By: Retail Asia
The company will also unveil kitchen extensions during the year.
Philippines-based restaurant Shakey’s Pizza is set to open 15 new Shakey’s outlets and 15 new Peri-Peri Charcoal Chicken outlets in 2021 to strengthen its visibility in the second and third-tier cities outside Metro Manila, a bourse filing revealed.
The company is looking to open smaller store formats with reduced investment requirements relative to its traditional brick-and-mortar stores. This ensures payback periods are kept short and return on capital remains high, the company said.
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