Connect with us

Hi, what are you looking for?

News

Landers to open in Megaworld’s Bacolod township

MEMBERSHIP shopping store Landers Superstore is set to open its first store in Western Visayas inside a township built by listed property developer Megaworld Corp.

“We are very happy and excited to host another Landers in our township. This time, inside The Upper East township in Bacolod, which is envisioned to be Bacolod’s newest central business district,” said Graham M. Coates, first vice-president and head of Megaworld Lifestyle Malls, in a press release on Tuesday.

“This will be one of our anchor commercial establishments that will be directly connected to our iconic Upper East Mall,” Mr. Coates said.

The store will be Landers’ second one outside Luzon. It will sit on a 25,000-square-meter or 2.5-hectare property along Upper East Avenue across Two Regis and Herald Parksuites and integrated into where centuries-old trees are preserved.

“This premier membership shopping store will be directly connected to the west wing of the soon-to-rise three-level Upper East Mall via a 30-meter long bridgeway,” Megaworld said.

The store will feature its own Caltex gas station where “members can enjoy unrivaled exclusive discounts on fuel products.”

Landers Upper East will have a parking area designed to accommodate more than 300 vehicles at a time and with permeable paver blocks “for better rainwater retention.”

The store will host sustainable features including high bay LED lighting fixtures, energy-efficient air-conditioning units, and a rainwater collection system that will allow the harvesting of water for later use.

The Bacolod branch is the fourth Landers store hosted by Megaworld, after Landers Alabang West, Landers Arcovia City and Landers Uptown Bonifacio.

“Our strategic partnership with Landers has gone a long way. They are an important component of our rising modern townships,” Mr. Coates said.

Landers said that Bacolod stood out among other cities in the region for its “tremendous” economic growth over the years and its “solid” reputation.

“The retail chain also noted the increasing demand for premium goods and experiences from the city’s growing population, ensuring a steady market for its core business,” the company said.

The opening of the store is expected to provide employment to the local workforce and bring in investments.

“The opening of this new branch is expected to generate about 500 jobs from construction phase to its full launch,” the company added.

“Residents and visitors of the City of Smiles will have more reasons to smile because they can finally enjoy Landers’ full range of topnotch products, great deals, and exclusive perks closer to home,” said Landers.

On Tuesday, shares in Megaworld slipped by five centavos or 2.03% to P2.41 apiece. — Justine Irish D. Tabile

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

PHILIPPINE STAR/ MICHAEL VARCAS WASHINGTON D.C. — The United States is seeking to form a coalition of countries to drive negotiations on a global...

News

Buildings are seen along EDSA in Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Diego Gabriel C. Robles  THE WORLD BANK (WB) upgraded...

News

Heavy traffic is seen on the southbound lane of EDSA in Cubao, Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN THE PHILIPPINE auto industry’s...

News

REUTERS THE BANGKO SENTRAL ng Pilipinas (BSP) may deliver a second off-cycle rate hike in early November when the US Federal Reserve is expected...

News

Vendors arrange their goods at a public market in Manila. — PHILIPPINE STAR/ RUSSEL A. PALMA THE ASIAN Development Bank (ADB) is planning to...

Editor’s Pick

With the reversal of the 1.25% rise in National Insurance Contributions happening on the 6th of November, employers across the nation have an opportunity...

You May Also Like

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.