Savemore Market to build own building in Tacloban City
TACLOBAN CITY- A giant grocery store affiliated with the SM Food Retail Group is set to start its construction in the city before the year’s end.
This was revealed by city administrator John Tecson Lim who said that the Savemore Market branch in Tacloban will be conveniently located within the city’s commercial district.
Lim said that the coming in of the Savemore in the city is just an indication of Tacloban’s growing reputation as a fast emerging city.
Based on the information he gathered, Lim said that the Savemore Market branch in the city would be located along Justice Romualdez, just within the city’s commercial district.
The planned Savemore in the city would be constructed at four-levels occupying about two hectares lot, Lim said during the “Kapihan ha Balyuan,” a media forum sponsored by the city government.
Lim added that if plan would push through, the construction of the Savemore Market in the city would start by October of this year.
The lot where the proposed Savemore Market would be erected has been bought by the SM management years ago.
With this development, the city administrator debunked earlier reports that the SM (Shoe Mart) withdrew its plan to come to Tacloban to do business.
The opening of the Savemore Market in Tacloban is expected to generate employment and income for the city government.
Based on their website, Savemore Market is a chain of grocery stores under the SM Food Retail Group and is operated by the Super Values, Inc.
It first opened for business in 1999 located in Riverbanks Mall, Marikina with its first provincial branch opened in 2003 at Elizabeth Mall, Cebu.
Since then, it has 34 branches nationwide.
While Lim admitted that the SM company would open its Savemore Market branch in Tacloban, it has decided not to open its hypermarket branch at the New Bus Terminal at Abucay district.
This after the Robinsons Land Corp.(RLC) bought a lot at the said new bus terminal for its second shopping mall branch in Tacloban.
According to Lim, the SM management decided to cancel its plan to build its hypermarket at the said area considering that their competitor would be occupying a bigger area compared to the lot that they have considered as a possible site.(JOEY A. GABIETA)
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