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 told ABS-CBM News.
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.