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Manila Bulletin devider Business devider The Stock Market devider Metro Retail on expansion spree, opens more Value Marts

Metro Retail on expansion spree, opens more Value Marts

Published Dec 10, 2024 01:47 am

Metro Retail Stores Group Inc. (MRSGI) is expanding its neighborhood grocery concept by opening new branches and converting existing stores to this format.

In a disclosure to the Philippine Stock Exchange (PSE), the firm said it continues to reinforce its presence in the country’s retail sector through the continuous growth of its diversified store formats.

Leading this expansion is Metro Value Mart, a neighborhood grocery concept offering convenience and affordability to Filipino communities.

Currently, five Metro Value Mart stores operate under the new branding in key locations: Lancaster (General Trias, Cavite); Gun-ob (Lapu-Lapu City, Cebu); Poblacion (Talisay City, Cebu); Tangke (Talisay City, Cebu); and Marigondon (Lapu-Lapu City, Cebu).

“In addition to these stores, MRSGI is transitioning several others into the Metro Value Mart format as part of its broader strategy to modernize its offerings and reach more customers nationwide,” the company said.

Metro Value Mart offers a carefully curated selection of fresh produce, household essentials, and quality products — all at competitive prices. It bridges the gap between traditional convenience stores and larger supermarkets, ensuring that communities have easy access to essential goods without compromising affordability or quality.

“Metro Value Mart is central to our vision of making shopping more convenient and accessible for Filipino families,” said MRSGI President and COO Manuel Alberto.

He added, “by locating our stores in the heart of communities, we bring everyday essentials closer to home while maintaining the value and quality that customers expect from the Metro brand.”

The Metro Value Mart format is part of MRSGI’s wider strategy to diversify its retail offerings, which include supermarkets, general merchandise, and home improvement stores.

With its growing network of Metro Value Mart stores and plans for further expansion, MRSGI said it remains committed to delivering quality, convenience, and affordability to Filipino households.

To date, Metro Retail operates 70 branches across Luzon and the Visayas under the store formats Metro Supermarket, Metro Department Store, Super Metro Hypermarket, Metro Value Mart, and Metro Home Improvement and Lifestyle.

In line with its commitment to sustainable growth, MRSGI continues to aggressively expand its retail network.

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Manuel Alberto Metro Retail Stores Group Inc.
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