Pizza giant John plans to land in Hong Kong and Macau next year

Nigel Travis, president and CEO of the world's third-largest pizza giant "Stick John" announced yesterday that it will open up to 500 stores in China within 10 years, of which 20% will be franchise stores. Next year, the "Boy John" brand will also be available for Hong Kong and Macau for the first time. market.

Since entering the Chinese market in October 2003, John has opened 45 restaurants in Shanghai, Beijing, Hangzhou and Suzhou. Compared with Pizza Hut, which has been operating in China for more than 10 years and has about 200 stores, the number of stores in John's stores has grown at a fairly rapid rate.

However, it is obviously not satisfied with the current state, NigelTravis told the "First Financial Daily": "The US market is nearly saturated, so we will pay more attention to the international market in the future. China, South Korea, Mexico, India, the United Kingdom and Russia are all we will The market that is being developed vigorously is one of the most important in the Chinese market. It is understood that about 78% of John's stores in the world are operated by franchising, but considering the quality control issues in the Chinese market, the company will expand to 500 stores in the future. At the time, it hopes that the proportion of franchise stores can be controlled at about 20%.

The head of John John China, who is currently in charge of operations in East China and South China, told reporters that in order to further expand John's territory in the Chinese market, John will officially land in Hong Kong and Macau next year. The specific way of opening a store is still under study.

Rod John was founded in 1985, has been listed in the United States, and opened more than 3,000 restaurants in 26 countries and regions.