RETAIL giant Puregold Price Club. Inc. will be spending P2.6 billion next year for expansion, officials said on Friday.
John Marson Hao, vice-president for investor relations, told reporters that they were allocating P1 billion in capital expenditures (capex) for the construction of additional Puregold stores, P1 billion for two S&R Membership Shopping stores, P450 million for 75 Lawson convenience stores, and P150 million for additional branches of S&R New York Style quick service restaurants (QSR).
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