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Press Release: Food and Beverage

Article99.com logoRed Ribbon Bakery and the Red Bug
Syndicated By: Article99.com »

Pasay City, Manila, Philippines (PRarticle.com) - On 2005, the Red Ribbon Bakeshop was acquired by one of the most popular fast food chain here in the Philippines, the Jollibee Food Corporation.

17

Oct, 2008



Jollibee Food Corporation, a conglomerate of popular fast-food chains in the Philippines, is the biggest and the most popular chain of fast food restaurants in the Philippines. As of December 2007, Jollibee Food Corporation has become one of the biggest fast-food chains all over the world with 1,635 stores worldwide and total sales of more than $1 billion. Currently the biggest fast-food chain in the country, it has made a lot of major expansions from other countries such as United States, Saudi Arabia, Hong Kong, Vietnam, Indonesia, Dubai and Brunei. It has also made several major acquisitions of other popular fast food chains throughout the Philippines. As of February, 2008, Jollibee Food Corporation has 1,385 stores in the Philippines namely: Jollibee which has 625 stores, Chowking which has 376 stores, Greenwich Pizza which has 237 stores, Red Ribbon Bakeshop which has 192 stores, Délifrance which has 27 stores and Tio Pepe which has 2 stores. It has 186 stores overseas. Among of its most popular acquisition is Red Ribbon Bakeshop. Red Ribbon Bakeshop is a popular fast-food chain and bakery in the Philippines and United States, offering a wide range of cakes and pastries. The chain first served us with their scrumptious cakes in 1979 in Quezon City along Timog Avenue and started franchising in 1999. In 1984, Red Ribbon Bakeshop first served its cakes in its US branch in West Covina, California. Now, there are more than 170 branches of Red Ribbon Bakeshop serving their unique cakes all over the Philippines and 19 bakeshop branches in the US. It currently has 6 commissaries nationwide and 3 in the US. With its acquisition in October 2005 by Jollibee Foods Corporation, Red Ribbon Bakeshop entered a new phase in its company history. Thus, Red Ribbon Bakeshop aims to become the biggest and fastest-growing bakeshop in the Philippines. Red Ribbon Bakeshop is the only bakeshop that can offer their customers with some of the most unique and delicious cakes and pastries nationwide. But if you’re looking for a service that provides the convenience of selling Red Ribbon Bakeshop cakes online and delivery services, then that would only with Express Regalo. For more information about Red Ribbon Bakeshop cakes, visit Express Regalo at www.expressregalo.com.



Company Information:

Express Regalo is among of the top online Philippine shopping site that offers fast and convenient way of sending flowers and gift Philippines to your loved ones back home. Providing Personal Shopping Service and ordering online, by phone or any nearest LBC Branches.

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