Figaro spending P1b to roll out 80 stores in 2024

Figaro Coffee Group Inc. said it plans to spend P1 billion in 2024 capital expenditures to roll out 70 to 80 stores this year.

Liu said while it would open most of the new stores within Luzon, the company is also opening new branches in the Visayas and Mindanao. Liu expects its pizza brand Angel’s Pizza to be the leading pizza chain in the country over the next five years in terms of customer preference and store count.

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