Metro Retail

Retail Asia10/10/2019

Philippines retailer Metro Retail Stores Group Inc (MRSGI) is planning to open up more opportunities for sustainable shopping. Speaking at the recent Regional Forum on the Promotion of Sustainable Consumption in the Association of Southeast Asian Nations (Asean), MRSGI VP for corporate affairs Anna Marie Periquet shared that “as engines of economic growth and shapers […]

Retail Asia21/02/2019

The 53rd Metro Department Store has opened its doors at the Ayala Malls Feliz in Pasig City. Covering a floor area of 21,200sqm, the store includes a 6600sqm supermarket. “Customers can look forward to an enjoyable and convenient shopping experience as we consistently strive to deliver world-class customer service as well as a wide assortment […]

Retail Asia21/03/2017

Cebu-based Metro Retail Stores posted P789 million (US$15.7 million) net income last year, up from P758 million in 2015. Net sales for the fourth quarter grew 7.4 per cent to P10.67 billion, reports the retailer, part of the Gaisano Malls group. Sales grew steadily during the quarter, says the Visayan retailer, with overall net sales […]

Retail Asia27/02/2017

Japanese cosmetics brand Do-Best is looking at opportunities in the Philippines and broader Southeast Asian markets, including Indonesia. Do-Best CEO Daitaro Sugawara was in the Philippines for a group networking session organised by Security Bank and Japan’s Mitsubishi UFJ Financial Group. He was matched with executives from local retailers including Metro Retail and National Bookstore. […]

Retail Asia01/04/2016

Metro Retail Sales, Visayas’ largest retailer, has reported a rise in after-tax income of 20.6 per cent to P758.6 million (US$16.4 million) for 2015. Metro Retail (MRSGI)’s net sales grew 13.9 per cent to P32.5 billion last year from 2014, said the company in a disclosure to the Philippine Stock Exchange. Earnings before interest, taxes, […]

Retail Asia24/02/2016

Listed retailer Metro Retail Stores Group, based in Cebu, has launched an expansion program aimed at taking its network in The Philippines to 100 stores within five years. Nearly three years after supertyphoon Yolanda devastated the coastal community in the Leyte region, the biggest retailer in the Visayas plans to open a store in Tacloban […]

Retail Asia04/01/2016

Newly listed Visayan retailing giant Metro Retail Stores Group Inc. (MRSGI) is riding on the buoyant consumer spending in the country by expanding its delivery fleet and distribution infrastructure. “We aim to be a leader in retail supply chain management and meet our customers’ demand for world-class services,” MRSGI chair and chief executive officer Frank […]

Retail Asia20/12/2015

GAISANO-LED mall developer Metro Retail Stores Group Inc. (MRSGI) will be tapping a P1.05-billion loan facility for future projects. In a disclosure to the Philippine Stock Exchange on Friday, Metro Retail said its board of directors had allowed the company to use the facility, provided by Union Bank of the Philippines (UnionBank). “In the same […]

Tag: Metro Retail

Metro Retail Stores Group shares vision for sustainable shopping

Metro Department Store is opening at Ayala Malls Feliz

Metro Retail income reaches P789m

Japanese cosmetics brand Do-Best eyes Asian expansion

Metro Retail income soars 20.6 per cent

Metro Philippines plans 100 stores

Metro Retail starts expansion

Metro Retail to tap P1.05-B loan facility