Japanese retailing chain FamilyMart, a retail store chain brought to the Philippines by the Ayala and Rustans groups, plans to scale up its operations to hit 300 stores over the next five years.
During her trips to Holland, full-time mom Maribel Bosch enjoyed eating kroket, a famous potato snack in the Netherlands.
The combined sales of the members of the Association of Filipino Franchisers Inc. (Affi) are expected to grow by 25 percent this year on increased membership as well as growth of existing members.
Successful food suppliers, including restaurants, can significantly help farmers. This is because they can provide the farmers with long-term agreements covering specific agricultural products.
The thrift bank unit of the Bank of the Philippine Islands has thrown its weight behind the country’s franchising industry, recently unveiling a financing facility aimed at helping budding entrepreneurs participate in “tried and tested” business chains.
The local franchising industry is targeting a conservative 20 percent growth this year, to be fueled largely by an expected increase in investments made by overseas Filipino workers (OFW).
Following the food and retail boom, services are expected to be the next big thing in the franchise industry, with the Philippines seen to do well in this area due to Filipinos’ service-oriented nature. Philippine Franchise Association chairman emeritus and father of Philippine franchising Samie Lim said that potential franchisers and franchisees would do well [...]
MANILA, Philippines—Premium ice cream Häagen-Dazs, a unit of US-based global food giant General Mills Inc., has unveiled plans to expand more rapidly in the Philippines, particularly by making use of the franchising route. In a press statement, Häagen-Dazs regional marketing director Trevor Pickard said local General Mills subsidiary HD Marketing and Distribution Philippines Inc. would [...]
Homegrown food chain Binalot Fiesta Foods has launched a franchising scheme that will allow franchisees to not be so hands-on in the business, but still be sure of its success. Binalot president Rommel Juan explained that under the company’s new company supervision scheme (CSS) for franchisees, Binalot will assign a full-time manager to manage the [...]
The Philippine Franchise Association is seeking incentives from the Board of Investments, to further elevate the standards of franchised businesses here and to make franchising an even more lucrative alternative for Filipinos wanting to break into business. In an interview Friday, PFA chair emeritus Samie Lim said that while some franchised businesses here—including retail— are [...]
The Association of Filipino Franchisers Inc. (AFFI) is urging the government to become a signatory to the Madrid Protocol, to cut the costs of registering trademarks abroad and allow more small and medium enterprises to penetrate the international market. AFFI founding chairperson Teresa Laurel said homegrown brands and trademarks need not register in each of [...]
THE LOCAL franchising industry is expected to grow by as much as 70 percent in 2012, with more international brands seen entering the country in the latter part of this year. In an interview Friday, Philippine Franchise Association chair emeritus and World Franchise Council chair Samie Lim said this was the best time to invest [...]
