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Business

Villar sees brisk recovery of retail sector

Iris Gonzales - The Philippine Star

MANILA, Philippines — Tycoon Manuel Villar Jr. expects the brisk recovery of the retail industry, noting that all economic signs point to a rebound of the sector as consumers are expected to embark on revenge spending.

He said the All Value Group would continue to add locations in Metro Manila in anticipation of the country’s return to normal.

AllHome, the listed one-stop home center, for instance, has expanded its footprint in Metro Manila with the opening of its 56th location in Mandaluyong.

“All economic signs point to the brisk recovery of the retail industry. We believe that Mandaluyong City, especially our current location along Shaw, is a prime location. This location is a prime example of a market ready for ‘revenge shopping’ and they are the people who stand to gain from our full-line home center offering, range of products, services and exceptional shopping experience,” Villar said.

AllHome’s foot traffic improved with November 2021 foot traffic increasing by 22 percent from  October, indicative of customers’ comfort level with in-store shopping and reflective of the continued opening up of the economy.

On top of its in-store experience, AllHome has ready options for those who prefer to buy their home needs on the go.

They can choose to get their selections via AllHome’s Shop4U Personal Shopper, Curbside Pick-up or simply have their selections delivered straight to their doorstep.

In addition to growing its network, AllHome continues to explore different concepts that complement its homemaking and homebuilding offerings.

AllHome will also open its 57th store at the Evia Lifestyle Center, which is positioned as a niche specialty store for Hardware products, catering to specific home needs.

Customers in need of specific home solutions is a largely under-served market, especially in communities where AllHome is located.

With the opening of this newest branch, AllHome expects to further bolster its brand promise of a complete and comprehensive home retail experience.

MANUEL VILLAR JR.
Philstar
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