{"id":91735,"date":"2017-02-28T21:21:51","date_gmt":"2017-03-01T02:21:51","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=91735"},"modified":"2017-02-28T21:21:51","modified_gmt":"2017-03-01T02:21:51","slug":"wilcon-depot-eyes-acquisition-new-expansion-sites","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/02\/28\/wilcon-depot-eyes-acquisition-new-expansion-sites\/","title":{"rendered":"Wilcon Depot eyes acquisition, new expansion sites"},"content":{"rendered":"<figure id=\"attachment_91736\" aria-describedby=\"caption-attachment-91736\" style=\"width: 960px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/12743575_730612983707110_5967600147412731235_n.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-91736\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/12743575_730612983707110_5967600147412731235_n.jpg\" alt=\"Soon-to-be-listed Wilcon Depot Inc., the country\u2019s leading construction retail store, is scouting for strategic acquisitions and more locations to support expansion and target growth over the next five years. (Photo: Wilcon Depot\/Facebook)\" width=\"960\" height=\"960\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/12743575_730612983707110_5967600147412731235_n.jpg 960w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/12743575_730612983707110_5967600147412731235_n-150x150.jpg 150w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/12743575_730612983707110_5967600147412731235_n-300x300.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/12743575_730612983707110_5967600147412731235_n-768x768.jpg 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><figcaption id=\"caption-attachment-91736\" class=\"wp-caption-text\">Soon-to-be-listed Wilcon Depot Inc., the country\u2019s leading construction retail store, is scouting for strategic acquisitions and more locations to support expansion and target growth over the next five years. (Photo: <a href=\"https:\/\/www.facebook.com\/WilconDepot.PH\/photos\/a.720668738034868.1073741825.720667171368358\/730612983707110\/?type=1&amp;theater\">Wilcon Depot\/Facebook<\/a>)<\/figcaption><\/figure>\n<p>MANILA\u2014Soon-to-be-listed Wilcon Depot Inc., the country\u2019s leading construction retail store, is scouting for strategic acquisitions and more locations to support expansion and target growth over the next five years.<\/p>\n<p>Wilcon chairman and founder William Belo said the company was open to the possibility of an acquisition should opportunities arise.<\/p>\n<p>\u201cPreferably, of course, (the acquisition will be in our) related industries, in the retail business. We are expert in retail,\u201d he told reporters. \u201cBut the priority (now) is to continuously open branches.\u201d<\/p>\n<p>Belo said they were also targeting seven new locations to expand its store network across the country.<\/p>\n<p>\u201cStarting this year, we are targeting a total of 29 (sites) in the next five years,\u201d he said.<\/p>\n<p>The company aimed to roll out 27 new branches, bringing its total store network to 65 by 2021.<\/p>\n<p>Meanwhile, Wilcon Depot has sealed a partnership with the Philippine World Building and Construction Exposition (Worldbex).<\/p>\n<p>As a venue for product exhibition and building relationship with consumers, Wilcon will join Worldbex by showcasing its brands through a booth display.<\/p>\n<p>Worldbex 2017 is slated on March 15 to 19 at World Trade Center and SMX Convention Center in Pasay City.<\/p>\n<p>Over 1,000 exhibitors and 160,000 visitors from different parts of the world and the Philippines are expected to gather in the five-day trade fair.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u2014Soon-to-be-listed Wilcon Depot Inc., the country\u2019s leading construction retail store, is scouting for strategic acquisitions and more locations to support &hellip;<\/p>\n","protected":false},"author":33,"featured_media":91736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[15927],"class_list":["post-91735","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-wilcon-depot-inc","mauthors-leslie-d-venzon","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/91735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=91735"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/91735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/91736"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=91735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=91735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=91735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}