Friday, March 28, 2008

Jollibee launched 1,645th store

Philippine fastfood king Jollibee Foods Corp. opened a new store at Jia Ning Na Mall in Shenzhen, China yesterday (Mar. 26), reaching 1,645 store count worldwide.

As of Feb. 28, the Jollibee group had a total of 1,385 stores in the Philippines, which include 625 Jollibee outlets, 376 Chowking outlets, 237 Greenwich outlets, 192 Red Ribbon outlets, 27 Delifrance outlets, and two Manong Pepe outlets.

In foreign operations, it had 102 Yonghe King stores and one Chun Sui Tang store in China, 14 Jollibee and 12 Chowking outlets in the United States, nine Chowking stores in Dubai, five Chowking stores in Indonesia, and 21 Jollibee outlets in other countries.

In 2007, the company generated more than Php51-billion in sales and ended up with a 9.6% growth in net income. Due to its strong performance abroad, the company plans to open more stores overseas.

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