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.