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Monday, September 20, 2021

All Home Batangas retailer’s milestone

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ALL Home Corp., the Villar group-led retailer, said last Thursday that it opened its milestone 55th location in Santo Tomas in Batangas, as the company continue its expansion outside of Metro Manila and nearby provinces.

Located along Maharlika Highway, the newest store is joined by sister brands “All Day” supermarket, “Coffee Project,” “Bake My Day” and “AllDay RX” to bring the “comprehensive retail for the first-class urban city of Santo Tomas.”

With the opening of this location, All Home’s store network now stands at 55 stores nationwide, with 41 stores in Metro Manila, seven in Luzon, three in Visayas and four in Mindanao, according to the company.

“As the country’s vaccine efforts are now in full swing, we are optimistic, even more so as we see more concrete milestones leading towards containing and hopefully ending the pandemic. As the economy continues to open up, we fully intend to further grow our presence beyond Metro Manila,” company chairman Manuel B. Villar Jr. said. “We are proud to mark the opening of our 55th store, and the continuing mission to bring All Home’s complete, elevated home-shopping experience to even more Filipinos.”

All Home’s net income grew 27 percent in the three months of the year through March to P344.2 million from last year’s P270.21 million as it increased its margins from sales.

Revenues rose 6 percent to P3.6 billion from last year’s P3.36 billion, the company said.

It said its gross profit, earnings before interest, depreciation and amortization (ebitda) and net income margins were at 31.9 percent, 22.1 percent and 9.6 percent, respectively, which were all higher by over 125 basis points from same period last year.

All Home said it has established itself as “a builder’s haven, providing a reliable resource for contractors, architects, interior designers and homeowners.”

“From building a home, renovating one, or starting a DIY home improvement project, the company offers building and design professionals a comprehensive selection of unique, stylish and competitively-priced items.”

According to the company, “customers near and around the Santo Tomas area can also enjoy the All Home experience online.”

“With the opening of the Santo Tomas branch also comes the expansion of service area as well as faster delivery times from All Home’s very own e-commerce platform,” it said.

The company said it is optimistic for the rest of the year, “especially as more Filipinos are vaccinated, consumers will gain confidence to return to the stores.”

Read full article on BusinessMirror

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