KFC Closures Likely If No Compliance to Re-Imaging

KFC says most of its locations have been remodeled or are in the process, but about 400 could be closed for not meeting the new requirements. 5,500 restaurants in America have until June 2008 to comply with new remodeling specifications. Richard Schleicher, a franchisee with 54 stores, predicted that most store closings will happen in places where sales are slow and operators unable to justify the cost of the upgrades. [Louisville Courier-Journal]