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astig said:
Bai!unsa ning S&R? shop & run ni....:eek:hno::lol:
http://www.snrshopping.com/

Welcome to S&R!

S&R is a membership-shopping club modeled after the warehouse membership shopping chains introduced in the United States.

The core concept is to deliver significant value to member-customers through an effective and efficient system anchored on aggressive buying, low-cost distribution and streamlined operations.

S&R provides an expansive selection of imported and local items in value packed sizes to cater to your PERSONAL and BUSINESS needs.

What S&R Offers
S&R offers high quality products on local and international brand names that guarantee satisfaction, unmatched savings and value for membership delivered always - - - everyday!

An incomparable shopping excitement that just won't stop... whether you're a Volume Shopper or a Regular Privileged Member of S&R.

S&R offers imported grocery items and extensive selection of premium wines and liquors from all over the world.
 
http://www.snrshopping.com/

Welcome to S&R!

S&R is a membership-shopping club modeled after the warehouse membership shopping chains introduced in the United States.

The core concept is to deliver significant value to member-customers through an effective and efficient system anchored on aggressive buying, low-cost distribution and streamlined operations.

S&R provides an expansive selection of imported and local items in value packed sizes to cater to your PERSONAL and BUSINESS needs.

What S&R Offers
S&R offers high quality products on local and international brand names that guarantee satisfaction, unmatched savings and value for membership delivered always - - - everyday!

An incomparable shopping excitement that just won't stop... whether you're a Volume Shopper or a Regular Privileged Member of S&R.

S&R offers imported grocery items and extensive selection of premium wines and liquors from all over the world.
salamat TJ completo kaau detalye..daghan kaau ko mahibaloan nmo...u r my idol SSCdavao:cheers:
 
Puregold Offers P16.5B For S&RBy JAMES A. LOYOLAMarch 28, 2012, 11:46pm

MANILA, Philippines — Puregold Price Club, Inc. is acquiring the chain of S&R Membership Shopping clubs from the family of common controlling shareholder Lucio Co for P16.5 billion.

In a disclosure to the Philippine Stock Exchange, Puregold said its board of directors approved the submission of a binding offer to acquire 100 percent of the equity of Kareila Management Corporation.

Kareila, a company wholly owned by the Co Family, owns and operates the S&R membership shopping clubs in the Philippines.

The proposed acquisition will be through a share for share swap, with Puregold offering 450 of its shares for every outstanding Kareila share based on the closing share price of P21.50 per Puregold share last March 26, the day prior to the approval of the transaction by the Puregold board.

The proposed transaction will result in the issuance of about 766 million new shares in Puregold to the Co family and post completion, the Co family will own 77 percent of outstanding shares of Puregold.

S&R is modeled after successful warehouse membership shopping chains in the US such as Costco. It operates 6 membership shopping stores in the Philippines with 4 stores in Metro Manila, 1 store in Cebu and the newest store in Pampanga which opened in November 2011.
S&R had total revenues of P4.1 billion in 2010 and P6.6 billion in 2011 implying growth of 61 percent, driven by the full year operations of the new store in Cebu as well as same store sales growth of about 39 percent.

In 2011, gross profit of S&R was P1.2 billion, implying a gross margin of 18.3 percent, EBITDA was P976 million implying an EBITDA margin of 14.7 percentand net income was P660 million, for a net margin of 9.9 percent
http://mb.com.ph/articles/355702/puregold-offers-p165b-for-sr
 
Davao to host S&R Price Club’s sixth store

MONDAY, 30 APRIL 2012 19:33 MANUEL T. CAYON / CORRESPONDENT



DAVAO CITY—Membership shopping entity S&R Price Club Inc. has begun issuing membership cards here and is now hiring staff for its sixth store in the country, and the first in Mindanao.

Velinda Funelas, marketing officer at S&R, told the BusinessMirror on Friday that the store is expected to open its doors in November, situated at the corner lot on Maa Road and MacArthur Highway, and fronting a shopping mall.

Hiring is expected to be completed in May for the Davao City crew, consisting of the management team on human resources, accounting and administration, and the sales force. It will also begin issuing membership cards, priced at P700 for individual members, and P900 for commercial businesses.

“We are upbeat on Davao City. It’s one of the fast-growing metropolises in the country and it is listed in the 100 fast-growing cities in the world,” she added. “We take off from that listing, and you can see around that indeed, growth is all around.

S&R President Anthony Sy paid a courtesy call at the office of City Mayor Sara Duterte in late February, and told the mayor that “we would like to be the first movers here because of the great economic indicators of the city”.

He also assured that the store usually tap the top local suppliers “for some of the items that we need.”

In hiring its personnel, he also said “we bring about only six to 10 of our people and hire the rest in the area where we operate.”

He also told the BusinessMirror the city “is one of the prime locations for expansion of its [network].”

S&R Price Club is formerly known S&R Membership Shopping until it was acquired by Lucio Co-owned Puregold Price Club. It would retain its same exclusive shopping menu for cardholders.

“That’s why you would see known politicians and movie personalities shopping at our stores, obviously to avoid the crowds, but mainly to seek out our prime items,” Funelas said. “Our products are not the usual items you see in the shopping malls.”

“To overseas Filipinos who miss the Costco shopping atmosphere, they usually go to our stores,” she added.

S&R has an affiliation with Costco Wholesale Corp., the same exclusive membership shopping store with stores in the US, Canada and Mexico, among others.
 
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