Alfamart optimistic on further expansion

By Earl John Alfaro

Sep 16, 2024 12:17 am

ALFAMART, the minimart chain of Sy family-led SM Investments Corp. (SM) and joint-venture partner PT Sumber Alfaria Trijaya Tbk of Indonesia, will continue to expand its network and is targeting 400 new stores by yearend.

'Alfamart is focused on Luzon, as there are still many underserved communities,' Alfamart Chief Operating Officer Harvey Ong told The Manila Times.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Ayala Land income improves to P21.2B

Century Pacific nets P5.3B in 3rd quarter

RLC infusion boosts REIT's profit

Jan-Sept earnings flat at P1.81B due to new plant costs, D&L says

Jollibee widens portfolio with Tim Ho Wan transfer

San Miguel Brewery profit rises to P23.4B

Ayala Land takeover of joint venture OKd