Jollibee to launch Edinburgh, Glasgow stores
JOLLIBEE Foods Corp. (JFC) is set to open two stores in Scotland, with stores located in areas with a “large student presence and [an] active youth community.”
“This is an important moment for us as we introduce Jollibee to Scotland with not only one but two restaurants launching within a month, showing our commitment to expand in Europe,” JFC President and Chief Executive Offer Ernesto Tanmantiong said in a statement on Wednesday.
In April last year, the company said it wanted to have 50 stores across Europe in the next five years. The company said it had allotted €50 million for its expansion in the continent.
The listed fastfood giant said it is opening a store at 136 Princes Street in Edinburgh on Feb. 24, Thursday. Meanwhile, the second store will be located in Glasgow and will open on March 25, Friday.
JFC said both its Edinburgh and Glasgow stores will serve halal meat “to cater to all communities in both cities.”
“We are optimistic that opening now in Scotland is an opportune time for Jollibee and will bring customers something different and exciting. Most people have not been able to try new things in the last few years, so bringing the fun, joyful, and colorful Jollibee restaurant to customers will be a great start to 2022,” said Adam Parkinson, JFC’s business head for Europe.
Jollibee has over 1,500 stores in 17 countries. The brand has several stores in the United Kingdom, which are located in London, Cardiff, Newcastle, Nottingham, Liverpool, Leeds, Reading, and Leicester Square.
The company said sales from its UK stores rose 417% in the last 18 months.
JFC shares at the stock market closed higher by 0.88% or P2.20 to finish at P251 apiece. — Keren Concepcion G. Valmonte
