Prince Hypermart

Prince Hypermart
Prince Warehouse Club, Inc.
Private
Industry Retail
Founded April 1990
Headquarters Cebu City, Cebu, Philippines
Number of locations
30[1]
Area served
Philippines
Key people
Robert Go (President)[2]
Website www.princeretail.com

Prince Hypermart is a Cebu-based retail store chain in the Philippines with branches in Visayas and Mindanao. It is owned by Robert L. Go, the Cebu's President for Philippine Retailers Association.[3][4][5]

History

Prince Warehouse Club Incorporated started in April 1990 with Robert L. Go as its chairman. Their first branch is at North Reclamation Area (today's Prince Warehouse Club NRA) when they converted a plain warehouse into a store with a single cash register. Initially they sells glassware, kitchenware, plastic ware and other household items.[6]

It expanded in 1993 with their second branch in A.C. Cortes, Mandaue City as Prince Hypermart Mandaue. Currently, Prince Hypermart Mandaue is managed by Prince Mandaue Chain of Stores (Prince Warehouse Club Mandaue Inc.) and separated from the Prince Warehouse Club Inc. The Robert's brother is Prince Mandaue's the managing supervisor.[7][8]

Prince later initiated programs to help the sari-sari store owners with their Prince Warehouse Club’s Sari-Sari Store Society (SSS). The program became a tool for Prince to help sari-sari store store owners to grow their business and can buy goods at Prince Hypermart with discounts and perks.[7][9][10]

Their operations in Cebu soon expanded to nearby towns and provinces within Visayas Region. Like their giant rival Gaisano, they expanded outside Cebu when they knew the Cebu is becoming "saturated" with a lot of their stores along the province.[3]

In 2015, Prince expanded their operations in Mindanao with its first branch in Oroquieta City, Misamis Occidental.[11][12] Their operations in Mindanao soon expanded in Zamboanga Del Norte, Agusan Del Sur, Agusan Del Norte, Surigao Del Sur, Surigao Del Norte and Misamis Occidental. At that same year, they had 24 stores with 500,000 customers served, everyday.[13] They also introduce ECPay, an electronic payment to their branches nationwide.[14]

Their expansion over Visayas and Mindanao as of 2015 took PhP 1 B investment.[15] They closes the year with a total of 28 branches.[14]

Today, they have now 32 branches nationwide with no branches yet in Luzon.

Branches

Existing Branches

Name Location and description Remarks
Prince Warehouse Club NRA 3rd Ave., North Reclamation Area, Cebu City The first Prince store.
Prince City Hall M.C. Briones cor. P. Burgos St., Cebu City A branch located near Cebu City Hall
Prince Hypermart Argao Dr. T.S. Kintanar St. cor. Lakandula St., Poblacion, Argao, Cebu
Prince Hypermart Minglanilla Poblacion, Minglanilla, Cebu
Prince Hypermart Daanbantayan Poblacion, Daanbantayan, Cebu
Prince Hypermart Dalaguete Poblacion, Dalaguete, Cebu
Prince Hypermart Danao Juan Luna St., Danao City, Cebu
Prince Hypermart Tuburan Don Teves Gallardo Street, Barangay III, Poblacion, Tuburan, Cebu
Prince Hypermart Abuyog Luyonsawang, Abuyog, Leyte First Prince Hypermart in Leyte and first branch outside Cebu.[16]
Prince Hypermart Oroquieta Barrientos St., Poblacion II, Oroquieta City, Misamis Occidental First Prince Hypermart in Mindanao.[11]
Prince Hypermart Baybay M.L Quezon cor. A. Bonifacio St., Zone 11, Baybay City, Leyte
Prince Hypermart Isabel Quezon St., Corner Roxas St., Sto. Nino, Isabel, Leyte
Prince Hypermart Bad-as Brgy. Bad-as, Placer, Surigao del Norte First Prince Hypermart in Surigao Del Norte and the second in Mindanao
Prince Hypermart Tandag Navales Extension Road, Tandag City, Surigao del Norte
Prince Hypermart Bislig R.B Castillo St., cor. Lapu-Lapu St., Mangagoy, Bislig City, Surigao del Sur First Prince Hypermart in Surigao Del Sur
Prince Hypermart Bago Cor. Hilario Yulo, Bonifacio St., Poblacion, Bago City, Negros Occidental
Prince Hypermart Bayawan Mabini St., Suba, Bayawan City, Negros Occidental
Prince Hypermart Hinigaran Burgos St. Brgy IV, Hinigaran, Negros Occidental
Prince Hypermart La Carlota Poblacion, La Carlota City, Negros Occidental
Prince Hypermart Sagay Poblacion II, Sagay City, Negros Occidental
Prince Hypermart Silay Cor. Rizal and Antonio Luna St., Zone 1, Silay City, Negros Occidental
Prince Hypermart Tanjay District 9, Opao, Tanjay City, Negros Occidental
Prince Hypermart Bayugan Poblacion, Bayugan City, Agusan del Sur
Prince Hypermart Prosperidad Purok II, Poblacion, Prosperidad, Agusan del Sur
Prince Hypermart Cabadbaran Atega cor. Curato St., Brgy. 5, Poblacion, Cabadbaran City, Agusan Del Norte
Prince Hypermart Dapitan Manuel L. Quezon St. cor., Sunset Boulevard, Dapitan City, Zamboanga Del Norte First Prince Hypermart in Zamboanga Peninsula
Prince Hypermart Sindangan Sindangan, Zamboanga Del Norte First hypermarket in Sindangan.
Prince Hypermart Ginoog National Highway, Brgy. 19, Gingoog City, Misamis Oriental First Prince Hypermart in Misamis Oriental[12]
Prince Hypermart Guiuan Ward 4A, Guiuan, Eastern Samar
Prince Hypermart Maasin Bantug St., Tunga-tunga, Maasin City, Southern Leyte
Prince Hypermart Naval P. Remedio St., Naval, Biliran
Prince Hypermart Larena Larena, Siquijor First Prince Hypermart in Siquijor[17]
Prince Hypermart Opol Opol, Misamis Oriental

