Quantcast
Article Index |Advertise | Mobile | RSS | Wireless | Newsletter | Archive | Corrections | Syndication | Contact us | About Us| Services
 
Thu, Oct 27, 2011 04:16 PM Philippines      25°C to 33°C
  HOME       NEWS     SPORTS     SHOWBIZ AND STYLE      TECHNOLOGY     BUSINESS     OPINION      GLOBAL NATION    SERVICES
Advertisement
Inquirer Mobile
Property Guide

INQUIRER ALERT
Get the free INQUIRER newsletter
Enter your email address:

 
Money/ Breaking News Type Size: (+) (-)
You are here: Home > Business > Money > Breaking News

  ARTICLE SERVICES      
     Reprint this article     Print this article  
    Send Feedback  
    Post a comment   Share  

  RELATED STORIES  




imns


Jollibee to expand cheap fast-food brand

Bets on shift in consumer taste

By Elizabeth Sanchez-Lacson
Philippine Daily Inquirer
First Posted 17:42:00 06/29/2008

Filed Under: Food, Restaurants & catering

MANILA, Philippines--Jollibee Foods Corp. is poised to aggressively expand its affordable, quick-service fast-food brand, Manong Pepe, as it bets on shifting consumer taste for cheaper quality food due to soaring commodity prices.

Manong Pepe, which serves low-priced homestyle Filipino meals, is embarking on an aggressive double-digit store count by the end of this year.

Manong Pepe president Rufino dela Rosa said the Jollibee business unit was expanding its stores to 12 by the end of 2008, from just one store opened last July 2007 at the Edsa Central Mall in Mandaluyong City. Manong Pepe currently has two more stores--one in Alabang and another on East Avenue in Quezon City.

"Manong Pepe caters to lower C and upper B markets. Typically a store will be profitable at P40,000 a day. It is a small operation and the customers are those who eat everyday. We are the top of mind for call center employees, taho vendors, jeepney drivers. Our focus is on Filipino food," Dela Rosa said.

So far, of the nine stores to be added, Dela Rosa identified six new locations--Lawton Avenue and Dapitan Street both in Manila, RCBC Building in Makati, Edsa Cubao bus terminal in Quezon City, Recto Avenue in Manila, and San Joaquin in Pasig City.

Manong Pepe will spend roughly P27 million or P3 million for each of the additional nine stores.

An average meal with rice and free soup costs between P39 and P49. A value or solo meal with rice, viand, free lumpia, free soup and a soda costs P57.

Manong Pepe features Filipino favorites such as adobo, caldereta, laing and picadillo. It also serves Filipino desserts such as halo-halo, maja blanca, bibingka and ginataang bilo-bilo. Three new products are added each week such as nilagang baka, bopis, bistek tagalog, sinigang na bangus, sinigang na baboy, Bicol express and kare-kare.



Copyright 2011 Philippine Daily Inquirer. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



Share

RELATED STORIES:

OTHER STORIES:



  ^ Back to top

© Copyright 2001-2011 INQUIRER.net, An INQUIRER Company

The INQUIRER Network: HOME | NEWS | SPORTS | SHOWBIZ & STYLE | TECHNOLOGY | BUSINESS | OPINION | GLOBAL NATION | Site Map
Services: Advertise | Buy Content | Wireless | Newsletter | Low Graphics | Search / Archive | Article Index | Contact us
The INQUIRER Company: About the Inquirer | User Agreement | Link Policy | Privacy Policy

Advertisement
Megaworld
Jobmarket Online
Inquirer VDO
BizLinq