Philippine Economy Talk

[Monseratto]

SWS: Number of jobless adults reaches record-high 45.5%

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[Monseratto]

Jollibee, Chowking, Red Ribbon, Mang Inasal: Tan Caktiong shutters 23 stores from PH to US to China | Bilyonaryo

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[uls]

Jollibee, Chowking, Red Ribbon, Mang Inasal: Tan Caktiong shutters 2?3 stores from PH to US to China | Bilyonaryo

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203 stores

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[uls]

SWS: Number of jobless adults reaches record-high 45.5%

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wow

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dami ko nakikta nag lilimos

[boybi]

203 stores

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Company owned stores palang yan. Hindi kasama mga franchised stores.

[Deestone]

Is Jollibee operating at a loss with only drive thru and take away? We know that Jollibee caters mostly children, teenagers and young at heart... is the business model of Jollibee shattered also by this pandemic.

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[dr. d]

Is Jollibee operating at a loss with only drive thru and take away? We know that Jollibee caters mostly children, teenagers and young at heart... is the business model of Jollibee shattered also by this pandemic.

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yespo,
many older costumers but with young hearts, eat jollibee, naman.

grab, lala move, panda, and online selling yata ang business model na hindi nabasag ng pandemic.

[boybi]

Is Jollibee operating at a loss with only drive thru and take away? We know that Jollibee caters mostly children, teenagers and young at heart... is the business model of Jollibee shattered also by this pandemic.

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During normal times, most restaurants operate with around 70-80% dine-in, 10-30% takeout/delivery.

Now, nasa less than 50% nalang ang dine-in, and with less than half of the usual customers pa.

Also, the delivery apps take a huge percentage from the sales, as much 25%, which eats into the bottom line of the resto.

So, depending on the store location, some stores maybe operating at a loss.

[shadow]

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[dr. d]

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i like it!
heh heh.