Almost all industries have been greatly affected by the pandemic. The country’s economic state went down, but recent research shows that there’s hope for retail to rise if the global health crisis’ effects are curbed.
Even so, there are still a lot of job seekers considering securing a career in the retail world. So, if you’re one of them, it’s advisable for you to know the current situation of the retail industry in the Philippines. Let’s focus on the top retail brands to look out for.
With that, here are the leading retail companies in the Philippines.
According to Statista, Puregold held the highest value share of 4.3 percent in the FMCG (fast-moving consumer goods) retail business in Q3 2020.
Puregold Price Club, Inc. is a chain of supermarkets in the Philippines trading goods such as consumer products on a wholesale and retail basis. It was incorporated in 1998, opening its first Puregold hypermarket store in Mandaluyong in December of the same year.
Its hypermarket known as Puregold Price Club offers a range of food and non-food products, catering to both retail customers and resellers. On the other hand, its supermarket chain Puregold Junior is operated by its subsidiary Puregold Junior Supermarket, Inc. Puregold Extra is the small store format, offering a range of goods comprising the Company’s stock-keeping units (SKUs) ranging from 3,000 to 5,000. Today, it has approximately 280 operating stores and over 20 foodservice stalls.
SM retail stores followed Puregold with a 3.3 percent value share in the FMCG companies that led the value share in Q3 2020.
SM Retail, Inc. operates the Philippines’ largest chain of retail stores for local and international brands. It is a subsidiary of SM Investments Corporation which carries a diversified business portfolio covering real estate development, banking, finance, and investments.
Its deeply-rooted retail market presence in the country started when founder Henry Sy opened the first ShoeMart Store in 1958 in downtown Manila, offering a wide range of shoes sourced locally and overseas.
With Sy’s vision to make life better for his customers, he expanded his business to offer a one-stop shopping experience. SM’s tagline “We’ve Got It All For You” became the principle for their level of service, helping them transform their brand into a household name.
SM Retail, Inc. has ownership over SM Supermarket, SM Hypermarket, Savemore, Walter Mart Supermarket, and Alfamart, collectively known as SM Markets. It currently has over 830 stores in food retail.
Robinsons Retail Holdings, Inc.
Founded by the late John Gokongwei, Jr. in 1980, Robinsons Retail Holdings, Inc. is now one of the country’s largest multi-format retailers. It was incorporated in 2002, with the primary purpose of engaging in the business of trading goods, commodities, and merchandise of any kind.
With almost four decades of experience, they have fostered major formats of retail to serve the Filipino people. These include supermarkets, department stores, convenience stores, consumer electronics and appliances, and hard-discount stores to name a few.
As of the end of 2019, the Company has 1,938 stores, consisting of 265 supermarkets, 49 department stores, 222 DIY stores, 507 convenience stores, 519 drug stores and 376 specialty stores.
Metro Retail Stores Group Inc. (MRSGI)
Formerly Valueshop Market Market, Inc, Gaisano group-led retailer Metro Retail Sores Group, Inc. is a Philippines-based company engaged in buying, selling, and trading goods, wares, and merchandise of various kinds.
The company operates through various formats, including department stores, supermarkets, and hypermarkets. Its department stores are engaged in the business of trading goods, commodities, wares, and merchandise of various kinds. On the other hand, its supermarkets offer a range of selection of meats, seafood, fruits and vegetables, and organic produce among others. Its hypermarkets consist of superstores, which are a combination of supermarket and department store, offering a range of products, including grocery lines and general merchandise. Lastly, its supermarket business is operated under the brand names of Metro Supermarket and Metro Fresh N Easy.
Mercury Drug Corporation
It was founded by Mariano Que, who worked in a drugstore before the war, who saw the need for medicines that were scarce after the Japanese occupation. The first Mercury Drug store opened on March 1, 1945, in Bambang St., Manila.
Today, it belongs to the most successful retail companies in the Philippines and is known as the country’s trusted and caring health and wellness partner, providing the widest range of branded and generic medicines, as well as a complete line of healthcare and personal care products, including medical devices, and basic everyday needs.
Through the years, Mercury Drug has grown into a vast network of more than 1,200 stores nationwide with over 15,000 employees.
Get Your Start In The Retail Industry
While the retail industry steadily grows, you too can start considering a retail career. Check out all the jobs in retail on Bossjob today!