Nine-month 2023 result of supermarket operator AllDay Marts showed a gross profit of 1.5 billion from total sales of 7.4 billion translating into a gross profit margin of 20.22%. While another supermarket operator, MerryMart Consumer, reported a gross profit of 0.9 billion out of total sales of 5.8 billion for the nine-month period of 2023,…Read More→
MerryMart Consumer (MM) and AllDay Supermarket (ALLDY) are the two new supermarket and retail business players that recently raised capital from the public stock market. In their IPO, they envisioned delivering a world-class grocery experience to Filipinos. With the capital raised from the public, they vowed to revolutionize the supermarket business and retailing. Legendary business…Read More→
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