Lawson plans for 500 stores in the Philippines again

Date : 14 October 2019

Lawson has outlined plans to expand its network from 50 stores to about 500 over the next five years.

Expansion with Ayala Corp.

In 2016, Lawson with Puregold aimed to increase their store network to 500 stores by 2020. This has failed to materialise, and the relationship between the two companies ceased last year.

Lawson’s latest expansion plans will be supported by its new partner Ayala Corp, a local conglomerate that has business interests in many sectors, e.g. real estate, banking, telecommunications, water, power, industrial technologies, infrastructure, healthcare, and education.

Fierce competition

CVS rivals like 7-Eleven and FamilyMart continue to expand. While minimart operator Alfamart recently reached 700 stores in the Philippines. In addition to store expansion, Lawson may also collaborate with Ayala’s ecommerce business to integrate online services to its store network.