Philippine chain Allhome eyes compact store formats
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Philippines retailer The Villar Group plans to open more compact versions of its Allhome DIY and building-supplies stores.
The move is a bid to position outlets within closer range of shoppers reluctant to travel far from home during the coronavirus pandemic. The new “Quick Fix” stores will stock DIY and a broad range of homeware.
“With the lockdown easing out and when the economic situation improves, AllHome may see itself opening more new stores, given its capability to fast track fit-out construction,” AllHome VC Camille Villar said.
The new outlets are likely to be located next to The Villar Group’s AllDay convenience stores to take advantage of the firm’s property opportunities.
The building-supplies chain operates 45 stores throughout the Philippines, roughly half of which were opened last year as part of an aggressive expansion strategy.
Questions & Answers
Q.What is the primary reason Allhome is introducing these new compact store formats?
What is the primary reason Allhome is introducing these new compact store formats?
Allhome is introducing the smaller formats to position outlets closer to shoppers. This strategy aims to cater to customers who are hesitant to travel far from home due to the ongoing coronavirus pandemic.
Q.What kind of products can customers expect to find in the new 'Quick Fix' stores?
What kind of products can customers expect to find in the new 'Quick Fix' stores?
The new 'Quick Fix' stores will stock a selection of DIY products. Also, they will offer a broad range of homeware items, catering to various home improvement and furnishing needs.
Q.Where are the new compact Allhome stores likely to be located?
Where are the new compact Allhome stores likely to be located?
The new compact Allhome stores are likely to be located next to The Villar Group’s AllDay convenience stores. This strategic placement allows them to use the firm’s existing property opportunities effectively.
Q.How many Allhome stores currently operate across the Philippines, and how many opened recently?
How many Allhome stores currently operate across the Philippines, and how many opened recently?
Allhome currently operates 45 stores throughout the Philippines. Approximately half of these stores were opened just last year, as part of an aggressive expansion strategy by The Villar Group.
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