GREENWICH "FIRST IN PIZZA" PRINT AD,1978 |
In 7 years, Mrs. Tueres grew her business to a total of 20 outlets in Manila, ad with provincial outlets in Bacolod, Baguio, Batangas, Dagupan, and Iloilo. By 1994, her stores more than double to 50 branches.
All the while, the Jollibee Foods Corporation under the Tan Cak Tiongs, was keeping watch on this rising local fast food star. The giant food corporation offered a deal that the GREENWICH owners could not resist, and thus acquired 80% of the pizza and pasta company in 1994.
The operations and marketing savvy of Jollibee Corp. were put to effective use that yielded amazing results. Within the year a spanking-new GREENWICH branch opened at Ever Gotesco Commonwealth. Innovative products and flavors were introduced, packaging were redesigned and a new logo was launched reflecting the spirit of the new company, now known as Greenwich Pizza Corporation. With just 53 stores, Greenwich had more than doubled its last year’s sales from Php100 million to Php200 million!
SOURCES:
Cresida Tueres, the Woman Behind PH’s Famous Pizza, GreenwichPublished 2 months ago on November 9, 2020By Michael Lawrence Chua, https://metrocebu.news/cresida-tueres-the-woman-behind-phs-famous-pizza-greenwich/
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