Retail in Asia

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Puregold acquires 9 supermarts north of Metro Manila

Puregold Price Club Inc. of retail tycoon Lucio Co is expanding its presence in Nueva Ecija and other provinces north of Metro Manila as it gobbles up more supermarkets and commercial properties owned by Nueva Ecija-based retailer NE Inc. Puregold told the local bourse on Wednesday that it acquired nine supermarkets located in Cabanatuan and San Jose, Nueva Ecija; Baliwag, Bulacan; Baler, Aurora and Santiago, Isabela.

 

(Source: philstar.com)