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Franchising

Homegrown Restaurant Brands You Can Franchise

We round up some of the most iconic restaurant brands you can run as your own

Running your own restaurant is no easy feat. It’s costly, can be extremely competitive and ridden with risks that can turn scandalous if not handled properly. The pressure to serve food that can be valuable to people’s time and money, in an ...

by Elyssa Christine Lopez for Esquire Philippines  | March 01, 2019 08:00:00
News and Events

SM in Talks to Buy Goldilocks Minority Stake Months After Backing Out of Acquisition Deal

The conglomerate is eyeing to buy a 34% stake in the country's largest bakeshop chain

Listed retail and real estate conglomerate SM Investments Corp. is in talks to acquire a 34-percent stake in bakeshop and restaurant chain Goldilocks Bakeshop Inc., according to a report by the Philippine Daily Inquirer.“A spokesperson from SM confirmed to the Inquirer that ...

by Lorenzo Kyle Subido  | August 13, 2018 12:00:00
News and Events

Why Did SM Withdraw Its Bid to Take Over Goldilocks Bakeshop?

This comes less than a month after the Philippine Competition Commission approved the takeover

SM Group’s property and retailing unit SM Retail Inc. has withdrawn its acquisition bid over bakeshop and restaurant chain Goldilocks Bakeshop Inc. on Thursday, February 1.“Regarding the proposed acquisition by SM Retail of Goldilocks, both SM and Goldilocks have jointly agreed not ...

by Pauline Macaraeg  | February 01, 2018 03:00:00
News and Events

Now that Sy Family Owns Goldilocks, Will Red Ribbon and Other Bakery Chains Have a Fighting Chance in SM Malls?

SM Group vows fair treatment of Goldilocks’ rivals but regulators will keep watch for 5 years to make sure

The Philippine Competition Commission (PCC) has approved the takeover by SM Retail Inc. (SMRI), a unit of the property and retailing giant SM Group, of bakeshop and restaurant chain Goldilocks Bakeshop Inc., the government agency announced in a statement issued January 9.The ...

by Elyssa Christine Lopez  | January 10, 2018 06:00:00
News and Events

Goldilocks Vs Red Ribbon: Who's Winning the Battle of the Cake Makers?

The potential entry of the SM Group into Goldilocks could heat up competition even more

A celebration of any momentous occasion, from birthdays to weddings, is incomplete without cake. In the Philippines, two brands come to mind when serving celebration cakes on the dining table, Goldilocks Bakeshop and Red Ribbon.It may now seem like the two bakeshop ...

by Elyssa Christine Lopez  | September 18, 2017 09:00:00
Business Ideas

The 5 essentials of a bakery business

With more than 600 stores nationwide, Julie\\\'s Bakeshop is the now country\\\'s largest bakeshop.

Nearly 30 years after it opened its first store in Cebu City, Julie’s Bakeshop has now reached hundreds of stores nationwide, a remarkable feat for a bakeshop that only started as a neighborhood venture meant to supply the needs of a related ...

by Carlo P. Mallo  | July 09, 2012 10:00:00
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