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Metro Retail Stores Group

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Metro Retail Stores Group
FormerlyMetro Gaisano
Company typePublic
PSE: MRSGI
IndustryRetail
PredecessorWhite Gold Department Store
Founded1982 (1982) in Cebu, Philippines
FoundersVictor Gaisano
Sally Gaisano
HeadquartersMandaue, Cebu, Philippines
Number of locations
46 stores (2015)
Areas served
Philippines
Key people
Frank S. Gaisano
(Chairman and CEO)
Jack S. Gaisano
(President and COO)
Number of employees
9,000[1] (2015)
ParentVicsal Development Corporation[2]
Websitewww.metroretail.com.ph

Metro Retail Stores Group Inc. (stylized as METRO Retail Stores Group Inc., shortly known as Metro Retail or Metro) is a retail company based in Mandaue, Cebu, Philippines.

According to a 2014 report by Euromonitor, Metro is the largest operator of department stores and hypermarkets in the Visayas region, as well as the second largest supermarket operator according to retail sales value.[2]

History

In 1949, Modesta Gaisano, together with her five sons - David, Stephen, Henry, Victor and John - established White Gold Department Store. After the death of Doña Modesta in 1981, her sons pursued their respective business interests by operating their respective Gaisano retail operations.[3]

The Metro Retail Stores Group began in 1982 when the Metro Gaisano Department Store and Supermarket was established by Victor Gaisano and his wife, Sally, together with their children, Margaret, Jack, Edward and Frank. The group expanded to major cities outside Cebu by opening stores in key cities in Central, Western and Eastern Visayas, as well as in Central Luzon, Metro Manila and South Luzon.

The company's expansion in Metro Manila, in particular, was marked by the opening of the Market! Market! mall in the early 2000s.[1]

Metro made its debut at the Philippine Stock Exchange in November 25, 2015.[4]

Store Formats and locations

Metro Retail Stores follows the following retail store formats: Metro Department Store, Metro Supermarket, Super Metro Hypermarket and Metro Fresh n’ Easy Neighborhood Store.

As of November 2015, Metro Retail operates 46 stores across the Philippines specifically in the Visayas, Central Luzon, Metro Manila, Calabarzon and Bicol regions.[4] It is planned to open a store in Mindanao by 2017.[1]

Metro Department Store

Branch Name Location
Metro Colon Cebu City
Pacific Mall Mandaue Mandaue
Metro Ayala Center Cebu Ayala Center Cebu, Cebu City
Pacific Mall Legaspi Legazpi
Metro Market! Market! Market! Market!, Bonifacio Global City
Metro Marquee Mall Angeles Marquee Mall, Angeles
Metro Alabang Alabang Town Center, Muntinlupa
Metro The District Imus The District Mall, Imus
Metro Lucena Lucena
Metro Toledo Toledo
Metro U.P Town Center U.P. Town Center Diliman Quezon City
Metro Fairview Terraces Fairview Terraces Quirino Highway cor. Maligaya Drive, Novaliches, Quezon City

Metro Supermarket

Branch Name Location
Metro Colon Cebu City
Pacific Mall Mandaue Mandaue
Metro Ayala Center Cebu Ayala Center Cebu, Cebu City
Pacific Mall Legaspi Legazpi
Metro Market! Market! Market! Market!, Bonifacio Global City
Metro Marquee Mall Angeles Marquee Mall, Angeles
Metro Alabang Alabang Town Center, Muntinlupa
Metro The District Imus The District Mall, Imus
Metro Lucena Lucena
Metro Toledo Toledo
Metro Wholesale Mart Colon Cebu City
Metro Market Carmen Cebu City
Metro Market Banilad Mandaue
Metro Market Binondo Lucky Chinatown, Manila
Metro Plaza 66 Newport Pasay
Metro Supermarket Mandaluyong Mandaluyong

Super Metro

Branch Name Location
Metro Hyper Maasin Maasin
Super Metro Talisay Talisay, Negros Occidental
Super Metro Lapu Lapu Lapu-Lapu
Super Metro Colon Cebu City
Super Metro Mambaling Cebu City
Super Metro Bogo Bogo
Super Metro Naga Naga, Cebu
Super Metro Carcar Carcar
Super Metro Anonas Quezon City
Super Metro Antipolo Antipolo
Super Metro Calamba Calamba, Laguna
Super Metro Camarines Sur Naga, Camarines Sur
Super Metro Calbayog Calbayog City, Samar

Ancillary Businesses

Ancillary Businesses Type Reference
Food Avenue Food dining outlet
Suisse Cottage Baskeshop [4]
Metro Gourmet Gourmet food shop / dining outlet [4]
Metro Pharmacy Pharmacy [4]

References

  1. ^ a b c Lazo, Kristyn Nika (11 October 2015). "Gaisano's Metro Retail to open 7 stores". The Manila Times. Retrieved 9 April 2016.
  2. ^ a b "Metro Retail Stores marks corporate milestone with IPO". The Philippine Star. 7 November 2015. Retrieved 9 April 2016.
  3. ^ http://www.rappler.com/business/industries/65479-taipans-cebu
  4. ^ a b c d e Gonzales, Iris (25 November 2015). "Metro Retail bucks bearish market in debut". The Philippine Star. Retrieved 9 April 2016.