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PriceSmart was the first major foreign retailer to enter the Philippine market since the passage of the Retail Trade Act of 2000, which liberalized the retail sector. [3] In November 2001, PriceSmart opened its first branch on a 5,000 m 2 (0.50 ha) property in Bonifacio Global City, then known as The Fort. [4] [5] [6]
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This followed Philippine-based private equity firm Navegar's undisclosed investment into Dali, which began in August 2022. [5] In 2024, Singapore-based equity firm Venturi Partners invested US$25 million in Dali, [ 6 ] while DEG , the investment arm of the German state-owned development bank KfW , invested another US$8.4 million.
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Philippines: Introduced: 1988: Markets: Metro Manila and Laguna: Tagline: Living it up for you and Where everyday shopping is a pleasure: Website: landmark.ph - Supermarket; landmarkstore.com.ph - Department Store
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