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McDonald's Philippines, known locally and colloquially and shortened as McDo [3] (), is the master franchise of the multinational fast food chain McDonald's in the Philippines. The master franchise is held by the Golden Arches Development Corporation , a subsidiary of Alliance Global Group .
The group in May 2018 announced its plan for a further shift to the franchising model within the next five years in a bid to boost the company's growth. At that time 69 of the Max's Group shares are owned by the company while the rest are largely owned by its franchise stores. [4] In November 2024, the Group's third-quarter net income dropped ...
The first iteration of the LTFRB was established on November 17, 1902, through the passing of Act No. 520. [2] The commission is in charge of classifying vessels, merchandise, and passengers in with reference to transportation under the coastwise trade, and fixing the maximum rates to be imposed on the vessels and merchandise of different classes, and people that are being moved from one point ...
Philippine Pizza, Inc. Popeyes: Fast food: 2019 Multinational chain of fried chicken fast food restaurants founded by Al Copeland. Closed its Philippine branches in 2007 due to a conflict with its local franchise holder, but later returned in 2019 to re-open seven stores. [19] [20] Potato Corner: French fries: 1992 Red Ribbon Bakeshop: Bakery: 1979
By 2014, it has grown to the second largest convenience store chain in the Philippines behind 7-Eleven with the opening of the 400th Ministop branch in Bonifacio Global City. [1] [5] In 2018, RRHI acquired Mitsubishi's stakes in the Ministop Philippines franchise to increase its stakes to 59.1 percent from 51 percent. [6]
In 1983, the Philippine operations became a branch of PepsiCo's New York office - PepsiCo, Inc. (Philippine branch) - and operated until 1985. Between 1985 and 1989, Pepsi-Cola Distributors of the Philippines, Inc. , a group identified with Filipino businessmen Ernest Escaler and Eduardo Cojuangco Jr. , took over the Philippine franchise.
The history of this grocery store company is something of an example of the changes that took place in food retailing during the 20th century beginning with self-service store design in the 1920s ...
The franchise experienced rapid expansion from the original 50 stores in 1994 to over 240 stores with an annual revenue of over ₱4 billion in 2005. Expanding further through 2011, the corporation had opened over 330 stores. [4] Greenwich Pizza later became a brand managed by Fresh N' Famous Foods, a subsidiary of Jollibee Foods Corporation. [5]