August 23, 2025 | 12:00am
MANILA, Philippines — Puregold Value Membership Inc., the flagship retail chain of businessman Lucio Co, will add eight extra new shops to its community earlier than the 12 months ends after posting a robust first-half efficiency.
For its upcoming shops, Puregold is eyeing new branches in Northern and Southern Luzon in addition to in different provinces in Visayas and Mindanao.
The corporate not too long ago opened a department in Sindangan city, Zamboanga del Norte, its first within the province.
The brand new shops are consistent with Puregold’s persevering with enlargement, with the purpose of empowering micro, small and medium enterprises (MSMEs) in additional areas throughout the nation, supporting countryside progress and offering high quality but reasonably priced choices for customers.
“Our imaginative and prescient is to have a Puregold department inside attain for each Filipino MSME and each Filipino household throughout the nation,” Puregold president Vincent Co stated.
“We need to make on a regular basis merchandise extra accessible to them by means of finest worth pricing and higher presence,” he stated.
As of end-June, Puregold’s whole retailer depend reached 666 Puregold Shops, 31 S&R Membership Procuring warehouses and 67 S&R New York Fashion quick-service eating places.
New shops have been additionally opened by the corporate in July.
Puregold posted good points from its new retailer openings final 12 months and within the first half of 2025, with web gross sales growing to P109.87 billion as of end-June, rising by 11.6 p.c from P98.5 billion in the identical interval final 12 months.
The gross sales enhance got here from the total operation of 26 new Puregold shops and 4 new S&R Warehouses in 2024 in addition to revenues from 166 new Puregold shops and one new S&R Warehouse opened to date this 12 months.