Villar spending P6B for new retail-format All Home
Feb 01, 2015
All Value Holdings Corp. of the Villar Group said it will spend some P5.5 billion to P6 billion in putting up its All Home stores—a new retail format that serves the needs of contractors and homeowners—around the country.
Manuel Villar, chairman of All Value and publicly listed Vista Land & Lifescapes Inc., said over the week-end the company targets to open six stores this year and and another six in 2016, as it expands its portfolio.
“The performance of our initial stores is very encouraging; so we decided to go full blast on our expansion for this year and the next,” Villar told reporters during the opening of the seventh branch of All Home in Molino, Cavite.