MerryMart upgrades targets amid bullish outlook on retail

MANILA, Philippines  —Tycoon Edgar “Injap” Sia II’s Merry Mart Consumer Corp. raised its 2030 recurring revenue target to P150 billion, reflecting its strong confidence in the Philippine retail sector despite current inflationary pressures. MerryMart, which operates grocery stores and supermarkets, said the new figure was 25 percent higher than its original goal. “When we set
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