Connect with us

Hi, what are you looking for?

Economy

MerryMart wholesale operations to begin by April

MerryMart Consumer Corp. on Friday said it expects to begin its wholesale operations in April, after it completes a new logistics distribution center in Tarlac.

In a disclosure to the stock exchange, MerryMart said it has started accepting membership applications for the MM Wholesale Club program, which is free for now.

“The MM wholesale operations are slated to commence and fully service its members by April 2021, in time for the full completion of the new modern 11,000-square meter (sq.m.) MM Logistics Distribution Center in CentralHub-Tarlac in North Luzon,” the company said.

At present, MerryMart operates a distribution center in Laguna.

Starting April, MerryMart said the coverage area for bulk deliveries will include Metro Manila, Pangasinan, Tarlac, Zambales, Nueva Ecija, Pampanga, Bataan, Bulacan, Rizal, Cavite, Laguna, Batangas and Quezon.

Members in the covered areas can avail of free delivery for a minimum of P15,000 worth of wholesale purchases.

The distribution hub will serve both MM Wholesale Club members and the retail branches of the MerryMart Group
“The addition of this new 11,000 sq.m. modern MM Logistics Distribution Center will be an important step in supporting and increasing the expansion velocity of MerryMart’s various retail formats,” MerryMart Chairman and Edgar J. Injap Sia II said in a statement.

Membership is open to businesses and individuals. Those who sign up for membership until April 15 will receive a gift.

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

Shares in MerryMart closed 5% up to P7.60 each on Friday.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Investing

People living in rural areas are having to travel further to find somewhere to withdraw and deposit cash free of charge, says the City...

Investing

Ministers have ruled out extending the list of workers who are exempt from self-isolation rules and warned that the August 16 date for lifting...

Economy

The House of Representatives will adopt the Senate’s version of the proposed measure taxing Philippine Offshore Gaming Operators (POGO), a key lawmaker said on...

Economy

President Rodrigo R. Duterte on Friday approved the recommendation of his pandemic task force to enforce stricter quarantine rules in Manila, the capital, and...

Economy

Thirty-seven percent of Filipinos are optimistic that their lives will improve over the next 12 months, a non-commissioned survey shows.  Of the 1,200 respondents in Social Weather Stations’...

Economy

Six electricity consumers on Friday filed a complaint with the Ombudsman against Department of Energy (DoE) Secretary Alfonso G. Cusi, alleging that the government official has neglected his duties.  “In his five...

You May Also Like

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Economy

US President Joseph R. Biden, Jr., will rely on ally countries to supply the bulk of the metals needed to build electric vehicles and focus on...

Investing

As a traditionally rigid insurance industry becomes bogged down by antiquated processes and operations, a handful of industry leaders are seeking to shake things...

Economy

THE Securities and Exchange Commission (SEC) has warned the public from investing or to stop any investment in a group named Maxxprofit Computer Trading...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.



Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!