Puregold seals convenience store deal with Japan’s Lawson

PUREGOLD Price Club Inc., the country’s largest supermarket chain, will soon start rolling out convenience stores after securing a deal with Japanese retail giant Lawson Asia Pacific Inc. and Lawson Inc.

In a filing with the Philippine Stock Exchange on Friday, the Lucio Co-led firm disclosed that it has entered into a joint venture agreement with the Japanese retailer to build and operate convenience stores in the country over the next seven years.