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Tag: Gaisano

Gaisano’s retail chain posts lower profit of P965.4m

Retailer Metro Retail Stores Group Inc. of the Gaisano family reported a 1.2-percent decline in 2018 net income to P965.4 million from P977 million...

Gaisano family reinvents PH retail

The number one retailer in the Visayas is rapidly expanding nationwide, challenging competitors to widen their product assortment, offer cheaper prices and operate for...

Korean bank takes over Gaisano’s financial unit

Woori Bank, South Korea’s second largest lender, sealed the acquisition of a majority stake in Wealth Development Bank, the financial arm of the Gaisano...

Gaisano to put up a branch in Negros

Cebu-based retailer Metro Retail Stores Group Inc. of the Gaisano family is expanding into Negros Oriental. Metro Retail said in a  disclosure to the stock...

Gaisano firm bullish

Cebu-based retailer Metro Retail Stores Group Inc. plans to double its retail footprint in the next five years to further cement its position as...

Gaisano’s Metro Retail increased profit to P758.6m in 2016

Visayan retail giant Metro Retail Stores Group Inc. said Wednesday net income in 2015 rose 21 percent to P758.6 million from a year ago...

Gaisano retail unit ups profit to P344m

Newly-listed Metro Retail Stores Group Inc. said Tuesday net income in the first nine months of the year rose 24 percent to P344 million...

Metro Retail eyes 70 stores

Metro Retail Stores Group Inc., a company controlled by the Gaisano family that recently raised P3.62 billion in fresh capital from an initial public...

Gaisanos finalizing IPO plan

Metro Retail Stores Group Inc. of the Gaisano family plans to attract cornerstone investors for a planned P6.17-billion initial public offering, according to one...
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