MANILA - Jollibee Foods Corp said Friday it made available ready-to-cook items in select stores for take-out or drive thru after it closed outlets to dine-in customers during the 1-month lockdown of Luzon.
A limited time offer "ready-to-cook" menu went viral online which includes the marinated and spicy version of its famous Chickenjoy.
In a response to a Twitter user, Jollibee said "the ready-to-cook-items are available in Jollibee stores nationwide that are open for take out and drive thru, until supplies last."
Ready-to-eat beef tapa, tuna pie, french fries and grated cheese are also available, based on the menu. Participating branches are listed on its official website, JFC said.
Restaurants are allowed to operate take-out and delivery services during the Luzon-wide COVID-19 lockdown effective until April 12.
source: news.abs-cbn.com
MANILA -- Jollibee Foods Corp said Friday it raised $600 million (P30.5 billion) from its first ever bond issue, which will help fund its overseas expansion.
Proceeds from the sale will be used primarily to finance short-term debt from its acquisition of The Coffee Bean and Tea Leaf, the Philippines' largest fastfood operator told the stock exchange.
It was the first bond issue since Jollibee listed on the stock exchange in 1993. The offer was upsized from $400 million due to strong demand, Jollibee said. The securities will be listed in Singapore.
"The objective of management for this issuance is to further strengthen the balance sheet of JFC to build a stronger foundation for accelerating its growth in order to achieve its vision to become one of the top 5 restaurant companies in the world.
source: news.abs-cbn.com
MANILA -- Over a thousand patrons lined up for hours on Saturday to mark the opening of Jollibee in Guam, its 38th store in the US, the Philippines' largest fast food operator said Saturday.
The store's first customer, Landon Laureano waited in line for 12 hours. Located in front of the Micronesia Mall in Dededo, it can seat 205 people.
Jollibee Foods Corp recently announced its accelerated North American expansion plan, which includes growing to 150 locations in the US and 100 in Canada over the next 5 years.
The company continues to expand globally, opening stores in Manhattan in New York, Vietnam, Brunei, Singapore, and Hong Kong.
source: news.abs-cbn.com
LONDON - Home-grown restaurant operator Jollibee on Wednesday shared on its social media account photos of Philippine government officials visiting its first London outlet.
Socioeconomic Planning Secretary Ernesto Pernia, Tourism Secretary Bernadette Romulo-Puyat, Budget Secretary Benjamin Diokno, Finance Secretary Carlos Dominguez, Trade Secretary Ramon Lopez DPWH Secretary Mark Villar and Transportation Secretary Arthur Tugade were among those photographed in front of Jollibee's first store in Earl's Court in UK.
The Cabinet officials are currently in the UK for a high-level economic briefing.
Jollibee Food Corp said its London outlet will open on Oct. 20.
British Ambassador to the Philippines Daniel Pruce said he was among the first lucky customers to get a preview of London's first Jollibee branch.
source: news.abs-cbn.com
MANILA - Jollibee Foods Corp said Thursday it signed a purchase agreement for the acquisition of an additional 45-percent stake in US-based Smashburger.
Plans for the $100-million acquisition, which will be made by Jollibee subsidiary Bee Good! Inc, was first announced in February.
The transaction will raise the stake of the Philippines' largest fastfood operator in Smashburger to 85 percent.
Jollibee shares were down 1.91 percent in early trading compared to a 0.57-percent decline in the main index.
source: news.abs-cbn.com
