Puregold Opens 1st Lawson Store in PH

Manila–(PHStocks)–PG Lawson Inc., a Joint Venture Company between Puregold Price Club Inc. (PSE: PGOLD) and Lawson Asia Pacific Inc. have set to open the 1st Lawson store in the Philippines on March 30 in Sta. Ana, Manila.

Lawson has set a target of rolling out 500 convenience stores by 2020. Under the partnership, Lawson will provide its expertise in convenient stores know-how and product development while Puregold will provide its expertise in product procurement and localized knowledge of the retail consumers.

With the opening of the first store, Lawson sets in motion the planned 50 store openings in 2015.