Greenwich Archives - Inside Retail Asia
Philippine restaurant brand Jollibee Foods suffered a 14.4-per-cent drop in earnings last year after operating income fell by 25.1 per cent.
Philippine fast-food franchise Jollibee posted an increase in profit of nearly 20 per cent in its third quarter.
A Pret-A-Manger bid by Jollibee Foods would value the sandwich and coffee chain at excess of US$1 billion.
Jollibee Foods Corporation about to open Philippines’ 1000th branch of Jollibee in Bonifacio Global City.
Jollibee Foods Corporation (JFC) has opened its first Canadian outlet, Jollibee Winnipeg.
Jollibee Foods has opened the 991st branch of its flagship brand Jollibee in the Philippines, in the Ma-a area of Davao.
Jollibee buys Mang Inasal Philippines for $43 million.
Jollibee Foods will open 330 new stores in 2015 on the back of a solid boost in sales and profit last year.
Jollibee Foods Corporation (JFC) plans to open 200 new restaurants before the year ends. The Filipino fast food chain operator says 100 of the outlets will open in the Philippines and the rest abroad. “For Jollibee Foods Corp, we have alloted a capex of 5.5 billion pesos ($123.3 million) in expenditure this year and that number has not changed despite the recent volatility and drop in value of the stock market and the depreciation of the peso,” said CFO Ysmael Baysa. Most of the oversea…