Cosco's flagship grocery retail chain, first opened in Mandaluyong City in 1998. Marking its 25th Anniversary in 2023, the retail giant delivered another strong performance and solidified its position as a leader in the country's grocery retail industry.
Since its founding, Puregold has continuously expanded its nationwide retail network through organic expansion and strategic acquisition. To grow its market coverage and share, it introduced another store format in 2008 called the Puregold Jr. Supermarket, a smaller store carrying a variety of products.
Two years later, Puregold Extra was launched and even smaller yet similarly successful store chain. Through its various store formats, the company saw a significant increase in sales which in turn prompted more expansion opportunities.
S&R is a membership-shopping club modelled after the warehouse shopping chains introduced in the United States.
The core concept of S&R 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 started with warehouses in four key locations in BGC, Alabang, Congressional, and ASEANA in 2006. Since then, its reputation for offering a unique, streamlined shopping experience has only grown stronger; its warehouses, with their signature, hygienic white and blue design, have become meccas for high-quality imported groceries, food, and lifestyle products.
The Keepers wholly owns four of the major players in the Philippine liquor, wine, and specialty beverage distribution industry - Montosco, Inc., Meritus Prime Distributions, Inc., Premier Wine and Spirits, Inc., and Fertuna Distributions, Inc.
Collectively, our group is the largest distributor of imported spirits in the Philippines by far. In 2020, we had a market share of 74.0% based on volume and 66.9% based on retail sales value according to IWSR.
Since 1998, Office Warehouse has been a provider and a partner consultant to small and medium enterprises, government institutions and the education sector for quality, cost-efficient, and value-adding office and school solutions. It currently operates 87 outlets, mainly in Metro Manila. It also has branches in North and South Luzon. In addition to its own branches, it has store-within-a-store concept in 7 Puregold outlets.
Office Warehouse has consistently surpassed historical sales with an annual average growth of 16%. The global pandemic stalled its growth projectile, but it has managed to remain income positive. A no small feat, considering its market, the SMBs and school community, were hard hit by lockdowns and closures. All thanks to its updated product mix, relentless selling efforts of the ops team, and its online presence for customer convenience and accessibility.
Ellimac Prime Holdings, Inc. is the flagship company of Cosco's real estate group. It was formed through the merger of four property companies in December 2012, namely: PILGOR Development Services Corporation, 514 Shaw Property Holdings Inc., Cosco Prime Holdings, Inc. and Pajusco Realty Corporation.
In 2016, 118 Holdings, Inc. was merged to Ellimac Prime Holdings, Inc., acquiring all assets of the former which brought additional 45,858 square meters of land in the latter's portfolio and at least 7,000 of gross leasable commercial space from its commercial building in Imus, Cavite.
As of 2022, the company owns fifty-five (55) properties located in prime Metro Manila areas and across the Central and Northern Luzon provinces of Bulacan, Nueva Ecija, Quezon and Cagayan. Among these are thirty-two (32) properties operating as commercial retail buildings, nine (9) on land long-term lease arrangements and fourteen (14) more in various stages of planning and development.
Fertuna Holdings Corporation is considered the stronghold of Cosco Capital, Inc. in Central Luzon. Together with Ayala Land, Inc., Fertuna developed a 6.5-hectare parcel of leased land into a commercial retail complex called Harbor Point. The development, was formally opened in September 2012 with Puregold as its anchor tenant, and is strategically located within the heart and bustling economic hub of eco-friendly Subic Bay Freeport Zone.
To date, Harbor Point is known as a major shopping destination for residents of Central Luzon with its tax and duty-free importation privileges under Republic Act 7277. The significance of Harbor Point as a commercial hub solidifies Cosco's position as a leading real estate developer in the Central Luzon area. With future ventures and developments in the pipeline, the Fertuna group will continue to be major industry player for years to come.
NE Pacific Shopping Centers Corp. owns and operates the NE Pacific Mall, the ultimate shopping and family entertainment destination in the province of Nueva Ecija.
The NE Pacific Mall, which was developed within a 12.5-hectare commercial property, has a total gross floor area of 32,800 square meters and 24,747.87 square meters of leasable spaces for different brands and establishments such as supermarkets, department stores, hardware and appliance centers, restaurants, and its very own Puregold Price Club as an anchor tenant.
The entry of S&R Warehouse Club as a tenant/ locator adjacent to the NE Pacific Mall in 2018, along with the presence of other locators such as the PSA, SSS and Philhealth, continued to generate increased foot traffic for the mall and helped it stay ahead of the competition.
Nation Realty, Inc. is Cosco's mall development arm. Its 999 Shopping Mall is a specialty mall in the heart of Binondo that houses numerous bazaar stalls, giving shoppers a fresh approach to the flea market or "tiangge".
As 999 Shopping Mall became the retail hub for Filipino shoppers and resellers who want to purchase quality items at low prices, it has established Nation Realty as a dominant player in the retail shopping segment. It has also been the source of the trending online sellers.
The shopping mall has two developments, the first of which was completed in 2011. It is a four-storey building that offers a 31,931 square meter gross floor area. The second phase was completed a year later, with a seven-storey building providing a gross floor area of 84,292 square meters.
Moving forward, Nation Realty, Inc. will continue to grow the business through additional income-generating activities, mall expansion and increased branding efforts.
Cosco is a major force in the Bonifacio Global City (BGC) real estate sector through Patagonia Holdings Corporation's acquisition of seven parcels of land with a total area of 1.3 hectares. The strategic location of the properties in the growing business district of BGC makes it a promising investment for future growth.
Patagonia Holdings' property also enabled S&R Membership Shopping to operate a retail outlet in BGC since the year 2000. The premier location of the land worked to the company's advantage, with its accessibility to patrons and consumers allowing for a steady market for S&R's retail outlet.
Patagonia Holdings' premium property attests to its attractiveness as a venture that investors can derive long-term benefits from.
Pure Petroleum Corp. (PPC) commenced operations of a fuel terminal facility inside the Subic Bay Freeport Zone in December of 2012. It currently operates at full capacity a tank farm of nine fuel storage tanks with a total capacity of 88.5 Million liters, 700 KL Ethanol and a 250 KL CME storage tank.
The terminal also operates jetty facilities for bulk loading and unloading, mooring buoys, water storage tanks for fire protection and maintenance as well as truck loading racks. It has adapted the best practices of the oils industry, applicable policies and procedures to ensure safe and efficient operation.
Alcorn Petroleum and Minerals Corporation (APMC) is a wholly owned subsidiary of Cosco Capital, Inc. and was organized on July 5, 2013 to pursue exploration and development of Cosco's interests in oil and mining business activities.
Among the company's interests are Service Contract (SC) 14-C2 in the West Linapacan Area, Service Contract (SC) 6B in the Bonita-Cadlao Area and Limestone exploration and development project located in Merida and Isabel Leyte.