Category: Ayala Land Inc

FamilyMart woos potential franchisees

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FamilyMart opened its doors to potential franchisees in an event that displayed its value of “spirit of family and fun.” The event which was held at the Intercontinental Manila on September 23 brimmed with over 300 guests excitedly anticipating what the Family Mart franchise had to offer.

The guests were not disappointed. Aside from discovering more about what they could possibly earn by entering the business, they were treated to a delicious buffet that included FamilyMart favourites. Host David Celdran also kept the crowd cheerful with trivia contests and wonderful prizes.

The program formally kicked-off with brief welcome remarks by Anthony T. Huang, president of Philippine FamilyMart CVS, Inc. and Bernard Vincent O. Dy, president and CEO of Ayala Land Inc. They both underscored the significant growth that FamilyMart has achieved since it was introduced in April 2013.

“We are pleased that FamilyMart’s upgraded convenience store experience was well-received by a market that’s becoming more sophisticated, and there is definitely room for expansion by partnering with franchisees,” said Bernard Vincent O. Dy.

FamilyMart was introduced in the Philippines on April 7, 2013. In less than two years, it now boasts of 65 stores in Metro Manila and aims to open up to 100 stores by the end of 2014.

“It has rapidly become a recognizable name that has garnered the attention of a huge working and student populace because of its unique offering – a new and unrivalled kind of convenience and lifestyle,” said Anton Huang.

“At the franchise event, Ed Paredes, General Manager of FamilyMart responded to questions posed by the guests. Below are 10 key points derived from the Q&A. Note that these are good to know as employees so we can likewise respond when friends ask. (Per current ALI/PFM policy, employees of ALI and subsidiaries, as well as their relatives, are not allowed to own a FamilyMart franchise). :

  1. Franchise Fee: P600,000
  2. Total Franchise investment: P4,400,000 (franchise fee, leasehold improvement, merchandise inventory, contingency deposit)
  3. Areas with BPOs have high traffic potential
  4. Ideally, FamilyMart stores should have a floor area of 100-140 square meters.
  5. Payback is about 4-5 years
  6. A period of 2-3 months is allotted for the processing of the franchise application. This includes the application process of assessment, store construction/improvement, and even training of the store crew.
  7. Exclusivity rules do not apply for Metro Manila stores but may be applied to provincial stores.
  8. Assessment is currently ongoing to determine the viability of bringing FamilyMart in other growth centers.
  9. FamilyMart partnered with BPI Family Savings Bank to provide financing support to interested franchisees.

FamilyMart is setting a new standard in the convenience store operations. Notwithstanding its strong global brand, its selection of products, and the way these are priced are just right on the target for the way people live nowadays. It is convenient and practical yet extraordinary in terms of product offering and hospitality.

Backed by a solid brand and a supportive franchise company, FamilyMart franchisees can expect significant returns on their investment. They can count on the growing market of FamilyMart fans who consider the store an essential part of their daily lives.

Ayala Land bags top award in the 2014 Philippines Property Awards

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Property giant Ayala Land Inc., developer of large-scale mixed-use estates such as the Makati and Bonifacio central business districts, has bagged the most coveted “best developer” citation at the Philippines Property Awards 2014.

The Philippines Property Awards, the local edition of the Asia Property Awards conducted annually by Ensign Media’s regional publication Property Report, spotlight the high-caliber work within the real estate industry, encompassing construction, architecture and interior design.

ALI chief finance officer Jaime Ysmael, who accepted the award on behalf of ALI in a gala event Tuesday night, vowed that the company would continue to strive to be a “relevant” developer and help in “enriching lives.” He said ALI would continue to build real estate projects that can “withstand the test of time” and help the Philippine economy.

Other ALI developments that bagged awards include Bonifacio High Street for being the best in landscape architectural design, and Abreeza residences for being the best residential development in Davao.

Store Specialists, Inc. and Ayala Land, Inc. Unveil a New Department Store Concept

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Store Specialists, Inc. and Ayala Malls, two of the country’s leading names in lifestyle retail, joined forces to open a new department store concept. Wellworth department store is the maiden venture of SIAL Specialty Retailers, Inc., a subsidiary of Stores Specialists, Inc. (SSI), and Varejo Corp., a subsidiary of Ayala Land, Inc. (ALI).

The same partnership is also responsible for bringing the Japanese convenience store chain FamilyMart into the Philippines.

Wellworth, a value-based, mid-market department store chain, aims to tap into the country’s growing market of aspirational yet price-conscious shoppers, by hosting a wide variety of international, local, and exclusive brands in a dynamic and exciting shopping environment.

Distinguished by state-of-the-art store design by award winning and renowned international architectural and design firm Blocher Blocher Partners, warm and engaging customer service, and affordable prices, Wellworth offers a refreshing take on the department store format. Featuring 15,000 square meters of selling space, the store carries a wide range of children’s, men’s, ladies’, cosmetics, and home selections geared for modern Filipino families. Each floor has a distinct shopping experience that brings new excitement to basics and lifestyle shopping.

