Page 8 - MRSGI E-commerce Newsletter
P. 8

The Metro News




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   1 Issue (September 2020)           MerryMart Consumer Corp. (MM)                      AllHome Corp. (HOME)                                Puregold Price Club, Inc. (PGOLD)
                                      • It aims to launch its in-house online delivery   The Villar Group plans to open more compact         Puregold will launch its “The Puregold Channel”
                                        within the 3Q 2020 to service Metro Manila; it   versions of its AllHome DIY and building-supplies   on Facebook and Youtube on September 19 as
                                        targets to offer over 3,000 MERRYMART            stores. The new “Quick Fix” stores will stock DIY   part  of  its  marketing   approach.   Puregold
                                        essential products.                              and a broad range of homeware.These are likely      considered this a groundbreaking move to further
        E-commerce                    • MM has scheduled to open its first Drive Thru    to be located next to The Villar Group’s AllDay     expand its digital footprint and engage shoppers.
            Journey                     store in Iloilo by January 2021.                 convenience stores to take advantage of the
                                                                                         firm’s property opportunities.





        E-commerce
        Performance

            To-date
                                      Source: PSE disclosure                                                                                 Source: Company’s FB page, news article
                                                                                         Source: PSE disclosure

                                      Robinsons (RRHI)
        Competitive                   • RRHI reallocates PhP325 million IPO proceeds to settle bank loans, and     Other news highlights

             Matrix                      to acquire and maintain information technology assets.The board           • The SM Store aims to optimize its omnichannel merchandising with
                                         approved the reallocation after the coronavirus pandemic hampered the        Aptos Technology by providing end-to-end support for the merchandise
                                         opening and renovation of stores.                                            planning activities across its physical and online channels.

                                                                                                                   • IKEA is expected to open its largest store in the Philippines in 2021.

           Industry                                                                                                • Property developers are considering alternative uses for shopping malls
           Updates                                                                                                    (e.g. SM Prime Holdings Inc. - lease out some of its parking lots for
                                                                                                                      longer-term car storage; Ayala Land Inc. - plans to convert parts of its
                                                                                                                      shopping centers into e-commerce backend facilities and medical
                                                                                                                      clinics).

                                                                                                                   • FamilyMart boosts support for SMEs by lending its store shelves to
                                                                                                                      entrepreneurs to bring in and feature their products.
                                      Source: PSE disclosure
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