Jollibee to Start Canada Expansion; Europe, Japan Next

26 Mar


Jollibee Foods Corporation (JFC) is preparing to open its first branch in Canada this year while hoping to make its initial foray into Europe and Japan over the next two to three years.

Canada, Japan and Europe are among the locations being eyed due to the growing number of Filipinos in these areas.

JFC ended 2014 with a total branch network of 2,913 stores worldwide across its brand portfolio.

Be a SMART stock investor guided by 8 top stockbrokers! (size 728x90)
PinoyInvestor: The BEST stock resource in the Philippines!

As of end-December last year, it operated the largest fastfood service network in the country with a total of 2,301 restaurants – 858 Jollibee, 410 Chowking, 211 Greenwich, 323 Red Ribbon, 456 Mang Inasal, and 43 Burger King.

Aside from the planned expansion of the Jollibee brand abroad, JFC intends to open five Dunkin’ Donuts stores in China this year, with an investment of PHP 12.0 million to PHP 15 million per store.

Leave a comment

Posted by on March 26, 2015 in Corporate News, JFC, Stock Market


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: