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Tag: Jollibee

  • Jollibee celebrates 100th store in Vietnam 

    Jollibee celebrates 100th store in Vietnam 

    Jollibee Vietnam is celebrating the opening of its 100th store, in the Mekong Delta city of Can Tho.

    “Vietnam is home to our largest Jollibee network outside of the Philippines, and as such will always hold a special place in Jollibee’s history,” says Jollibee Foods Corporation (JFC) CEO Ernesto Tanmantiong. “From our humble beginnings as an ice-cream parlor in the Philippines, it gives us joy that more and more people are loving Jollibee, helping us grow to become one of the major global foodservice companies.”

    To mark the milestone, Jollibee Vietnam is giving away 100 buckets of its chicken, branded ‘Chickenjoy’ and other freebies at all of its outlets in the country.

    “Our business in Vietnam has been a core pillar of our international work and will continue to be one of our most important markets globally,” says JFC head of international business Dennis Flores.

    Jollibee opened its first branch in Ho Chi Minh City in 2005, and is now one of the three largest convenience-food chains in Vietnam.

    With a home network of 1000 stores, Jollibee Foods Corporation is the largest Asian foodservice company and the largest restaurant owner in the Philippines. It has has more than 3600 stores globally as well as investments in such brands as 12 Hotpot, Highlands Coffee, Pho 24, Dunkin Donuts in China, and US-based burger chain Smashburger.

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  • Jollibee Foods to try Guam after a decade withdrawal

    Jollibee Foods to try Guam after a decade withdrawal

    Filipino fast-food giant Jollibee Foods plans to re-enter Guam this year after pulling out more than a decade ago as the islands went through an economic downturn.

    Jollibee Foods assistant VP/head of international franchising Maxi Peralata Jr says it will open a restaurant in a strategic location in the fourth quarter, near Marine Corps Drive and Route 16/Army Drive in Dededo.

    The outlet will be built within the Micronesia Mall compound, but this has not been confirmed by the mall’s management.

    Peralta says a franchisee has been appointed. He has not disclosed the franchisee’s identity but says their partner has business interests in Guam and the Philippines.

    Jollibee had two franchised restaurants on Guam and two on Saipan, but its Marianas presence ended with the economic downturn. Jollibee also had trouble competing with Guam players offering larger portions.

    Internationally, Jollibee has 139 stores – 72 in Vietnam, 32 in the US, 19 in the Middle East, 13 in Brunei, two in SIngapore and one in Hong Kong.

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  • Jollibee is Hiring For its Upcoming Mississauga Location

    Jollibee is Hiring For its Upcoming Mississauga Location

    You’ve waited so patiently for Mississauga’s very first Jollibee location and while you will have to wait a little longer to chow down on its extremely popular offerings, you can apply to work there now.

    The soon-to-open Jollibee restaurant, a popular fast food brand from The Philippines, will take shape inside the recently opened Seafood City Supermarket in Heartland Town Centre. But while the resto isn’t slated to open until 2018, the brand is already hiring.

    According to Jollibee’s website, it’s currently looking for a restaurant manager for the Mississauga location (it’s also looking to hire for the same position in Scarborough, so let your east end friends know if they’re in the market for a foodservice position).

    The brand is also looking for a store supervisor and general “crew members” to help with the day to day work of running a bustling quick-service joint.

    Note that restaurant managers and store supervisors must have some academic and professional credentials.

    Part-time and full-time positions are available and all applicants must present proof that they are eligible to work in Canada.

    As for exactly when the resto will open, Heartland Town Centre and Seafood City representatives say that Jollibee is slated to open early in the New Year, which means you’ll get to warm up with a burger this coming January or February.

    The brand offers a range of Asian and North American staples, boasting traditional fast-food hamburgers, spaghetti (which is definitely an unusual find at quick-service chains), fried chicken, garlic pepper beef, spring rolls, corned beef breakfast dishes and more.

    As for Seafood City, that was exciting opening in and of itself.

    For those who don’t know, Seafood City is a Filipino supermarket with over 20 locations in the U.S. The brand specializes in Filipino food and products and Mississauga is now home to the chain’s first Canadian location. The store officially opened its doors in September.

    Jollibee will joint a host of other quick-service spots inside the supermarket, including Grill City, Noodle Street, Crispy Town and Valerio’s Bake Shop (which just opened this month).

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  • Jollibee to open 15 more outlets in Singapore, eyes 150 in Indonesia

    Jollibee to open 15 more outlets in Singapore, eyes 150 in Indonesia

    The famous Philippine chicken joy is spreading its wings across Asia as home-grown fast-food chain Jollibee announced Friday its plans for expansion in Singapore and Indonesia.

    Dennis Flores, Jollibee president and head of international business in Europe, Middle East, Asia and Australia, confirmed that 15 more outlets will be opened in Singapore in the next five years.

    He also revealed the company’s long-term expansion plans in Indonesia.

    “We’re looking at putting up no less than 150 stores in Indonesia over the next 10 years,” Flores told ABC-CBN News.

    Jollibee opened its first outlet in Singapore in 2013 located at Lucky Plaza, a known hub for overseas Filipino workers. Flores said, a 6th outlet will open at Jurong East in April 2018.

    He said the growing number of Singaporean patrons is proof that “Jollibee’s offerings have greatly appealed to the taste buds of the locals.”

    Aside from Indonesia and Singapore, Jollibee is looking into growing its international store network in Malaysia and Macau.

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  • Jollibee tries bicycle delivery service

    Jollibee tries bicycle delivery service

    Home-grown fast food chain Jollibee rolled out its fleet of eco-friendly delivery bicycles in key cities in the metro.

    Fat bikes were spotted bringing bestseller chickenjoy to consumers, in a bid to lessen pollution in central business districts (CBDs), a company official said Tuesday.

    The ‘Jollibee Bike Delivery Service,’ launched last November, serviced selected stores in Makati, Ortigas, BGC and Metro Cebu. It was also available in Laguna and Cavite, Arline Adeva, Jollibee’s AVP for Brand Communications and PR told ABS CBN News.

    “We are the first to launch the Jollibee Bike Delivery Service in the Philippines and so far, we are the only one exploring the service,” Adeva said.

    “The primary advantage of using bikes is really to lessen carbon emission especially in CBDs where it’s highly congested,” she added.

    There are 40 fat bikes traversing the streets to deliver orders in areas near selected branches. Adeva said the bikes were customized for stable travel and are equipped with waterproof and dust-proof thermal bags to ensure superior food quality.

    Riders’ safety will also be a priority, with road safety trainings and helmets provided for the delivery staff.

    “We also conduct trainings for our riders to ensure they understand speed limits, making use of the bike lanes, and also to use their blinkers at night time,” she added.

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  • Jollibee poultry plant gives chicken farmers new income opportunity

    Jollibee poultry plant gives chicken farmers new income opportunity

    Cargill Joy Poultry Meat Production Inc. opened on Tuesday, giving chicken farmers in Batangas and nearby provinces new income opportunities, Jollibee Foods said Wednesday.

    A joint venture between Jollibee Foods and Minneapolis, USA-based Cargill , the largest poultry processing plant in the country has a yearly capacity of 45 million chickens.

    “The plant increases income opportunities for local poultry farmers in Batangas and nearby provinces as they will supply the chickens to be processed at the JFC facility,” according to Jollibee Foods.

    The poultry plant in Santo Tomas, Batangas will supply the demand of JFC bands with dressed and marinated chicken.

    “C-Joy is partnering with local poultry farmers in Batangas and nearby provinces to supply the new facility with chicken,” according to Cargill.

    “We are looking forward to producing the chickens that will be supplied to the C-Joy plant to meet the poultry meat requirements of Jollibee,” said Vic Lao, president of Highcrest Corp., a partner-grower of the C-Joy.

    Cargill and Jollibee Foods revealed the partnership in May last year, saying the processing plant will create an estimated 1,000 new full-time jobs in Batangas.

    They said the plant will be 70-percent owned by Cargill Philippines which will oversee the setting up, management, and operations, with Jollibee Foods owning 30 percent.

    JFC invested P244.9 million in the processing plant, and P15.2 million in Cargill Joy Poultry Realty Inc. from which C-Joy leased the land to build the facility.

    The poultry processing plant is industry positive, according to the United Broilers Raisers Association.

    “This is positive for the industry as this will promote competition among big market players like San Miguel and Bounty fresh,” UBRA president Bong Inciong told GMA News Online.

    “Maganda rin ‘yan kasi kaunti lang ‘yung big players. So, healthy for the industry na may competition sila. Also, ‘yung mga small farmers will be given opportunity to grow kasi meron silang bagong malaking client,” he added.

    Summit Securities Inc. president Harry Liu said the development will have an impact on the financial condition of Jollibee Foods.

    “I think it will help the bottom line. I am sure they are doing this investment for future requirement and steady supply for the business now and in the future,” he said in a separate text message.

    JFC closed the third quarter with a net profit of P1.62 billion, up 21.1 percent from a year earlier.

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  • Jollibee International Expanding in Singapore

    Jollibee International Expanding in Singapore

    Philippine fast-food giant Jollibee International is opening at least 15 more outlets in Singapore in the next five years, with an incursion into Indonesia in 2019.

    Jollibee president and head of international business Dennis Flores says the Manila-based company will open its sixth store in Singapore in Jurong East in April. It joins the line-up of two stores at Lucky Plaza and one each in Changi, Novena and Paya Lebar.

    “We’ve gone to another level – half our customers now are Singaporeans, not just Filipinos,” says Flores. Jollibee opened its first store at Lucky Plaza in March 2013. While Filipinos formed queues, few Singaporeans went there – “only brave souls”.

    A second outlet at the mall’s basement drew more local diners, and Jollibee has since picked locations more accessible to Singaporeans. “The patronage of Singaporeans is really giving us a lot of encouragement…Our ability to connect with the Singaporean palate gives us a lot of excitement and encouragement that we can fulfil our goal to open 15 more stores,” says Flores.

    Meanwhile, the company aims to enter the 260-million-strong Indonesian market in 2019. “It’s a market we can’t ignore. It’s a chicken market – the big players are all ‘chicken players’.”

    Jollibee is hoping to open 150 stores in Indonesia in 10 years.

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  • Jollibee closes 12 Hotpot Resturants in China

    Jollibee closes 12 Hotpot Resturants in China

    Jollibee Foods Corp (JFC) has closed its restaurant chain 12 Hotpot in Mainland China.

    The 16 Shanghai-area stores were shut down by its subsidiary, 12 Hotpot (Shanghai) Food and Beverage Management, a 48 per cent-owned JV with WJ Investments.

    It was formed in August 2012 when JFC’s wholly owned subsidiaries Jollibee Worldwide and Golden Plate entered into an agreement with Hoppime, a subsidiary of Wowprime Corp of Taiwan and some of its key executives. The idea was to establish WJ Investments to own and run 12 Hotpot in China, Hong Kong and Macau.

    With the discontinuation of the mainland business, 12 Hotpot (Shanghai) then the JV will be liquidated.

    “JFC will focus on building its larger and fast-growing businesses in China and other parts of the world,” says the company.

    At the end of September, JFC had 3644 stores in its worldwide network. It also has a 40 per cent interest in Smashburger with 355 outlets, mostly in the US. In China its businesses include Yonghe King (305 stores), Hong Zhuang Yuan (44) and Dunkin’ Donuts (18).

    The company has also been running Happy Bee Foods Processing to supply products to its restaurants.

    In the Philippines, JFC has the largest foodservice network with 2756 restaurant, namely Jollibee (1023 outlets), Chowking (510), Mang Inasal (471), Red Ribbon (411), Greenwich (262) and Burger King (seven).

    JFC’s overseas stores include Highlands Coffee (219 including 193 in Vietnam and 26 in the Philippines), Jollibee (186 including 93 in Vietnam, five in Singapore and four in Hong Kong), Pho 24 (31 including 15 in Vietnam, 14 in Indonesia and one in Korea), and Hard Rock Cafe (8 with three each in Hong Kong and Macau, and two in Vietnam).

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  • Jollibee Foods knocking on door in UK

    Jollibee Foods knocking on door in UK

    Jollibee Foods may open its first store in the UK by next year, says British Ambassador to the Philippines Daniel Pruce.

    This followed him visiting Jollibee’s 1000th branch in a “show of support” for plans by the Philippines’ largest fast-food company to expand to the UK, where tens of thousands of Filipinos are living.

    The Philippine company has already sealed a deal with Singapore’s Blackbird Holdings which will see it enter continental Europe, starting with Italy.

    Jollibee is also reportedly in talks to acquire a stake in British-based sandwich and coffee chain Pret-A-Manger.

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  • Jollibee Kauswagan Diversion 20th store for city

    Jollibee Kauswagan Diversion 20th store for city

    Fast-food giant Jollibee has opened its 20th branch in Cagayan de Oro City – the drive-through store Jollibee Kauswagan Diversion.

    It is beside a gas station along San Pedro Street, and close to the villages of Bayabas, Bonbon and Kauswagan.
    The store is also the 126th Jollibee fast-service restaurant in Mindanao.

    Its blessing and inauguration was attended by Jollibee executives and Cagayan de Oro politicians.

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  • Jollibee linked to Pret-A-Manger bid

    Jollibee linked to Pret-A-Manger bid

    Philippines-based Jollibee Foods is reportedly running the numbers to buy gourmet sandwich and coffee chain Pret-A-Manger.

    Sources have told Reuters news agency that the Pret-A-Manger bid would value the business at in excess of US$1 billion, and close to the $1.1 billion it achieved in sales last year.

    While at first glance the Filipino food concept – which has low-cost burgers, chicken pieces and fries as its staple menu – seems an unlikely bedfellow for the London-based sandwich concept which targets office workers, Pret-A-Manger’s previous owners have included US fast-food giant McDonald’s.

    Quoting “sources familiar with the matter”, Reuters said Jollibee has been holding in-camera talks with an advisor over a bid for Pret-A-Manger, affectionately known by its customers as ‘Pret’.

    Jollibee Foods, founded by entrepreneur Tan Caktiong in 1975, recently opened its 1000th Jollibee restaurant in the Philippines and has 2700 stores in all, including in Hong Kong, China, Vietnam and the US. The company is valued at $5.2 billion and its portfolio also includes joint ventures owning Highlands Coffee and Pho 24 (in Vietnam), Smashburger (the US), Chowking (China) and Burger King (Philippines). Its domestic brands include Greenwich, Mang Inasal, Chowking and Red Ribbon.

    Pret has about 400 stores worldwide, including a small network in Hong Kong, selling breakfasts, hot beverages, cakes, its own snack foods and its core sandwich offer.

    The company is owned by private equity company Bridgepoint, which earlier this year was reportedly mulling a listing on the New York Stock Exchange.

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  • Jollibee gains control of SuperFoods Group

    Jollibee gains control of SuperFoods Group

    Jollibee Foods gained control of the joint venture behind the Highlands Coffee and Pho 24 brands ahead of a plan to list the latter in Vietnam’s stock market.

    In a disclosure, the homegrown fastfood giant said its subsidiary JSF Investments Pte. Ltd hiked its stake in the SuperFoods Group to 60%, while its partner Viet Thai International Joint Stock Co. (VTI) reduced its interest to 40% from the previous 50-50 ownership share.

    The adjustment was considered a “key step” in their plan to list SuperFoods Group in Vietnam’s equities market by July, 2019 and will allow JFC to include the joint venture in its financial consolidation, the Philippine company said.

    The SuperFoods Group owns and operates the brands Highlands Coffee and Pho 24 and is a franchisee of Hard Rock Cafe in Vietnam, Macau and Hong Kong. At end March, it had 216 stores across these three brands.

    JFC will take the lead in the capital raising activities for the joint venture and will work with various financial institutions in Vietnam and other parts of Asia to finance the aggressive expansion program of the SuperFoods Group.

    In the next three years, the SuperFoods Group plans to open 485 stores, mostly in Vietnam, while expanding the brands through franchising in other parts of Asia and in Australia.

    The SuperFoods Group gives JFC presence in four new foreign territories — Indonesia, Cambodia and Australia. The local food service company is now present in 17 countries outside the Philippines and plans to enter Malaysia as part of its expansion in Southeast Asia.

    The SuperFoods joint venture is one of the fastest growing businesses in the JFC Group. System wide sales hit $58 million in 2016, up 46% from the prior year, driven by the 73% expansion of Highlands Coffee.

    JFC plans to build a “significant” business in Vietnam given its potential to become a large consumer market. Like the Philippines, Vietnam has a high population at 95 million and has enjoyed robust economic growth, which stood at 6.2% last year.

    The listed company already owns and operates 84 restaurants under its flagship Jollibee brand in Vietnam at the close of 2016, with sales from these stores rising by an annual 47%.

    JFC operates the largest food service network in the Philippines. At end March, it had 2,684 restaurant outlets under the brands Jollibee, Chowking, Greenwich, Red Ribbon, Mang lnasal and Burger King. Abroad, it operated 620 restaurants, including the brands Yonghe King, Hong Zhuang Yuan and Dunkin’ Donuts.

    In addition, JFC maintains interest in joint ventures operating 611 stores worldwide. Aside from its interest in SuperFoods, it owns 40% of US chain Smashburger and 48% of 12 Hotpot.

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  • 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).

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  • Jollibee to continue stinging McDonald’s despite labor issues

    Jollibee to continue stinging McDonald’s despite labor issues

    Jollibee Foods Corporation’s largest brand has been experiencing some financial challenges since July 2016 due to the rising cost of raw materials and contractualization issues in the Philippines. But despite these, the homegrown fast-food chain expects to maintain its lead against rival McDonald’s Philippines, driven by its network expansion and product innovation.

    Jollibee, known for its Chickenjoy fried chicken and sweet spaghetti, told the Philippine Stock Exchange that the brand expects to maintain a “significant lead” over its key competitor in the coming years.

    This was despite two price increases last year due to higher raw material costs and the Philippines’ new regulations on contractualization, which resulted to increased labor expenses.

    “These price increases did not adversely affect consumer purchase volume regardless of income class. Over the past years, the pricing of Jollibee had been at parity with key competitors,” Ysmael Baysa, chief finance officer and corporate information officer of Jollibee, told the local bourse on Wednesday, March 29.

    Baysa said this in reaction to an analyst report from Macquarie, saying that McDonald’s has been closing in on Jollibee in terms of preference and that the new labor rules could affect its leading position in the Philippine market.

    Baysa said Jollibee has been incurring the costs of those steps since the 3rd quarter of 2016.

    Because of this, Jollibee said the cost of labor will be higher in the first half of 2017 versus the same period in 2016. However, the labor cost increase in the 2nd half of 2017 over the same period of 2016 will be at a normal rate.

    At present, Jollibee already has 978 stores nationwide, while McDonald’s has 521 stores.

    David and Goliath

    McDonald’s had said that it plans to open 45 stores this year, while Jollibee said it continues to enjoy higher sales in the Philippines based on its latest financial report.

    Jollibee’s same store sales growth in the Philippines in 2016 stood at 8.3%, driven by higher customer traffic and higher amount of purchases per visit per customer compared with a year ago.

    Moving forward, Jollibee said the growth in its brand in the Philippines will continue at a strong pace, at least sustaining the number of new store openings in the past two years.

    “The Jollibee Group of Companies had faced many challenges in the past. It had emerged stronger from these challenges and its profit recovered quickly. It has one of the most consistent sales and profit growth track records among all public companies in the Philippines, while sustaining one of the highest returns on equity (ROE) at 18% to 22% annually over different economic cycles,” Baysa told the local bourse.

    Overall, Baysa said Jollibee’s share in burgers, fried chicken, and spaghetti “actually increased in 2016 from its key competitor,” which is McDonald’s.

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  • Jollibee US moving into Florida

    Jollibee US moving into Florida

    Jollibee US will open its first fast-food restaurant in Florida on March 18, to be followed by more outlets in the city.

    A former A&W Restaurants and Kentucky Fried Chicken building covering nearly 3500 sqft (325 sqm) in Jacksonville has been renovated by the Philippines-based chain. It is next to The Potter’s House Soul Food Bistro in Keman Village shopping centre.

    Starting as an ice cream parlor in the Philippines in 1975, Jollibee expanded into the US in 1998, opening in Daly City, near San Francisco, to cater to Filipino and Filipino-American families. The Jacksonville metro area also has a Filipino community of about 17,200 people, according to the US Census Bureau.

    Jollibee says the Jacksonville move is the forerunner of further expansion in the US, where it already has 35 locations, nearly half of them in California. The group has 1111 stores worldwide.

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