Gaisanos clarify business structure

MANILA, Philippines – In the article titled “Gaisano Group embarks on P2.5 billion expansion,” which appeared on page B1 last Feb. 1 it was stated the children of Victor and Sally Gaisano, namely Frank, Edward, Jack, and Margaret, “now run the Metro Gaisano Malls, Gaisano Country Malls and Gaisano Capital Group.” A Gaisano Group representative, however, clarifies that Gaisano Country Malls and Gaisano Capital Group are not part of the Metro Retail Stores Group Inc., which was established by the Victor and Sally Gaisano branch of the bigger Gaisano family.

Metro Retail Stores Group, Inc. operates three store formats all under the names Metro Department Store, Metro Supermarket, and Super Metro. The clarification is intended to avoid confusion among the public by distinguishing Metro Retail Stores Group, as a separate business from those run by other branches of the Gaisano family.