Chick-fil-A is making another attempt to crack the international market with a $1 billion investment
, told the publication that it's time for the chain"to continue to innovate and try and test how we will do in international markets so that we can learn."The move abroad would mark a significant growth change for the Atlanta-based chicken chain, which has more than 2,700 franchised restaurants in 47 states, Washington, DC, Puerto Rico, and Canada. By going abroad, Chick-fil-A will compete with US-based rivals such as KFC and McDonald's, which have been in Asia for years.
Cathy, the family-owned chain's CEO, told the Journal that growth abroad is necessary as the company charts its future. The company would"stick" to its current franchising model, which limits most franchisees from owning more than one restaurant.
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