yum! Brands, which owns KFC, Taco Bell and Pizza Hut, and Burger King have also seen sales growth, though at smaller levels than McDonald's.) Casual-dining joints are reeling: P.F. Chang's and the Cheesecake Factory, for example, saw their third-quarter 2008 profits fall 43% and 36%, respectively. Bennigan's went bankrupt, Ruby...

Author: /time Magazine | Title: In Lean Times, McDonald's Only Gets Fatter | 1/21/2009 | See Source »

...Feeding animals for meat production requires growing ten times as many crops as producing directly for a plant-based diet. The land needed for these crops contributes to deforestation—a major cause of global warming. In 2006, Greenpeace unveiled a “KFC: Amazon Criminal” banner across the Brazilian rainforest to highlight the effect KFC’s huge demand for chicken feed has in deforesting the Amazon Basin...

Author: By Lewis E. Bollard | Title: Al Gore’s Inconvenient Diet | 10/23/2008 | See Source »

...chain restaurants with more than 20 locations to post calorie counts on menus by 2011. New York City has had a similar law in effect since the end of spring. Many Starbucks locations nationwide have already begun labeling their menus, and Yum! Brands—the owner of KFC and Pizza Hut—has announced it will put calorie counts in the overhead menus at all of its restaurants. Harvard may be able to shelter its students from much of the outside world, but since calorie counts will be a part of our lives whether we like...

Author: By Adam R. Gold | Title: Bring Back Nutrition Facts | 10/19/2008 | See Source »

...This is the quintessential Hong Kong breakfast. Even McDonald's and KFC serve noodle soups, usually with an inexplicable hunk of meat dropped in the mix. Instead of eggs and toast, you'd be more likely to have ramen with a hot dog thrown in. I leave happy and satiated, although unnerved by the waitress. Maybe she's just cranky, or maybe it's like France...

Author: By Lingbo Li | Title: Breakfast in Cantonese | 8/8/2008 | See Source »

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