Supermarket operator AllDay Supermarket continues on with its expansion plans this year, as it eyes to reach a store network of 100 by 2026.

In a statement on Monday, the Villar-led company said it will be expanding in Mandaluyong and Sucat this year, in addition to the four stores it opened in Talisay, Bacolod, Cauayan and Sto. Tomas.

AllDay Supermarket also recently announced its plans to open 10 more stores in 2022 to grow its network to 45 by the end of the year.

“Given our synergy with the entire Villar group of companies, we are confident in our ability to maximize this synergy as we implement our strategy to grow the AllDay store network to 100 locations by 2026,” AllValue Holdings Inc. Chairman Manny Villar was quoted as saying in the statement.

AllDay Supermarket currently has 33 stores in its network, located across 25 cities and municipalities nationwide.

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Last month, AllDay Marts Inc. filed for its P6-billion initial public offering.

The firm looks to offer up to 6.86 billion common shares priced at up to 80 centavos per share, with an overallotment option of up to 685.71 million shares.

Proceeds from the offering will be used to repay the company’s debt, fund its capital expenditures and for the initial working capital of its store network expansion.

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