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Friday, March 29, 2024

Villar’s AllDay bullish as Q4 foot traffic rose

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AllDay Supermarket, the fastest growing supermarket operator in the country, is optimistic about its prospects this year as more customers regain their confidence in going to stores for shopping.

The grocery chain owned by the Villar Group said in a disclosure to the stock exchange, the Villar-led grocery chain said footfall in fourth quarter jumped 28 percent year-on-year..

“AllDay’s fourth-quarter store performance, particularly store footfall, is an indication of the quickening pace of the country’s return to normal, as well as continued validation of our unique supermarket concept and experience,” said AllDay chairman Manuel Villar Jr.

“We are seeing consumers regain their confidence to again frequent our stores and the unique experiences they offer―a distinct and key advantage of AllDay Supermarket,” he added.

AllDay said a higher foot traffic was a positive indication for the group’s fourth-quarter performance, which is historically 40 percent to 50 percent higher than in previous quarters of the same year.

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