BACOLOD CITY – Membership retail establishment, Landers Superstore, said it is investing more than P500 million to open a branch here - the first outlet in Western Visayas - by March.
The new
store, once completed, is expected to provide at least 500 jobs for local residents.
The store will rise on a2.5-hectare property inside The Upper East, formerly the Bacolod-Murcia Milling Company Complex, and is now Megaworld’s
township and industrial estate development situated in the 34-hectare land
owned by the Araneta Group.
Pieter
Lukman, chief operations officer of Landers Superstore, said Bacolod has been
selected as the site for the new store due to its thriving economy and for
being one of the most business-friendly cities in the country. “We are very
excited for Landers to further expand in Bacolod,” Lukman said during a media
briefing held at Park Inn By Radisson here.
In a
statement, Landers Superstore said there is an increasing demand for premium
goods and experiences from the city’s growing population that will ensure a
steady market for its core business.
Before
launching its store expansion, Landers had been working with the Negrense
Volunteers for Change Foundation in its numerous outreach activities in Bacolod
and the rest of Western Visayas under the Mingo Meals Nutritional Support
Program.
Graham
Coates, first vice president and head of Megaworld Lifestyle Malls, said they
are also excited to host Landers inside The Upper East, which is envisioned to
become Bacolod’s newest central business district.
“This will be
one of our anchor commercial establishments that will be directly connected to
our iconic Upper East Mall,” he said.
Landers
Superstore Bacolod, which will open across two residential condominium
developments and upcoming business process outsourcing office towers, will be
directly connected to the west wing of the soon-to-rise three-level Upper East
Mall through a 30-meter long bridgeway.
The Bacolod
branch is the fourth Landers store under Megaworld, after Landers Alabang West,
Landers Arcovia City and Landers Uptown Bonifacio. “Our strategic partnership
with Landers has gone a long way. They are an important component of our rising
modern townships,” Coates added. (Nanette
Guadalquiver)
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