According to Anthony T. Huang, President of SIAL, “The country’s positive economic indicators as well as the robust growth of the retail sector presents a great opportunity for expansion across most retail formats. Wellworth is focused on the burgeoning middle class that expects quality and affordability to go hand-in-hand in an inspiring shopping environment. We believe that the shopping experience is the new frontier for competitive differentiation.”

Backed by the combined expertise of its parent companies in retail operations and merchandising (SSI) and in real estate development (ALI), Wellworth is slated to be the department store anchor for strategic future Ayala Mall developments in key locations around the country. Wellworth is set to open 15 stores over a period of 5 years.

Wellworth Department Store is located at Fairview Terraces, 2733 Quirino Highway, Fairview, Quezon City. For more information, visit our website at www.wellworth.com.ph. You may also follow us on Facebook at facebook.com/WellworthPhilippines and Twitter, Instagram, Pinterest and Youtube at WellworthPH.

Store Specialists, Inc. and Ayala Land, Inc. Unveil a New Department Store Concept

PRNEWS Leave a comment

Store Specialists, Inc. and Ayala Malls, two of the country’s leading names in lifestyle retail, joined forces to open a new department store concept. Wellworth department store is the maiden venture of SIAL Specialty Retailers, Inc., a subsidiary of Stores Specialists, Inc. (SSI), and Varejo Corp., a subsidiary of Ayala Land, Inc. (ALI).

The same partnership is also responsible for bringing the Japanese convenience store chain FamilyMart into the Philippines.

Wellworth, a value-based, mid-market department store chain, aims to tap into the country’s growing market of aspirational yet price-conscious shoppers, by hosting a wide variety of international, local, and exclusive brands in a dynamic and exciting shopping environment.

Distinguished by state-of-the-art store design by award winning and renowned international architectural and design firm Blocher Blocher Partners, warm and engaging customer service, and affordable prices, Wellworth offers a refreshing take on the department store format. Featuring 15,000 square meters of selling space, the store carries a wide range of children’s, men’s, ladies’, cosmetics, and home selections geared for modern Filipino families. Each floor has a distinct shopping experience that brings new excitement to basics and lifestyle shopping.

According to Anthony T. Huang, President of SIAL, “The country’s positive economic indicators as well as the robust growth of the retail sector presents a great opportunity for expansion across most retail formats. Wellworth is focused on the burgeoning middle class that expects quality and affordability to go hand-in-hand in an inspiring shopping environment. We believe that the shopping experience is the new frontier for competitive differentiation.”

Backed by the combined expertise of its parent companies in retail operations and merchandising (SSI) and in real estate development (ALI), Wellworth is slated to be the department store anchor for strategic future Ayala Mall developments in key locations around the country. Wellworth is set to open 15 stores over a period of 5 years.

Wellworth Department Store is located at Fairview Terraces, 2733 Quirino Highway, Fairview, Quezon City. For more information, visit our website at www.wellworth.com.ph. You may also follow us on Facebook at facebook.com/WellworthPhilippines and Twitter, Instagram, Pinterest and Youtube at WellworthPH.

Altaraza: Vibrant city living meets community charm

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Ayala Land Inc. (ALI) broke ground for Avida Settings, Amaia Steps, and its health care facility QualiMed, that are three of the property components in Altaraza, its 98-hectare mixed-use development in San Jose Del Monte (SJDM). Altaraza, the first masterplanned township in the area, is envisioned to provide a convenient, organized, and modern residential and commercial experience to a broad progressive market.

Avida Settings Altaraza, the first house and lot residential subdivision in Altaraza Town Center comes as a mark of growth in the city. Professionals and businessmen, families or couples starting a family, are all invited to move into an address where life turns for the best. It brings city conveniences close to its residents without losing the community charm. The project integrates nature into its development by preserving century-old trees and the site’s natural terrain. It features a 1.6-hectare Nature Park with a clubhouse, pool, basketball court and treehouse.

Amaia Steps Altaraza is the first condominium residential project in SJDM and offers amenities that may be considered new to first-time home-buyers especially among the second generation families in the city. It is strategically located along Quirino Avenue corner Tungkong Mangga and is highly accessible through various means of transportation such as buses, jeeps, and tricycles. Amaia Steps Altaraza is only five minutes away from the entrance of Altaraza Town Center.

The whole community will also be provided with a state-of-the-art, 100-bed health care facility and services through the QualiMed hospital.

In addition, a total of 50 commercial lots are also expected to boost business and economic activities while ensuring the development’s sustainable features through open spaces, with a planned 7,800sqm Central Plaza and a 5-hectare Rain Garden that will function as a detention pond, all amidst the beautiful mountain range of Sierra Madre.

The development will also offer a distinct quality of education with Colegio San Agustin constructing a 20-hectare campus offering primary to tertiary education, with a Church and a sports stadium.

With a total investment of P6.8 billion over five years, Ayala Land brings its unparalleled expertise in developing masterplanned communities to Altaraza. It aims to deliver an enriched quality of living not only to San Jose Del Monte but also to its surrounding communities.