By Philstar
Tycoon Edgar “Injap” Sia II’s MerryMart targets to open its largest stand-alone full-sized supermarket in July.
Sitting on a 4,032-square-meter prime land located in Ayala Land’s Cresendo Estate in Tarlac, the new stand-alone full-sized supermarket will carry the full line of grocery, pharmacy, personal care and other basic essential products.
It will be an eco-friendly supermarket with roof solar panels, LED lighting fixtures, power efficient equipment, bicycle slots and electric car charging provisions.
The company said the stand-alone full-sized supermarket design of MerryMart Grocery would be the format for locations in sprawling horizontal communities.
“We are making strategic decisions that prioritizes long-term sustainability above all, laying the groundwork for the future success and growth of MerryMart to delight the customers today as well the next decades,” Sia said.
Despite posting higher revenues, MerryMart saw net income drop by 28.9 percent to P408.2 million in 2023 from P574 million in 2022.
READ the full story HERE.
