Puregold Price Club, Inc. Announces Executive Changes
February 27, 2013
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Puregold Price Club, Inc. announced the resignation of Ms. Marissa Delos Reyes as Senior Accounting Manager of the company, effective February 28, 2013. Ms. Marissa Delos Reyes will be replaced by Mr. Teodoro A. Polinga. Mr. Polinga has exposure in financial management, accounting and reporting systems having engaged himself in several domestic and foreign companies mostly as chief finance officer.
Puregold Price Club, Inc. is engaged in the business of trading goods, such as consumer products (canned goods, housewares, toiletries, dry goods, food products, pharmaceutical and medical goods and others) on a wholesale and retail basis. The Company operates in the retailing business segment. Its stores are divided into four store models: Hypermarket, Supermarket, Extras and Minimart. It has over 525 retail stores, consisting of 452 Puregold Stores, 22 S&R Membership Shopping Warehouses and 51 S&R New York Style Pizza (QSRs). Hypermarkets offer food and non-food products to retail customers and small business owners (stores include mini-marts, cafeterias, restaurants, bakeries, pharmacies). The Supermarket is primarily located in residential areas and offers a higher proportion of food to non-food products. It maintains two online platforms called, Sally and Rappit and is affiliated with other online delivery platforms, such as Pick-a-roo, Metromart, Lazada, and Shopee.