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AAP
AAP
Business
Derek Rose

Collins Foods halts Taco Bell rollout

Collins Foods Collins Taco Bell KFC United States
KFC operator Collins Foods is hitting pause on any new Taco Bells beyond those already in progress. (Russell Freeman/AAP PHOTOS) (AAP)

Restaurant operator Collins Foods says it is taking an $11.9 million writedown on eight underperforming Taco Bell outlets and hitting pause on building any more, beyond the five or six currently under development.

The company suffered an $800,000 operating loss on its 24 Australian Taco Bells in the six months from May 2 to October 16, and says it wants to rejig them in conjunction with US-based franchisor Yum! Brands.

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