Monday 24 September
Powered by Ajaxy
Apr 6, 2016 @ 7:37

Puregold aims to open 75 Lawson stores this year


LOCAL RETAILER Puregold Price Club, Inc. earmarked P450 million to put up 75 convenience stores this year under its partnership with Japan’s Lawson, Inc., and targets to have 500 stores by 2020 despite intensifying local competition.

The joint venture is focusing on expanding Lawson’s presence in central business districts to target employees from business process outsourcing companies. Last year, 16 Lawson stores located near schools in Metro Manila were opened.

“We look to break even by 2018, when we reach 300 stores,” Puregold Investor Relations Officer John T. Hao told reporters after the opening of the flagship Lawson store at Tower 6789 in Makati City on Tuesday.

Tags: , , , ,

Related Stories
Retail magnate Lucio Co, through Puregold Price Club Inc., is incorporating a new subsidiary that
Puregold Price Club Inc. saw a 26 percent expansion in its first semester earnings to
It really pays to be the sole gatekeeper of President Rodrigo Duterte’s phone and schedule.
Bilyonaryo Lucio Co lost quite a sum from his costly experiment to try his hand

Read full Article here »

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.