Makro plans 6 new RP outlets
April 28, 2005 | 12:00am
Pilipinas Makro is studying preliminary plans to put up at least six more branches in the provinces as part of its planned P2 billion investment in the next two years.
Makro had recently opened its 13th store in Las Pinas and is planning to put up only one more store in Metro Manila.
The planned 14th store will reportedly be located near where Cash N Carry is at present.
Makro envisions over 20 stores nationwide with strategic locations to cover all major areas of distribution.
Makro spends about P250 million to put up a new branch.
Makros 13 branches are located in Cainta, Rizal; Imus, Cavite; Novaliches and Cubao in Quezon City; Sucat, Muntinlupa; Las Pinas; North Harbor in Manila; Cebu; Davao; Pampanga; Batangas; Cagayan de Oro and Iloilo.
Pilipinas Makro president and managing director Bunny Khurana had previously said that Makro, with its strong market share of small retailers, caterers and professionals in the service sector, is committed to maintaining the important role its plays in filling in the gaps in a manufacturers distribution network.
Khurana said that the company is able to survive the economic slump by leveraging its buying power and efficiencies to provide a cost effective distribution channel.
Thus, the challenge, Khurana said, is "to keep this efficiency advantage by constantly coming up with improvements in our concept and operation."
Makro is a subsidiary of SHV of the Netherlands. It is a high-volume, low-cost, low-price, no frills, cash and carry wholesaler.
Makro had recently opened its 13th store in Las Pinas and is planning to put up only one more store in Metro Manila.
The planned 14th store will reportedly be located near where Cash N Carry is at present.
Makro envisions over 20 stores nationwide with strategic locations to cover all major areas of distribution.
Makro spends about P250 million to put up a new branch.
Makros 13 branches are located in Cainta, Rizal; Imus, Cavite; Novaliches and Cubao in Quezon City; Sucat, Muntinlupa; Las Pinas; North Harbor in Manila; Cebu; Davao; Pampanga; Batangas; Cagayan de Oro and Iloilo.
Pilipinas Makro president and managing director Bunny Khurana had previously said that Makro, with its strong market share of small retailers, caterers and professionals in the service sector, is committed to maintaining the important role its plays in filling in the gaps in a manufacturers distribution network.
Khurana said that the company is able to survive the economic slump by leveraging its buying power and efficiencies to provide a cost effective distribution channel.
Thus, the challenge, Khurana said, is "to keep this efficiency advantage by constantly coming up with improvements in our concept and operation."
Makro is a subsidiary of SHV of the Netherlands. It is a high-volume, low-cost, low-price, no frills, cash and carry wholesaler.
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