Shakey's bullish on 2021, targets 30 new stores
By JON VIKTOR D. CABUENAS, GMA News
Published February 23, 2021 12:08pm
Shakey's Pizza Asia Ventures Inc. is set to restart its network expansion with the opening of 30 stores this year, after buildup was put on hold in 2020 due to the coronavirus disease 2019 (COVID-19) pandemic.
In a regulatory filing, Shakey's Pizza said it plans to open 15 new Shakey's stores and 15 new Peri-Peri Charcoal Chicken outlets this year to add to the 245 Shakey's and 34 Peri-Peri outlets it had in end-2020.
"With evolving consumer habits brought about by the pandemic, our network expansion strategy has likewise adapted to ensure we maximize both our in-store and out-of-store presence," Shakey's president and chief executive officer Vicente Gregorio.