Tag: Chowking

  • Jollibee Targets over 1500 Locations in Philippine Provincial Push

    Jollibee Targets over 1500 Locations in Philippine Provincial Push

    Jollibee Group identified more than 1,500 potential trade areas across the Philippines for network expansion running from 2027 to 2030.

    About 71 per cent of those targeted pipeline sites sit in provincial markets, shifting the company’s real estate commitments away from congested urban hubs.

    The expansion plan covers the company’s three primary domestic brands: flagship burger chain Jollibee, grilled chicken chain Mang Inasal, and Chinese fast-food concept Chowking. The restaurant operator aims to tap rising household incomes and commercial sprawl outside the capital region to support the store additions.

    Provincial Real Estate Strategy

    Provincial developers and regional retail landlords gain clear visibility into long-term anchor tenant demand from this rollout. Jollibee, Chowking, and Mang Inasal regularly serve as core foot-traffic drivers for strip malls, transport interchanges, and provincial town squares. Locking down commercial real estate in secondary and tertiary cities helps the group secure prime corners before regional land prices climb.

    Metropolitan Manila remains heavily saturated with quick-service restaurant formats. Competing chains now battle rising floor rents, utility overheads, and high cannibalization rates within primary urban shopping centers. Directing more than seven out of ten future openings into the provinces allows Jollibee to bypass capital-city congestion and protect operating margins.

    Supply Chain and Operational Headwinds

    Spreading 1,500 future locations across regional islands introduces structural supply chain friction. Cold-chain storage, commissary distribution routes, and reliable ingredient deliveries become significantly more expensive when operating deep in provincial trade zones. Any disruption in inter-island shipping routes or localized agricultural shortages hits operating costs directly.

    Rival quick-service operators face the risk of losing prime provincial real estate if they fail to match Jollibee’s site-acquisition pace. Franchise networks must also prepare significant local capital expenditure, because provincial stores demand dedicated logistics investments and local warehouse tie-ups rather than reliance on central metropolitan infrastructure.

    Building on National Scale

    The aggressive pipeline builds directly on an already massive footprint across the domestic market. Jollibee Group Philippines operated more than 3,500 stores across its brand portfolio as of the first half of 2026. That existing baseline gave the group dominant market share in domestic fast food, serving as the financial foundation for multi-brand cluster openings.

    Earlier rollouts concentrated heavily on major metropolitan corridors and primary provincial cities. The new multi-year plan extends that map into lower-tier municipalities that previously lacked modern fast-food infrastructure, relying on standardized commissary production to maintain product consistency across distant branches.

    Milestones Through 2030

    Site development and property negotiations for the identified trade areas will begin rolling out ahead of the 2027 start date. Company executives will monitor provincial franchise take-up rates and commissary capacity as the network tracks toward the 2030 completion window.

  • Jollibee Philippines Q3 profit rises

    Jollibee Philippines Q3 profit rises

    Philippine fast-food franchise Jollibee posted an increase in profit of nearly 20 per cent in its third quarter. Backed by strong sales, the firm has posted a 19.2 per cent rise in net income attributable to shareholders to PHP6.09 billion (US$114.5 million).

    According to Jollibee’s CFO Ysmael Baysa, the company’s global sales have seen strong growth this year, including in its home base in the Philippines, partly driven by concerted efforts to expand Jollibee’s store network.

    “We look forward to the recovery of Jollibee profit margins in the Philippines next year and the significant improvement in the profit performance of our new businesses in the next one to two years,” he said.

    Beyond its own franchise, Jollibee operates the Chowking, Greenwich, Red Ribbon and Smashburger brands in various worldwide locations. It currently has 3003 stores worldwide, with more set to open in the immediate future in Malaysia and Guam.

  • Jollibee Foods JV to open door to Europe

    Jollibee Foods JV to open door to Europe

    Philippine foodservice giant Jollibee Foods (JFC) has entered into a JV agreement with Singapore-based Blackbird Holdings to take the Jollibee brand to the European market.

    JFC’s wholly owned subsidiary Golden Plate has signed the deal with Blackbird to own and run the first Jollibee store in Italy. Golden Plate and Blackbird will incorporate a Singapore company, a 75:25 JV, with Golden Plate holding the controlling stake. The two companies are looking at investing more than US$1 million in the JV.

    Established in 2014, Blackbird has investments both in Singapore and the Philippines in the F&B and other sectors.
    Jollibee says Golden Plate will have full management control of the JV and the first store. Jollibee’s strategy is still to find a territorial franchisee for Italy with the capability to develop and expand the brand there.

    Jollibee has the largest foodservice network in the Philippines and has more than 3290 stores worldwide including such brands as Burger King, Chowking and Red Ribbon. In China it has Dunkin Donuts, Hong Zhuang Yuan, Jollibee and Yonghe King.

    JFC has Jollibee stores in Vietnam (86), Brunei (14), Singapore (4), Hong Kong (3).

  • Jollibee Winnipeg first Canadian foothold

    Jollibee Winnipeg first Canadian foothold

    Filipino restaurant company and global fast-food chain Jollibee Foods Corporation (JFC) has opened its first Canadian outlet, Jollibee Winnipeg.

    With 35 stores already in North America, it plans to continue its march into Canada with three more outlets next year, at Winnipeg Northgate, Scarborough, and Mississauga, to be followed by Edmonton in 2018.

    In the US, it is also set to open its first store in the state of Florida, in Jacksonville, and its first store for Manhattan, New York.

    “It has been a joy to see the happiness families experience when visiting our locations in the US, and we are thrilled to now bring that same feeling into Canada at such a festive time like this,” says JFC group president for north America and foreign franchise brands Jose Minana.

    “Winnipeg is a fitting choice for Jollibee’s first Canadian store because it has largest density of Filipinos to the total population of the city,” says JFC North America VP/GM Maribeth dela Cruz.

    JFC is currently the largest Asian restaurant company in market capitalisation, working in 12 markets including Brunei, China, Hong Kong, Singapore and Vietnam. It has 3236 stores globally, of which 1111 are Jollibee branded. Other brands in its portfolio are Burger King, Chowking, Greenwich, Hong Zhuang Yuanm Mang Inasal, Red Ribbon and Yonghe King.

    JFC also has investments with the brands 12 Hotpot, Highlands Coffee, Pho 24, Dunkin Donuts in China, and US-based burger chain Smashburger.

  • Jollibee Foods counts down to 1000

    Jollibee Foods counts down to 1000

    Jollibee Foods (JFC) has opened the 991st branch of its flagship brand Jollibee in the Philippines, in the Ma-a area of Davao.

    It marks the start of its countdown to its 1000th store, to be unveiled in the first quarter of next year. Its expansion is spread around Cebu, Luzon and Metro Manila “so all the regions will be well represented”, says Jollibee corporate PR and events manager Dennis Reyes.

    “The 1000th store is symbolic, but we cannot divulge yet the exact location,” he says.

    The company opened its first branch in Cubao, Quezon City, and its latest story is the 26th in Davao and 115th in Mindanao.

    Reyes says the countdown campaign is part of Jollibee’s way of thanking its patrons, celebrating its continued expansion as well as the contribution to the local economy with an average of 70 jobs created for every new branch.

    JFC is investing P10.4 billion (US$214.8 million) for capital expenditure this year, with P7.5 billion set for the opening of 200 outlets as well renovations.

    For its latest six months, JFC netted P3.06 billion, or 13.4 per cent more than the same period last year, following a 14.9 per cent increase in system-wide retail sales to P71.45 billion.

    At the end of June, the company had 2528 restaurant outlets in the Philippines under the brands Burger King (62), Chowking (457), Greenwich (237), Jollibee (939), Mang Inasal (455) and Red Ribbon (378).

    JFC also has a 50 per cent interest in 12 Hotpot, Highlands Coffee and Pho 24 (Vietnam), plus a 40 per cent interest in Smashburger (US).

    Outside the Philippines, Jollibee has 80 stores including Vietnam (32) and Hong Kong (1).

  • Jollibee swallows up Mang Inasal Philippines

    Jollibee swallows up Mang Inasal Philippines

    Jollibee Foods Corp (JFC) has fully acquired its subsidiary Mang Inasal Philippines for $43 million (P2 billion).

    JFC, Asia’s largest quick-service restaurant company, bought the 30 per cent share remaining from the 70 per bought in 2010 for P3 billion.

    “JFC shall pay for the shares in cash. There will be no changes in the business conduct and direction of Mang Inasal resulting from this acquisition except that the Board of Directors of Mang Inasal will, completely henceforth, be composed of representatives of JFC,” the company said.

    Jollibee has been no.1 in Asia and no.10 worldwide in terms of market capitalisation among publicly listed quick-service restaurants.

    Mang Inasal is a Filipino brand known for its chicken inasal (roasted chicken) and unlimited rice. It has over 450 stores nationwide.

    Jollibee announced its goal of joining the world’s top 10 fast-food brands. Its aggressive buying overseas are priced up to $100 million. It has 3023 outlets worldwide, 2393 of which are in the Philippines.

    It also operates Philippine brands Red Ribbon bakery chain, Greenwich pizza parlours and Chowking Chinese restaurants.

    Overseas, JFC’s subsidiaries and affiliates develop and operate international brands, such as Yonghe King, Hong Zhuang Yuan and San Pin Wang brands under the SuperFoods Group, and 12 Hotpot.