McDonald’s PH momentum continues with new store openings, menu innovations
Golden Arches Development Corp., the Philippine franchise holder of global fastfood giant McDonald’s, said it was on track to sustain double-digit growth this year on the back of a growing store network and new menu offerings.
Sales have grown 14 percent so far this year.
GADC, a joint venture between businessmen George Yang and Andrew Tan, expects to close the year with a total of 570 stores from 520 in 2016.
It plans to further grow its presence in Visayas and Mindanao as more than three fourths of its McDonald’s stores are located in Luzon and Metro Manila.