Villar Group Expanding Store Chain
By JAMES A. LOYOLA
MANILA, Philippines — Finds Convenience Stores, Inc. (FCSI), a member of the Retail and Services group of the Villar Group of Companies, expects to invest a total of P1 billion to expand its store network to 100 in the next 12 months.
The firm marked its entry into franchising thru its first Trade Conference held recently. The event was meant to establish and maintain strong business relations with existing and future business partners and to learn more about the future direction of the company.
Senator Manny Villar noted that his retail and service group is now embarking on expanding significantly with the economy doing well with the influx of remittances and steady growth of the BPO industry.
“It’s a huge market out there, it’s booming and we should participate in this boom,” said Villar adding that he envisions his retail and service group to become as dominating as its realty counterpart, Vista Land and Lifescapes.
“This is the beginning of a big group. This is the beginning of a dominant player in the industry,” said Villar.
He pointed out that, “we are dead set on becoming number one in this area. We are not intimidated by competition. We feel that competition here is very slow and we can move faster. So we accept the challenge, we are starting, we’re not late. We’ve only just begun. We’re just warming up.”
Finds president Jerry Navarrete FCSI is one of the many retail and service companies under the Villar Group, which also includes Starmall, Primewater, MGS Construction, Golden Haven, Planet Cable and Georgia College to name a few.
Finds Convenience Store was initially conceptualized to complement the villages and subdivisions developed by Vista Land nationwide and to serve the daily needs of its residents.
FCS has also put up an al fresco dining concept which offers all-day breakfast meals and ready-to-go meals any time of the day. (JAL)