Supermarkets facing higher costs even as revenues rise

SUPERMARKETS are dealing with higher operating costs as pandemic restrictions ease, with an industry official saying that the pickup in sales is sometimes not reflected in the resulting profits, especially for smaller stores. Steven T. Cua, Philippine Amalgamated Supermarkets Association, Inc., president, told BusinessWorld Live on One News channel that supermarkets are still adapting to […]

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 […]