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Golden Arches Development Corp (GADC) is planning to invest up to PHP2 billion (US$38.4 million) so McDonald’s Philippines can open at least 40 new stores this year. Majority owned by chairman/founder Dr George Yang and his family, GADC is the master…
Local franchisee, Golden Arches Development, expects McDonald’s Philippines to reach 500 stores in 2016 and 900 in coming years. Golden Arches VP for marketing Margot Torres said in an interview, “We are going to hit the 500 stores before the end of the year…
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