Metro Retail to pursue expansion, modernization despite challenges

Business & Finance
9 Jun 2026 • 12:05 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

Metro Retail to pursue expansion, modernization despite challenges

METRO Retail Stores Group Inc. (MRSGI) will continue pursuing expansion and modernization initiatives even as it navigates a challenging operating environment marked by cost pressures and external uncertainties.

“Our strategy continues to anchor on customer-intimacy, operational optimization, and merchandise innovation,” Chairman Sherisa Nuesa said during the company’s annual stockholders’ meeting.

“These pillars guide how we expand, how we invest, and how we serve our customers,” she added.

Nuesa said the retailer’s performance reflected “consistent execution and organizational alignment amid a changing retail landscape,” while remaining resilient against geopolitical tensions, oil price volatility, and other cost pressures.

President and Chief Operating Officer Joselito Orense said the company would remain focused on growth while strengthening its operations.

“For FY2025, MRSGI delivered a solid performance despite a dynamic operating environment,” Orense said. “We will continue to pursue targeted expansion while strengthening our store formats and enhancing customer experience.”

The retailer reported that net sales rose 4.9 percent year on year to P41.56 billion in 2025, marking the first time the company surpassed the P40-billion level. Net income grew 12 percent to P682.64 million, while earnings before interest, taxes, depreciation and amortization (Ebitda) increased 12.4 percent to P2.63 billion.

MRSGI ended the year with 81 stores nationwide after opening 10 new locations, including five Value Mart supermarkets and a supermarket and department store in Bais, Negros Oriental.

The company also introduced Metro Corner, a lifestyle-oriented retail concept, expanded its solar-powered store network to 19 locations, and continued investments in enterprise systems to improve operational efficiency.

During the meeting, shareholders also elected the company’s board of directors for the ensuing year, retaining Nuesa as chairperson and Margaret Gaisano-Ang as vice chairperson.

Metro Retail shares on Monday dropped P0.02 or 1.82 percent, to close at P1.08 each.