Puregold Price Club, Inc. (PSE:PGOLD) eyes acquisitions. “The group is always on the lookout for opportunistic buying and strategic acquisition along the lines we are engaged in. Other than that, expansion is being done on an organic manner by adding more stores and locations but even with organic expansion we continue to look out for strategic acquisitions,” Cosco Capital president and Puregold director Leonardo Dayao said during the company’s virtual annual stockholders meeting. On acquiring a logistics company, Dayao said the group looked at it in the past and that it continues to do so but nothing has materialized so far.
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.
PUREGOLD PRICE CLUB, INC. 
