SPAVI President Vicente Gregorio Po family-led restaurant group Shakey’s Pizza Asia Ventures Inc. (SPAVI) expects to allot at least ₱1 billion for capital expenditures (capex) this year, as it aims to open an average of one store a day and beef up its presence in Visayas and Mindanao. In...
Po family-led restaurant group Shakey’s Pizza Ventures Inc. (SPAVI) aims to continue expanding, particularly outside of Luzon, even as the industry is still in the process of recovering from the impact of the pandemic on consumer preferences. According to SPAVI President Vicente Gregorio, they...
Peri-Peri Charcoal Chicken and Sauce Bar (Peri-Peri), a brand owned by Shakey’s Pizza Asia Ventures Inc. (PIZZA), is scaling up its expansion program further in 2023 after ramping up store openings last year, particularly in the second half of 2022. In a disclosure to the Philippine Stock...
Shakey’s Pizza Asia Ventures Inc. is ramping up the expansion of newly-acquired Potato Corner with the aim of doubling its store count in three to four years instead of the previous plan of five to seven years. The firm is planning to put up 150 Potato Corner stores this year in addition to the...
Shakey’s Pizza Asia Ventures, Inc. reported a net income of P121 million last year from the net loss of P254 million in 2020 as the economy started to reopen late in 2021. In a disclosure to the Philippine Stock Exchange, the firm said systemwide sales improved 6 percent to P7.01 billion last...
Shakey’s Pizza Asia Ventures, Inc. has opened its first outlet in Singapore at the Lucky Plaza Mall along Orchard Road, catering to both locals and the Filipino community. In a disclosure to the Philippine Stock Exchange, Shakey’s Pizza said the store was franchised to Brenrich Pte. Ltd, a...
Shakey’s Pizza Asia Ventures, Inc. (PIZZA), the leading full-service restaurant chain group in the Philippines controlled by the Po family, is buying the popular Potato Corner, one of the leading food kiosk brands in the country. In a disclosure to the Philippine Stock Exchange, Shakey’s said...
The Gokongwei family’s investment in Shakey’s Pizza Asia Ventures Inc. is resulting in synergies between the Gokongwei’s retail business and the restaurant chain. In a disclosure to the Philippine Stock Exchange, Shakey’s announced plans to reopen Project Pie at Shopwise Hypermarket...