Homegrown firm Figaro Coffee Group Inc. said it is continuing its planned expansion for 2022 as it is optimistic that the country’s economic recovery will gain traction this year.
The company plans to open 29 Angel’s Pizza outlets, six Figaro Group Express multi-brand outlets, five Figaro Coffee shops and one Tien Ma’s Taiwanese restaurant this year.
“Yes, we are optimistic that the economy will further improve this year with the Alert Levels coming down and vaccination drives by the government continuing with strength. We look forward to people going about their daily lives outside gradually and in a safe manner,” Justin Liu, the company’s chairman, said.
For the first quarter, Figaro is set to open five Angel’s Pizza stores located in Lipa, Batangas; Hanston Building in Ortigas Center; Cebu City; Calamba, Laguna; and in Avida Towers Cityflex, in Bonifacio Global City in Taguig.
“The opening of outlets in BGC and Ortigas business district is part of our optimism that offices and the economy will come back. Furthermore, we see continued growth and strength outside Metro Manila, hence our new stores in Lipa, Cebu and Laguna. We will continue to grow our outlets to reach our beloved customers and meet them where they are,” Liu said.
As of January 21, Figaro Coffee Group operates a total of 109 stores. This includes 56 Figaro coffee shops, 39 Angel’s Pizza outlets, six Tien Ma’s Taiwanese cuisine restaurants, seven TFG Express outlets and one Café Portofino outlet.
Meanwhile, Figaro will start to offer Keto-friendly food in its coffee shops, initially in Metro Manila, such as pastries, as these products are still not widely offered in the metro by mainstream restaurants and chains.
“In line with our focus on providing high-quality products at value-for-money prices, we also want to ensure our selection of pastries has something for everyone, even people who want to minimize carbohydrates or those who are diabetic. With proper focus on key ingredients and taste, it is very possible to offer healthy as well as delicious products,” Liu said.
Figaro Coffee’s chef Loren Lazar said stores will offer two Keto products—the keto coconut tiramisu and sugar-free keto brownies.
“In creating these products, we ensured that we strictly followed the three main tenets of a Keto diet: One, using ingredients that are high in healthy fats. Two, the ingredients must have an adequate amount of protein. Three, sweetness must be minimal and using natural sweeteners like monk fruit, stevia and erythritol to make desserts tasty and guilt-free,” Lazar said.
The said products will become a mainstay on its menu, the company said.
