Puregold Price Club, Inc. elected Lucio L. Co as Chairman, Susan P. Co as Vice-Chairman, Ferdinand Vincent P. Co as President, Baby Gerlie I. Sacro as Corporate Secretary, Atty. Candy H. Dacanay-Datuon as Assistant Corporate Secretary and Compliance Officer and Teodoro A. Polinga as Comptroller of the company at the Organizational Meeting of the Board of Directors held on May 10, 2016.
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.