Figaro to open more stores as PHL economy recovers

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photo (c): Figaro Coffee Facebook Page

By: Business Mirror

Homegrown firm Figaro Coffee Group Inc. said it is continuing its planned expansion for 2022 as it is optimistic that the country’s economic recovery will gain traction this year.

The company plans to open 29 Angel’s Pizza outlets, six Figaro Group Express multi-brand outlets, five Figaro Coffee shops and one Tien Ma’s Taiwanese restaurant this year.

“Yes, we are optimistic that the economy will further improve this year with the Alert Levels coming down and vaccination drives by the government continuing with strength. We look forward to people going about their daily lives outside gradually and in a safe manner,” Justin Liu, the company’s chairman, said.

For the first quarter, Figaro is set to open five Angel’s Pizza stores located in Lipa, Batangas; Hanston Building in Ortigas Center; Cebu City; Calamba, Laguna; and in Avida Towers Cityflex, in Bonifacio Global City in Taguig.

 

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