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What are the characteristics of each of Wallace and KFC?

Wallace was started by Chinese, KFC was started by Americans, equal goods, Wallace is cheaper and more affordable than KFC.

I. Introduction:

1. Wallace fast-food chain, is China's largest local a set of product development, production, sales as one of the western fast-food enterprises, as of January 2014, Wallace in the country more than 3,000 chain stores, with more than 50,000 employees.

Wallace is currently the largest local western fast food enterprises, since the creation of the brand, has opened a chain of restaurants in various provinces and cities across the country, the company operates burgers, fried chicken, French fries and other products, both delicious and quality, fashion and culture leading, and is y favored by the majority of consumers. After nearly a decade of development, Wallace has become the industry's well-known Western-style fast food franchise brand, and its influence also involves the whole country.

The founder of Wallace enterprise "Hua brothers" (Fuzhou Hua Huaiqing, Hua Huaiyu brothers) in January 8, 2001 to create the first Wallace restaurant - Fuzhou Normal University restaurant; a few years, the enterprise continues to grow, after several Breakthrough development stage: 2002 business model gradually improved; 2003 chain restaurants opened one after another; 2004 Wallace image continues to upscale; 2005 national chain fully spread; 2006 branding operations on track; 2007 visual image a new look.

2, KFC. (KentuckyFriedChicken, referred to as KFC), is the United States multinational chain of restaurants. The founder is Harland Sanders (Harland Sanders) Colonel, created in 1930 in Louisville, Kentucky. Mainly sells fried chicken, burgers, fries, tarts, sodas and other Western fast food.

KFC is now part of Yum Brands and has formed a strategic alliance with PepsiCo to sell carbonated beverages provided by PepsiCo (with the exception of some countries, such as South Korea and Japan, where Coca-Cola is sold). The business concept is to constantly launch new products or repackage the products sold in the past, targeting people's mentality of tasting new products, so as to gain profits.

KFC has become the world's second largest fast food and largest fried chicken chain. By the end of 2013*** there were about 17,000 stores.On February 20, 2014, KFC soymilk was found to contain genetically modified (GM) ingredients.In December 2015, KFC's parent company, Yum Brands, said that in 2016 KFC would open a restaurant in Lhasa.

Two, compare:

Wallace is cheaper, - there is a BBQ grilled chicken is quite good, KFC and McDonald's do not have.