Metro retail expands Visayas footprint

07/26/2016

FURTHER cementing its foothold in the Visayas, Cebu-based Metro Retail Stores Group, Inc. (MRSGI) has entered into a 25-year lease agreement with the local government of Bais, Negros Oriental to set up its first store in the…

Metro Retail taps P1-B UnionBank credit line

Marites Villamor Ilano 12/20/2015

Newly listed Cebu-based retailer Metro Retail Stores Group, Inc. is set to take out a P1.05-billion loan from the Union Bank of the Philippines. In its regular board meeting last Thursday, the board of directors passed a…

Strong sales, lower expenses boost Metro’s income

12/15/2015

NEWLY listed Metro Retail Stores Group Inc. (MRSGI) said strong sales and reduced operating expenses pushed its net income up by 23.5 percent to P344 million in the first nine months of this year. The 15 percent…

Gaisano plans more stores, distribution hub after IPO

Inquirer, Marites Villamor Ilano 10/11/2015

The Gaisano-led Metro Retail Stores Group, Inc. plans to open at least seven new stores in the Visayas by the end of next year, establish a logistics hub and acquire more existing retail stores using the proceeds…

Vicsal Foundation scholar is summa cum laude grad

Dominic Yasay 07/08/2015

A SCHOLAR of Vicsal Foundation, the corporate foundation of Metro Gaisano, graduated summa cum laude last March 2015. Miko Cabatingan, 20, did not consider poverty a hindrance to achieving the highest academic distinction. Cabatingan, who took up…

Thursday night rain floods Metro Cebu

Edison Delos Angeles 06/26/2015

Parts of Metro Cebu were flooded last Thursday evening due to a heavy downpour which lasted for nearly an hour. Residents living across  the University of San Carlos-Talamban Campus  were kept awake by the sight of knee-deep…

Stallholders to be moved out of Colon

Joana Belsonda 06/17/2015

At least  19 out of 50 stallholders will be moved out of the Tabo sa Banay area in Colon Street, Cebu City before a cleanup of the  drainage system is done. “We will start one step at…

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