P.F. Chang's Announces International Expansion in the Philippines
Signs Agreement With Global Restaurant Concepts to Develop P.F. Chang
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