Metro Retail Stores Group Inc.(MRSGI), the Gaisano-led retail chain, expanded its footprint in Eastern Visayas with the launch of a new multi-format branch in Biliran province, part of its strategy to capture consumer demand outside the country’s major urban centers. The newly opened Metro Naval...
Gaisano-led Metro Retail Stores Group, Inc. (MRSGI) is planning to open a total of 14 Generika Drugstores within its Metro Retail stores as part of its strategy of boosting revenues through synergies with partners. In the first quarter this year, the firm said it launched the pilot rollout of...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) posted a 12-percent growth in net income to ₱682.64 million last year on the back of solid growth across key business segments, strategic new store openings, margin expansion, as well as cost management and operational efficiency. In a disclosure...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 4.2 percent increase in profit in the first nine months of the year to ₱213.3 million, as cost-saving initiatives offset the drag on consumer spending from natural calamities. Cash earnings, as measured by earnings before interest,...
Gaisano-led Metro Retail Stores Group, Inc. (MRSGI) has expanded its branch network to 78 stores with the opening of Metro Store and Supermarket in Bais City, marking the community and the retail chain’s continued growth in the Visayas. The firm said its newly launched Metro Market and Department...
Metro Retail Stores Group Inc. (MRSGI), a supermarket and department store chain controlled by the Gaisanos of Cebu, reported a 45.7-percent jump in net income to ₱146.3 million in the first half of the year. The company said its strong performance was particularly driven by its second-quarter...
Gaisano-led Metro Retail Stores Group, Inc. (MRSGI) announced a change in leadership with the retirement of Manuel C. Alberto as president and chief operating officer and the appointment of Joselito Orense to take his place. After serving as President and Chief Operating Officer for seven years,...
