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JFC eyes growing North America, Canada store network to 500 in 5 to 7 years
JFC eyes growing North America, Canada store network to 500 in 5 to 7 years
ABS-CBN News
Published Jun 23, 2021 02:14 PM PHT
Jollibee mascot takes selfies with the Statue of Liberty in New York as backdrop. The Philippines' largest fast-food chain opened a store in Manhattan on Oct. 27, 2018. Photo from Jollibee US Facebook page
MANILA - Jollibee Foods Corp on Wednesday said it plans to grow its Jollibee store network in North America in the US and Canada to 500 in the next 5 to 7 years.
For 2021, JFC is planning to open 50 stores in the US, the company said in a disclosure to the stock exchange.
"We target to reach 500 Jollibee stores in the next 5-7 years in North America – US and Canada," the country's largest restaurant operator said.
The numbers were disclosed by JFC president and CEO Ernesto Tanmantiong during the PH-US Business Dialogue: Cooperation for Post-Pandemic Recovery last June 22.
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JFC opened its 3rd Panda Express store in the Philippines last June 11 located at the Double Dragon Meridian Park in Pasay City.
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