MANILA - Wilcon Depot said on Monday it was expecting "better" third quarter numbers as people resumed in-store purchases immediately after the reopening in May.
"After the lifting of the MECQ [Modified Enhanced Community Quarantine], we see improvements in foot traffic and sales. Vice President and Investor Relations Officer Mary Jean Alger said the forecast is that “we should be near or even higher than first half." Wilcon has introduced programs such as "browse and collect" as well as virtual store tours via Facebook messenger to engage consumers.
Although lower than its initial plans, the company said it would open 9 stores next year to make up for this year's lag.
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