Puregold to open 25 organic stores

Puregold Price Club Inc., the country’s second largest grocery retailer, is eyeing to put up another 25 stores this year as it continues to acquire existing chains of smaller competitors.

“We plan to open another 25 new organic stores this year. At the same time, we are also looking at acquiring existing groceries,” Leonardo Dayao, president of Puregold’s parent, Cosco Capital Inc., told reporters the sidelines of the supermarket chain’s annual stockholders’ meeting in Alabang, Muntinlupa City.