The company broke new ground with its innovative business strategies in Retail and Network Marketing. Through this brand, consumers gain access to improved immunity at a very affordable price. These products and the easy to understand marketing plan propelled FERN from a startup company of only six employees and a handful of members into a billion-peso company with over employees and a million members stretching all across the Philippines.
Mariano Que is the founder of Mercury Drug. He was not born rich like other successful entreprenuers. Que came from humble beginnings. As a survivor of World War II, he was orphaned and was deprived of the chance to study early on. The Mercury Drug founder, who just passed away, initially worked as an employee of a drug store chain during the pre-war era.
After the devastation of World War II, Que knew Filipinos needed Sulfiathiazole — a "miracle" drug used to cure many diseases and illnesses. But since pharmacies that time hardly sold Sulfiathiazole, Que then decided to invest his P to buy the drug and sell these in single doses to reach the poverty-stricken communities.
Selling Sulfathiazole by individual pieces, Que was able to save enough to open up the first outlet of Mercury Drug in Bambang, Manila on March 1, Que set himself apart by building a reputation for quality products and fair prices in a market that was filled with sellers who sometimes sold fake, expired, out of date, or even dangerous medicines at exorbitant prices.
Sulfiathiazole Mercury Drug remained a one-store operation till the s, but Que started buying vehicles to deliver medicine to customers in InQue expanded store hours to 17 hours a day, 7 days a week.
The nascent firm expanded inopening its second branch in the developing Makati central business district on the invitation of Ayala Corporation. It was then when Mercury Drug pioneered the self-service concept. InMercury Drug opened its 3rd store in Quiapo, which, to this day, operates 24 hours a day, 7 days a week.
Mercury Drug expanded beyond Metro Manila inafter it bought Medical Center Drug Corporation, which produces medical supplies and equipment.
UST Rector Fr Herminio Dagohoy also praised Que, saying his model of retail pharmacy "saved many lives and helped people — specifically those who survived the war — get back on their feet and rebuild. The Ayala family has also joined the fray.
Its unit, Ayala Health, is aiming to expand the Generika Drugstore network to 1, by In a previous version of this story we said SM malls host about 4,plus outlets of pharmaceutical, health and beauty retailer Watsons.
The malls host only some of these.Nestled under one roof are Robinsons retail giants (Robinsons Supermarket and Handyman Do It Best), several restaurants and food outlets, retail and specialty stores, and commercial spaces allotted for BPO/call centers, medical clinics and other offices.
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The deceased founder of Mercury Drug was named "Father of Health and Wellness Retailing." TERESITA SY-COSON. The eldest daughter of tycoon Henry Sy Sr., who helps oversee his business empire, was named "Philippine Retailing's Woman Visionary Leader.". As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.
Municipality of Binangonan has a total of forty (40) barangays, 23 mainland and 17 island barangays. It is located at 37 kilometers from Manila with a total land area of 7, hectares. As of , Binangonan has a projected population of , residence with , registered voters.