MerryMart Grocery to open eco-friendly supermarkets in Laguna, Tarlac

MERRYMART Consumer Corp. has signed a 15-year long-term lease contract with Ayala Land, Inc. to open stand-alone full-sized eco-friendly supermarkets in Nuvali in Sta. Rosa, Laguna and Cresendo in Tarlac.

In a disclosure on Thursday, MerryMart said that supermarkets will be equipped with roof solar panels, LED lighting fixtures, and will use power-efficient equipment with bicycle slots and electric car charging provisions.

A full line of grocery, pharmacy, personal care, and other basic essential products will also be offered.

MerryMart Chairman Edgar J. Sia II said the MerryMart group “is glad to have the opportunity to soon serve and delight consumers around the vast community developments” in the new locations.

The MerryMart groceries in Nuvali and Cresendo will have about 2,261.21 square meters (sq.m.) and 2,076.90 sq.m. of retail space, respectively.

The listed retail company said the full-size design of MerryMart Grocery will be the format for locations in sprawling horizontal communities.

MerryMart is a wholly-owned subsidiary of Injap Investments, Inc., which also owns 35% of DoubleDragon Properties Corp.

At present, its organic branch expansion and acquisitions total 105 branches nationwide.

MerryMart aims to have a total of 1,200 branches nationwide and to generate P120 billion in system-wide recurring consumer sales revenue by 2030.

On Thursday, shares in the company surged by 3.1% or four centavos to close at P1.33 apiece.