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Manila Bulletin devider Business devider The Stock Market devider MRSGI expands to home improvement retail business

MRSGI expands to home improvement retail business

Published Aug 4, 2024 10:03 pm

Metro Retail Stores Group, Inc. (MRSGI) of Cebu’s Gaisano family expanded into the home furnishing and hardware business with the opening of its first Metro Home Improvement store at Marquee Mall, Angeles.

In a disclosure to the Philippine Stock Exchange, the firm said this addition marks a significant expansion for MRSGI, bringing a well-curated range of essential home improvement and enhancement products closer to homes.

Spanning 1,000 square meters, the Metro Home Improvement store is designed to cater to homeowners and DIY enthusiasts.

It offers a broad selection of hardware, lawn and garden, car care, pet care, appliances, electronics, appliances housewares, and storage solutions, all organized in clearly marked sections for convenient shopping.

"This marks a monumental step as we introduce our first Metro Home Improvement store format, a key part of our aggressive expansion strategy," said MRSGI Chief Operating Officer Manuel Alberto.

He added that, “This store represents our commitment to being a dependable partner for the hardworking moms and dads who strive to create the best lifestyle for their families.”

The store features several exclusive brands and product lines, along with interactive displays and appliance demonstration areas designed to elevate the shopping experience.

Additionally, customers will benefit from key vendor partnerships and exclusive collaborations for regular promo offers and unique finds, making shopping equally a rewarding experience.

"We have ambitious plans to expand across various locations, continuously innovating and improving to serve our customers better,” Alberto said.

“By pairing our home improvement format with our existing Metro Supermarkets, we ensure a seamless shopping experience that saves time and delivers quality products, all under one roof," Alberto added.

To date, Metro Retail operates a total of 64 branches across Luzon and the Visayas under the store formats Metro Supermarket, Metro Department Store, Super Metro Hypermarket, and Metro Value Mart.

In its recent Annual Stockholder's Meeting last May 2024, MRSGI has set a goal to have a network of 160 stores by 2027.

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Metro Retail Stores Group Inc. Manuel Alberto
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