Metro Retail Stores Group, Inc. Announces Management Changes, Effective January 1, 2019
December 18, 2018 at 05:08 am IST
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Metro Retail Stores Group, Inc. announced Mr. Arthur Emmanuel has tendered his retirement as Director and President/Chief Operating Officer of the company effective January 1, 2019, and the board of directors has accepted his retirement. Mr. Emmanuel will continue to serve as Senior Adviser to the Board of Directors of the Corporation. Mr. Manuel Luis C. Alberto has been elected/appointed by the Board of Directors of the company as the new Director and President/Chief Operating Officer of the company effective January 1, 2019.
Metro Retail Stores Group, Inc. is a Philippines-based supermarket, hypermarket and department store operator. The Company's primary purpose is to buy, sell and trade goods, wares and merchandise of every kind and description. The Company's supermarket business is operated under two brand names, Metro Supermarket and Metro Fresh N Easy. The Metro Fresh N Easy, brand name, is used for its smaller scale supermarkets serving as neighborhood stores. Its department stores are operated under the brand, Metro Department Store. The Company's hypermarket retail format is operated under the brand, Super Metro. The Company's hypermarkets are a hybrid between its supermarkets and department stores, providing a broad assortment of basic everyday products. shopmetro.ph, its online platform for both supermarket and department store, allows shoppers to have their orders delivered at their doorstep. It has a total of approximately 62 stores, with a total net selling space of 249,824 square meter.