Daily Tribune (Philippines)

JFC US expansion now at high gear

Our ‘People-First’ commitment means that we are responsibl­e for our employees and their families especially during these most challengin­g times

- BY RAFFY AYENG @tribunephl_raf

Fastfood king Jollibee Foods Corp. (JFC) plans to put up 37 new branches across the United States and Canada, as part of its North America expansion plans, to top off its goal until 2024 to put up 400 branches including those for its other brands such as Chowking and Goldilocks in the continent.

During the recently concluded virtual celebratio­n of the 75th Anniversar­y of the official establishm­ent of diplomatic relations between the Philippine­s and the United States, Luis Velasco, Vice President for Marketing of JFC, said Jollibee will be setting another record in its North American expansion plans.

“We plan to open 37 new restaurant­s across the US and Canada this year, as we work towards our goal of having more than 400 restaurant­s among our three brands by 2024. These investment opportunit­ies are anchored to build out our supply chain even more, creating additional partnershi­ps with companies in the US, and the ability to employ more people at our stores, and our headquarte­rs in Los Angeles,” he stressed.

US employer

Velasco said currently, JFC’s US operations employ over 4,000 persons in the United States, and its success is rooted in its people-focus culture that seeks to feed customers and business partners.

“We are proud to take on the challenge and the goal to transpose these positive values in family culture company, and build relationsh­ips wherever we operate. We are proud about making Jollibee a productive, joyful and fulfilling place to work and do business with. And we are proud of bringing beloved Filipino brands and products to more people in the US and around the world,” Velasco added.

He maintained that JFC is always thankful for the collaborat­ion and relationsh­ip between its home country and the US, airing that it looks forward to opening up more opportunit­ies in the years to come.

Caring amid the pandemic

During the onset of the worldwide pandemic, Velasco said JFC has also provided refuge to communitie­s and healthcare front liners, as stores have donated thousands of meals to healthcare workers and hospitals around the US.

“This is our own little way of showing our appreciati­on for the hospital workers and education service during the Covid-19 pandemic. With all these efforts, our US business saw continued expansion and continued growth across key business metrics, which has inspired us to further look ahead this year and the years to come,” he explained.

The Tony Tan Caktiong-led JFC began in 1975 as a small ice cream parlor, envisioned to make it big around the world.

Today, Jollibee is the number one most dominant fast food brand in the Philippine­s, with over 1400 stores, and the only market in the world where a local brand is bigger than any other fast food global giant.

Today the Jollibee group operates a portfolio of 17 brands, including Chowking and Goldilocks, with over 5800 restaurant­s in 35 countries.

We plan to open 37 new restaurant­s across the US and Canada this year.

“As we grow even bigger, we aspire to be among the top five restaurant companies in the world. The United States is a key pillar for us. We’re working hard to make it big in the US, the most competitiv­e market in the world. But we are doing it because of our mission to spread the joy of eating through superior tasting food, great value and joyful service,” Velasco emphasized.

After 23 years of operation in the US, JFC has establishe­d a total of 112 restaurant­s for its three major brands, with the continuous perspectiv­e to grow and operate in 12 states.

 ?? PHOTOGRAPH COURTESY OF CHAMBER OF THRIFT BANKS ?? Top banker meets rural peers The 2021 Board of Trustees of the Chamber of Thrift Banks held a virtual courtesy call on Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno (top left). The visit is in line with the 2021 CTB national convention slated on 12 October 2021 with the theme “Thrift Banks: Moving Forward to the Next Normal,” where the Governor is the keynote speaker.
PHOTOGRAPH COURTESY OF CHAMBER OF THRIFT BANKS Top banker meets rural peers The 2021 Board of Trustees of the Chamber of Thrift Banks held a virtual courtesy call on Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno (top left). The visit is in line with the 2021 CTB national convention slated on 12 October 2021 with the theme “Thrift Banks: Moving Forward to the Next Normal,” where the Governor is the keynote speaker.

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