Mr Lee Posted December 31, 2008 Posted December 31, 2008 http://www.philstar.com/Article.aspx?Artic...bCategoryId=108 Wholesale-cum-retail mall opens downtown By Rhia de Pablo Updated December 13, 2008 12:00 AM A wholesale-cum-retail mall recently opened in downtown Colon area to provide affordable consumer products to the mainstream market.Located at the former Plaza Fair building, 138 Ye Sen Fa Mall targets the low-end to middle end segment of the market as it provides affordable consumer products ranging from clothing and apparel, electronics and gadgets, houseware, and a lot more, said its director for marketing, events, ads and promotions RC Perez in an interview.Perez said that products in the 138 Mall are imported goods from China and Taiwan because their tenants are direct importers of various consumer products in these countries.Along with its grand launching, the mall, which was reconstructed two months ago, initially opened around 40 boutique shops that sell a wide range of retail and wholesale items. "We have the lowest prices here and so people need not go to Manila or travel abroad anymore to buy imported stuff because we have it all here at super low prices," said Perez.He said that they opened the mall in time for the holiday season because they expect a bulk of shoppers who will be looking for less expensive gifts for their loved ones.Perez said that the concept of the mall is very much timely with the on-going financial crisis experienced by the country because they provide affordable products to their customers especially those who have a limited disposable income and shopping budget."As the first retail and wholesale mall in the city, we cater to people from all walks of life since our prices here are very competitive that even with a very minimal budget you can already buy good and imported items. We also want to attract micro entrepreneurs who wish to do wholesaling," said Perez.With several schools located within the area, 138 Ye Sen Fa Mall also hopes to capture the huge student market base around the area.The mall has three levels including a basement area which will be occupied by Unitop, a wholesale and retail store which already have several branches in the provinces.Aside from boutiques which sell diverse products, the mezzanine area of the mall will also be occupied by two major tenants Chowking and Jollibee which is still finalizing its date of opening.While the third floor area will be occupied by the mall's food and beverage tenants as the area will have a foodcourt and a stage for major events.The third floor will be operated as an entertainment center because it will host big events of the mall such as fashion shows, promotional campaigns and other events, said Perez.Currently, the mall are still looking for more tenants because they still have several available spaces for lease which are rated from P500 per square meters on the third floor and P750 per square meters for spaces on the second floor.Perez said that the mall was developed and operated by Ye Sen Fa Inc, a corporation of Chinese businessmen who saw huge potential in Cebu's retail industry.He said that being located in the downtown Colon area, 138 Ye Sen Fa Mall is eyed as another hub for affordable shopping, dining and amusement in the city."We want this mall to be the Cebuano masses' center for shopping where they can buy affordable items like in bazaars but with convenience and comfortability because it will provide all the amenities offered by major malls in town," he said.After opening around 40 shops this month, more tenants will be opening shops on the first quarter of next year. Link to comment Share on other sites More sharing options...
Mike S Posted December 31, 2008 Posted December 31, 2008 I think that is the one we went to the last time we were in Colon ....... if it is it is really nice .... well at least clean ..... with all the store owners (small stores) Chinese ....... lots of clothes and bag stores and of coarse the usual cellphone shops ..... many have small bins outside the stores with "buy one .. take one" and some 50% off ... (which means the same thing) but all in all not a bad place ...... IMHO Link to comment Share on other sites More sharing options...
BobNChe Posted December 31, 2008 Posted December 31, 2008 (edited) K and I went through there last week. She warned me not to buy anything there because the products were of inferior quality, even for cheap Chinese stuff that is sold in the vicinity. I have to say that after closer perusal, I agree with her. Just my opinion!When we were there the place was not clean at all even though it's a new place. That is what she pointed out to me as I was about to point the same thing out to her. If you look closely, it's still under finishing touches and they are working at the cleaning aspect! Edited December 31, 2008 by BobNChe Link to comment Share on other sites More sharing options...
Mr Lee Posted December 31, 2008 Author Posted December 31, 2008 (edited) Clean, Clean, you expect clean from a CUM retail? :th_exactly: I am just surprised you did not find the floors were slippery. :lol: OK, so I will just have to go there when we get back and try to slip and slide myself and see what I think about it, but I am just glad to see more stores opening, even if they have cheaply made stuff. Edited December 31, 2008 by Mr. Lee Link to comment Share on other sites More sharing options...
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