Former Branches

Name Location and description Remarks
Prince Warehouse Club Mandaue A.C. Cortes Avenue, Alang-Alang, Mandaue City Now under Prince Warehouse Club Mandaue Inc.[7][8]

See also

References

  1. http://www.princeretail.com/our-stores/
  2. http://cebudailynews.inquirer.net/55352/retailers-group-pushes-mall-space-ordinance
  3. 1 2 "Cebu's retail scene expands". Sun.Star. 2015-12-23. Retrieved 2016-11-28.
  4. "Business sector welcomes appointment of Ramon Lopez as trade secretary". Sun.Star. 2016-06-21. Retrieved 2016-11-28.
  5. Garcia-Yap, Aileen (2015-04-23). "Retailers group pushes mall space ordinance". Cebu Daily News. Retrieved 2016-11-28.
  6. "Prince Hypermart All Set For 9th Sari-Sari Store Festival". MetroCebu News. Retrieved 2016-11-28.
  7. 1 2 3 "About Us - Prince Retail". Prince Retail. Retrieved 2016-11-28.
  8. 1 2 "Prince Warehouse Club Mandaue Inc Company Profile | EMIS". www.emis.com. Retrieved 2016-11-28.
  9. "Prince Hypermart holds Sari-Sari Store Festival". Sun.Star. 2016-07-18. Retrieved 2016-11-28.
  10. "'Sari-sari' connections". Sun.Star. 2015-08-16. Retrieved 2016-11-28.
  11. 1 2 "Prince Warehouse (Hypermart) Oroquieta City Branch | Phone Number". www.affordablecebu.com. Retrieved 2016-11-28.
  12. 1 2 "Retail chain to open 4 stores in Visayas, Mindanao this year". Sun.Star. 2015-07-28. Retrieved 2016-11-28.
  13. "Prince Philippines to expand". Inside Retail Asia. 2015-07-30. Retrieved 2016-11-28.
  14. 1 2 "Prince group introduces bills payment in branches". Sun.Star. 2015-07-08. Retrieved 2016-11-28.
  15. "Homegrown retail chain allots P1B for expansion". philstar.com. Retrieved 2016-11-28.
  16. "Prince Hypermart opens in Abuyog, Leyte | Leyte Samar Daily News". www.leytesamardailynews.com. Retrieved 2016-11-28.
  17. "Prince Hypermart Larena | Municipality of Larena". larena.gov.ph. Retrieved 2016-11-28.
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