The Villar Group through AllHome joins government and other private companies in signing a deal to procure Covid-19 vaccines. The Philippines’ leading home improvement retailer was represented by its Vice Chairman, Camille A. Villar, during the signing ceremony held on the same day.
The signing ceremony was held to honor the agreement among the Philippine government, local government units (LGUs), private sector donors, and AstraZeneca to secure additional doses of coronavirus vaccine as the country prepares for its immunization program this year.
“The Villar Group believes in protecting employees and their families. This vaccine will save not only lives but jobs and businesses as well” said Chairman Manuel B. Villar, Jr. “The vaccine will not only provide protection from the virus, but it will help boost consumer confidence to go out again. It is by helping each other during this time that we can start our journey to economic recovery,” he added.
AllHome understands how the pandemic has affected Filipino families and businesses since it broke out in early 2020. Camille Villar, AllHome Vice chairman, also mentioned, “In support of the nation’s persistent fight against Covid-19, we continue to find more ways of extending help to even more Filipinos through advocating for safe shopping in-store and providing contactless shopping options to consumers, donating learning tools to aid in DepEd’s distance-learning program, and most recently, the procurement of Covid-19 vaccines for AllHome employees and the public.”
In spite of the circumstances brought by the pandemic, AllHome has capably navigated the new normal as it registered P3.471 billion sales for the 3rd quarter, a 133% increase from the 2nd quarter of the same year.
Through its 2020 earnings, AllHome managed to allocate the necessary funding to make this donation possible. Through Go Negosyo’s A Dose of Hope Program, the national government, LGUs, and the private sector were able to raise another 17 million doses of Covid-19 vaccine from British Swedish pharmaceutical and biopharmaceutical firm AstraZeneca.
AllHome made a debut in the Philippine Stock Exchange via Initial Public Offering (IPO) on October 10, 2019. By the end of 2020, it has established a network of 50 stores across the Philippines.
