P.F. Chang's Announces International Expansion in the Philippines

2010-02-16
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  • P.F. Chang Signs Agreement With Global Restaurant Concepts to Develop P.F. Chang’s Restaurants Throughout the Philippines

    P.F. Chang's China Bistro, Inc. (NASDAQ: PFCB) today announced a development and license agreement with Global Restaurant Concepts, Inc., a leading casual dining operator in the Philippines, to develop eight restaurants over the next five years. The first location is scheduled to open in Manila in the first quarter of 2011.

    “We continue to selectively seek out great partners to help us offer our dining experience to other countries around the world,” said Mike Welborn, President of Global Brand Development for P.F. Chang’s China Bistro, Inc. “We are thrilled about our new relationship with Global Restaurant Concepts and the prospects of expanding P.F. Chang’s with them.”

    “We are delighted to bring P.F. Chang’s to the Philippines,” said Archie Rodriguez, President of Global Restaurant Concepts, Inc. “We believe customers in the Philippines will love the quality of the food and high-energy atmosphere that P.F. Chang’s provides to its guests.”

    Logos, product and company names mentioned are the property of their respective owners.

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