Business and Economy
Jollibee eyes opening in Canada this year
Photo courtesy of www.jollibee.com.ph
MANILA — Fastfood giant Jollibee Foods Corp. (JFC) is eyeing to open its first branch in Canada this year and on Europe and Japan in the next two years.
JFC chief finance officer Ysmael V. Baysa confirmed the possibility opening their branch in Canada this year.
The company is also looking at opening branches in Japan in Europe where the number of Filipinos is growing.
They are also planning to expand the Dunkin’ Donuts brand in China this year investing in five stores each with an investment of P12 million to P15 million per store.
As of last year, JFC has a total branch network of 2,913 stores worldwide across its brand portfolio.
It operated the largest fastfood service network in the country with a total number of restaurants reaching 2,301 – 858 Jollibee, 410 Chowking, 211 Greenwich, 323 Red Ribbon, 456 Mang Inasal, and 43 Burger King.
