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Goldilocks Bakeshop facts for kids

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Goldilocks Bakeshop
Private
Founded May 15, 1966; 57 years ago (1966-05-15) in Makati, Philippines
Founders Milagros Leelin Yee
Clarita Leelin Go
Doris Wilson Leelin
Headquarters Mandaluyong, Philippines
Number of locations
415+ (2015)
Key people
Richard L. Yee (President)
Products Fast food, bakery
Number of employees
2,000 (2013)
Parent SM Investments Corporation (74%)

Goldilocks Bakeshop is a bakery chain based in the Philippines, which produces and distributes Philippine cakes and pastries.

History

Goldilocks Bakeshop products
Food products for sale on display in a Goldilocks outlet.

On May 15, 1966, Filipino-Chinese sisters, Milagros Leelin Yee and Clarita Leelin Go, and their sister-in-law Doris Wilson Leelin, opened the first Goldilocks store on a 70 m2 (750 sq ft) space on the ground floor of a three-story building along Pasong Tamo Street in Makati and started with only 10 employees.

In 1976, Goldilocks opened its first store in the United States in Los Angeles. In 1991, Goldilocks launched a franchising program which led to the opening of hundreds of Goldilocks' store in Metro Manila.

Other stores were later set up in other parts of California such as San Francisco, San Jose and in Las Vegas, Nevada.

Pancake House International planned to acquire Goldilocks Bakeshop, but negotiations to acquire the bakeshop chain fell in 2006. Pancake House offered to acquire Goldilocks for ₱2 billion.

Branch locations

In 2015, it was reported that there are at least 400 full-service stores in the Philippines, 12 in California, United States, and three in Vancouver, British Columbia, Canada.

Brand image

Goldilocks was named after Goldilocks, a character from the fairy tale Goldilocks and the Three Bears to make the name of the chain easier to remember by children and their mothers. The name also suggests the words "gold" and "luck" which was viewed to be auspicious by the founders. The naming was suggested by the founders' sister Maria Flor.

In 2010, Goldilocks underwent a full re-branding.

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