 | |
 S&R's first branch at Bonifacio Global City | |
| Product type | Membership-only retail warehouse club chain |
|---|---|
| Owner | Puregold Price Club |
| Country | Philippines |
| Introduced | 2001 |
| Markets | Philippines |
| Previous owners | PSMT Philippines, Inc. [1] |
| Website | snrshopping.com  |
S&R Membership Shopping is a chain of membership-only retail warehouse club in the Philippines.
S&R Membership Shopping was established in 2001 as S&R Pricemart under a partnership with PriceSmart of the United States. [1] [2] The name "S&R" stands for American businessmen Sol and Robert Price, founders of Price Club and PriceSmart. [1] PriceSmart is the first major foreign retailer to enter the Philippine market since the passage of the Retail Trade Act 2000 which liberalized the retail sector. [3] The first Philippine branch of PriceSmart opened at Bonifacio Global City (then The Fort) in November 2001. [4] [5]
PriceSmart sold its share in the joint venture in 2005 and was acquired by the Co family in 2006, and the retail chain was renamed as S&R Membership Shopping. The Co family's operations over S&R is taken care of by Kareila Management, Inc. which also operates the Puregold Price Club. [6] [7]
S&R expanded outside Metro Manila, when it opened its fifth branch in Mandaue, Cebu in 2010. The chain's first four chains were in Metro Manila. [7]
In 2012, Puregold and Kareila underwent a merger. The former bought all the stakes of Kareila Management over S&R. [6] [8]
S&R Membership Shopping adopts the US warehouse club model, exclusively for members. It targets the upper middle class [9] and offers a tire center at its locations. Additionally, S&R features a membership-free restaurant chain, known for its New York-style pizza. [10]
Cebu City, officially the City of Cebu, is a 1st class highly urbanized city in the Central Visayas region of the Philippines. It is the capital of the province of Cebu, where it is geographically located but is one of three cities that are administratively independent of the provincial government. According to the 2020 census, it has a population of 964,169 people, making it the sixth-most populated city in the nation and the most populous in the Visayas.
Cebu Air, Inc., operating as Cebu Pacific, is a Philippine low-cost airline based at Pasay in Metro Manila. Founded in 1988, it is Asia's first low-cost airline. It offers scheduled flights to both domestic and international destinations. The airline operates flights from five bases in Cebu, Clark, Davao, Iloilo, and its largest base in Manila.
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Uniwide Sales, Inc. was a retail operator in Metro Manila, Philippines. It was incorporated in January 1975 by Chinese Filipino entrepreneur Jimmy Gow to operate Uniwide commercial shopping centers such as the lease of commercial spaces within the compound of their malls and department stores.
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All Day Convenience Store is a convenience store division of All Value Holdings Inc., a subsidiary of the Villar Group of Companies owned by a Filipino entrepreneur and former Philippine senator, Manny Villar. All Day Convenience Store was the former Finds Convenience Store Inc., an experimental business of Villar, which was established in 2008 with an initial 40 branches in Metro Manila.
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