Metro Retail Stores Group
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Formerly called
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Metro Gaisano |
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| Public | |
| Traded as | : |
| Industry | Retail |
| Predecessor | White Gold Department Store |
| Founded | 1982 in Cebu, Philippines |
| Founders | Victor Gaisano Sally Gaisano |
| Headquarters | Mandaue, Cebu, Philippines |
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Number of locations
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46 stores (2015) |
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Areas served
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Philippines |
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Key people
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Frank S. Gaisano (Chairman and CEO) Jack S. Gaisano (President and COO) |
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Number of employees
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9,000 (2015) |
| Parent | Vicsal Development Corporation |
| Website | www |
Metro Retail Stores Group Inc. (stylized as METRO Retail Stores Group Inc., shortly known as Metro Retail or Metro) is a retail company based in Mandaue, Cebu, Philippines.
According to a 2014 report by Euromonitor, Metro is the largest operator of department stores and hypermarkets in the Visayas region, as well as the second largest supermarket operator according to retail sales value.
In 1949, Modesta Gaisano, together with her five sons - David, Stephen, Henry, Victor and John - established White Gold Department Store. After the death of Doña Modesta in 1981, her sons pursued their respective business interests by operating their respective Gaisano retail operations.
The Metro Retail Stores Group began in 1982 when the Metro Gaisano Department Store and Supermarket was established by Victor Gaisano and his wife, Sally, together with their children, Margaret, Jack, Edward and Frank. The group expanded to major cities outside Cebu by opening stores in key cities in Central, Western and Eastern Visayas, as well as in Central Luzon, Metro Manila and South Luzon.
The company's expansion in Metro Manila, in particular, was marked by the opening of the Market! Market! mall in the early 2000s.
Metro made its debut at the in November 25, 2015.
Metro Retail Stores follows the following retail store formats: Metro Department Store, Metro Supermarket, Super Metro Hypermarket and Metro Fresh n’ Easy Neighborhood Store.
As of November 2015, Metro Retail operates 46 stores across the Philippines specifically in the Visayas, Central Luzon, Metro Manila, Calabarzon and Bicol regions. It is planned to open a store in Mindanao by 2017.
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Wikipedia