Jollibee Foods Corporation is planning to open a total of 950 stores globally in 2021 to 2022, consisting of the various brands it owns in the Philippines and overseas, as it banks on the economic recovery following aggressive vaccination programs. 15042 During the firm’s annual stockholders’...
Jollibee Foods Corporation (JFC) and its subsidiaries, Fresh N’ Famous Foods, Inc. (FNF) and Mang Inasal Philippines, Inc. (MI), has entered into a license agreement with Milkshop International Co., Ltd., a popular Taiwanese Bubble tea brand. In a disclosure to the Philippine Stock Exchange,...
Jollibee Foods Corp. (JFC), the Philippines most successful fast food chain with presence in major global markets, expects to achieve 500 Jollibee stores in the US market alone over the next five to seven years. JFC President & CEO Ernesto Tanmantiong revealed this goal at the virtual...
Jollibee Foods Corporation’s Smashburger—a US-based fast casual better burger restaurant—has opened a new branch in Brooklyn, New York as part of its expansion plans in North America. Smashburger's new restaurant in Brooklyn, New York In a statement, Jollibee said the opening of the new...
Jollibee Foods Corporation is planning to issue up to P12 billion worth of Peso Preferred Shares as well as buy back up to $250 million worth of its USD Perpetual Bonds through a Cash Tender Offer within 2021. In a statement, the firm said the issuance of preferred shares is subject to the approval...
Jollibee Food Corporation announced that it is set to open on May 20 the Jollibee flagship store in Europe at the historic London West End, the U.K. capital’s main commercial and entertainment center and one of the world’s most prime locations. “Bringing Jollibee to London’s West End is...
Jollibee Group Foundation (JGF) and Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA) have forged a joint research deal that targets to increase onion production in the Philippines as well as improve the local supply systems. A statement showed that SEARCA and...
Homegrown restaurant chain Jollibee is expanding its operations in Europe with the aim expanding to 50 stores in the continent in the next five years. In a statement, Jollibee noted that 70 percent of the customers in its latest UK stores are locals, prompting it to add more branches to reach...
Photo from Jollibee US/Manila Bulletin It seems like New Yorkers will see more of the famous Chickenjoy in their future dining as beloved fast food giant Jollibee eyes to open a branch in Times Square. According to a story by New York Business Journal , the food chain inked a lease for 7,000 square...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, is acquiring a 50 percent stake in the Philippine franchise of the popular Yoshinoya restaurant of Japan. In a disclosure to the Philippine Stock Exchange, JFC said it will establish a 50-50 joint venture with...
Jollibee Foods Corporation reported an attributable net loss of P11.5 billion last year, 257 percent lower than the P7.3 billion earned in the same period of 2019 due to the impact of the COVID-19 pandemic. However, the firm is optimistic of a recovery this year and has set a capital expenditure...
A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
