Madrid, June 9, 2016. Grupo Vips was recognized today in the Business category at the eleventh Randstad Foundation Awards for its integrated program "Road to Employment" which helps young people in vulnerable situations develop job skills and facilitates access to employment opportunities.
More than 250 young people participated in the internship program "Road to Employment" and 260 people joined the job market through the program in 2015.
The program "Access to Employment" is part of the Grupo Vips' commitment to creating sustainable and profitable value. To do so, Grupo Vips has a Corporate Responsibility Framework Plan that guides its various projects aimed at creating job opportunities, forming communities, fostering healthy eating and minimizing its environmental impact.
The Randstad Foundation Awards recognize the work of businesses, institutions and the media that assist with the employment integration of professionals at risk of social exclusion. They are also supported by the Spanish Royal Board on Disability, an entity that operates under the Spanish Ministry of Health, Social Services and Equality.
About Grupo Vips:
Grupo Vips is one of the leading multi-brand and multi-format groups in the food service and retail sector in Spain. It includes restaurants, cafés and shops. The company manages a total of six well-known chains which are either internally owned or operated under franchising agreements - Vips (cafeteria-restaurant and shop), VIPSmart, Ginos, The Wok – and two brands of international fame - Starbucks and Fridays.
Since 2001, Grupo Vips is the sole and exclusive partner of Starbucks Coffee, the world's coffee leader, licensed to develop the brand in Spain and Portugal. On the other hand, it has an exclusive licensing agreement with Fridays, the top casual dining chain in the United States, to operate the brand in Spain. Moreover, the group has three unique restaurants including Rugantino "Casa Tua", Tattaglia and Lucca.
The company manages a total of 350 locations serving more than 120,000 customers a day. It runs a pioneer and restaurant sector-leading loyalty program, Club VIPS, with more than a million members throughout Spain. The app, which is unique in the market and was launched at the end of April 2015, has already been downloaded more than 400,000 times. Grupo Vips is a private equity company which was founded in 1969.
Goldman Sachs Capital Partners V acquired 30% of the company in 2006. Grupo Vips employs 8,700 people and ended fiscal year 2014 with 350 million euros in turnover