{"id":145785,"date":"2018-01-12T03:53:02","date_gmt":"2018-01-12T08:53:02","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=145785"},"modified":"2018-01-12T03:53:02","modified_gmt":"2018-01-12T08:53:02","slug":"shakeys-to-open-20-new-stores-in-2018","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/01\/12\/shakeys-to-open-20-new-stores-in-2018\/","title":{"rendered":"Shakey\u2019s to open 20 new stores in 2018"},"content":{"rendered":"
\"(Photo<\/a>
Shakey’s ended 2017 opening 24 new stores, including those in provincial locations (Photo by Shakey’s<\/a>)<\/figcaption><\/figure>\n

MANILA — Listed pizza chain Shakey\u2019s Pizza Asia Ventures Inc. on Thursday said it plans to open 20 new stores in 2018, bringing its total store network to 228 at the end of the year, as part of a continued drive to expand its footprint across the country.<\/p>\n

\u201cWe will continue to take advantage of the positive consumer sentiment in the Philippines and hope to open even more stores, including those outside the typical first tier cities,\u201d said Shakey\u2019s President Vicente Gregorio.<\/p>\n

Shakey\u2019s ended 2017 opening 24 new stores, including those in provincial locations such as Iligan, Puerto Princesa, Antique, Gapan and Palo, Leyte, amid the growing urbanization trend in such areas.<\/p>\n

\u201cIt has been a banner year for Shakey\u2019s – our maiden year as a publicly listed company – as this is the fastest we\u2019ve grown in terms of store network. We have a strong belief in our brand and our strategy, and are keeping pace with the accelerating growth of our economy,\u201d said Gregorio.<\/p>\n

Shakey\u2019s currently maintains market leadership in both the full service and pizza chain categories.<\/p>\n

Apart from the Philippines, the company also owns the perpetual rights to the Shakey’s brand for the Middle East, Asia (excluding Japan and Malaysia), China, Australia and Oceania.<\/p>\n

It reported that recurring net income for the first nine months of 2017 grew by 15 percent against the comparable period the previous year.<\/p>\n

System-wide sales also rose by 15 percent, driven by same store sales growth of 6 percent and an expanding local store network.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA — Listed pizza chain Shakey\u2019s Pizza Asia Ventures Inc. on Thursday said it plans to open 20 new stores …<\/p>\n","protected":false},"author":33,"featured_media":145788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[4965,268,420,42896,37430,667,42898,851,42899,42897,4741,42894,42895],"class_list":["post-145785","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-antique","tag-australia","tag-china","tag-gapan","tag-iligan","tag-japan","tag-leyt","tag-malaysia","tag-oceania","tag-palo","tag-puerto-princesa","tag-shakeys-pizza-asia-ventures-inc","tag-vicente-gregorio","mauthors-leslie-gatpolintan","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/145785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=145785"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/145785\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/145788"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=145785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=145785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=145785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}