Philippines retailer The Villar Group plans to open more compact versions of its Allhome DIY and building-supplies stores.
The move is a bid to position outlets within closer range of shoppers reluctant to travel far from home during the coronavirus pandemic. The new “Quick Fix” stores will stock DIY and a broad range of homeware.
“With the lockdown easing out and when the economic situation improves, AllHome may see itself opening more new stores, given its capability to fast track fit-out construction,” AllHome VC Camille Villar said.
The new outlets are likely to be located next to The Villar Group’s AllDay convenience stores to take advantage of the firm’s property opportunities.
The building-supplies chain operates 45 stores throughout the Philippines, roughly half of which were opened last year as part of an aggressive expansion strategy.