Retail company eyes 360 stores

A NEW Cebu-based pharmaceutical and retail store will launch on May 27 some of its 11 branches but will hold the grand opening next month.

ThreeSixty Pharmacy, founded by brothers Antonio and Ramon Yap, is seen to grow into a nationwide chain with 360 branches all over the country in nine years.

Stores in Mactan Southgate, ZRDC Town Square, R&R Commercial Bldg. on AC Cortes Ave. in Mandaue City and Fortune Square Building on MC Briones St., Cebu City will be open round-the-clock.

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Those in Mactan Marina Mall, Sharnica Suites in Guadalupe, Gandionco Bldg. in Colon, Grand Orchard in Mambaling, Barangay Bulacao in Pardo, Perez-Espina Bldg in Guizo and Dumlog in Talisay will be open from 6 a.m. to 11 p.m.

“We are now finalizing our display stores, adding finishing touches and training our employees for our opening next week,” Carlo Yap, president of ThreeSixty, told Sun.Star Cebu.

This year they will launch 40 branches all over Cebu, to be found in Toledo, Danao, Carcar, Bogo and Argao. Next target will be Bohol, Dipolog and other parts of Mindanao, and Luzon.

“The growing population, which is about five to eight percent a year, would require additional demand for medicine. This is why we ventured into this business,” Yap said.

The Yap family has been in the retail industry since the 70s, from distribution of consumer items to manufacturing.

Aside from selling a wide range of branded and generic pharmaceutical and nutritional products, ThreeSixty will also be a convenience store.

Yap said ThreeSixty offers the same service to everyone, whether one buys something for only P10 or for P1,000.