Tag Archives: Supermarket

SM buys Cherry’s 3 grocery outlets

(Source: By Jenniffer B. Austria | Manila Standard Today | Jun. 08, 2015) The group of tycoon Henry Sr. has acquired supermarket chain Cherry Foodarama, considered one of the pioneers in the domestic retail industry, in a move that is expected to further strengthen the conglomerate’s leading position in the business. Informed sources said the Sy Group acquired three supermarkets under ...

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Ayala-Co supermarket joint venture to open June or July

(Source: By Richmond Mercurio (The Philippine Star) | Updated May 18, 2015) The maiden supermarket venture of the Ayala family and businessman Lucio Co – two of the country’s richest – is set to materialize as early as next month with the opening of its first branch in Quezon City. Puregold Price Club Inc. president Leonardo B. Dayao told The STAR ...

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