Metro Retail Stores Group, Inc.

MRSGI

Company Overview

Metro Retail Stores Group Inc. is a retail company based in Mandaue, Cebu, Philippines. The company owns and operates retail stores including department stores, supermarkets, hypermarkets and convenience stores throughout the Philippines.

History and Background

In 1982, Victor and Sally Gaisano established the Metro Gaisano Department Store and Supermarket together with their children. Metro Retail later expanded to major cities outside Cebu, opening stores in key cities in Central, Western and Eastern Visayas, as well as in Central Luzon, Metro Manila and South Luzon. The company was listed on the Philippine Stock Exchange on November 25, 2015.

Store Formats and Operations

Metro Retail Stores follows retail store formats including Metro Department Store, Metro Supermarket, Super Metro Hypermarket and Metro Fresh n’ Easy Neighborhood Store. The company’s supermarket business is operated under two brand names, Metro Supermarket and Metro Fresh N Easy, with the Metro Fresh N Easy brand name used for smaller supermarkets serving as neighborhood stores. Its hypermarkets provide a broad assortment of basic everyday products, while shopmetro.ph online platform allows shoppers to have their orders delivered at their doorstep.

Products and Services

The company is engaged in the business of trading goods, commodities, wares, and merchandise of any kind, such as clothes, bags, accessories, toys, and household goods, and offers a selection of meats, seafood, fruits, vegetables, and organic produce, and services to pharmacies, bakeshops, cafes, and fast food outlets. The company also offers handmade breads, cakes, and pastries, as well as branded and generic medicines, and health and wellness products, operates a food court, and leases its store space and warehouse.

Growth and Scale

Today, Metro Retail Stores Group has transformed itself into a company encompassing multiple store formats and has grown into a company of over 9,000 employees with 52 stores serving the needs of over 250,000 shoppers a day.

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