Jollibee Hanoi makes it five
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Jollibee Hanoi has opened its fifth outlet, taking its Vietnam store count to 81.
“The outlet in To Hieu St in Cau Giay district is a key, strategic location for us to serve customers,” Tran Ngoc Hoai Thuong, PR manager at Jollibee Vietnam, said in an interview.
Earlier, Jollibee Vietnam announced plans to add 20 outlets in the country every year, and that it would seek partners for further expansion through franchising.
Jollibee Foods Corp (JFC), Jollibee’s parent company, has reported that its system-wide sales grew by 15.1 per cent in the second quarter compared to sales for the same period of 2015.
As of June 30, JFC has a 50 per cent interest in joint ventures with Highlands Coffee (Vietnam, Philippines), Pho 24 (Vietnam, Indonesia, Cambodia, Korea and Australia) and 12 Hotpot (China). It also has a 40 per cent interest in Smashburger that has 366 outlets, mostly in the US.
JFC was operating 2528 restaurant outlets in the Philippines and more than 600 abroad, according to its latest financial report.
Questions & Answers
Q.How many Jollibee outlets are now operating in Vietnam?
How many Jollibee outlets are now operating in Vietnam?
Jollibee now has 81 outlets in Vietnam. The latest opening is its fifth location in Hanoi, situated in the To Hieu St in Cau Giay district.
Q.What are Jollibee Vietnam's plans for future growth?
What are Jollibee Vietnam's plans for future growth?
Jollibee Vietnam plans to open 20 new outlets annually in the country. It also intends to seek partners for further expansion, likely through franchising arrangements.
Q.How much did Jollibee's parent company's sales grow in the second quarter?
How much did Jollibee's parent company's sales grow in the second quarter?
Jollibee Foods Corp (JFC) reported a 15.1 per cent increase in system-wide sales during the second quarter. This growth is compared to the sales achieved in the same period of 2015.
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