Gaisano Capital
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Gaisano Capital
Gaisano Capital is a chain of malls and supermarkets owned by Edmund S. Gaisano Sr., the second son of Henry S. Gaisano Sr. In the 1970s, he had his own construction business independent of his relatives. One of his projects was to construct a building (which was to be named the Henry Gaisano Building after his father, one of Doña Modesta's sons) located along Leon Kilat and Colon streets in Cebu City which was to be leased as a supermarket by his relatives. When the supermarket venture failed, Edmund Gaisano Sr. decided to open his own supermarket. This supermarket became the first Gaisano Capital supermarket and is presently known as Gaisano Capital South. As of the last quarter of 2015, Gaisano Capital has 31 stores, with the recent shopping mall opened December 2011 located in Surigao City. Others were in San Francisco, Agusan del Sur (also opened in November 2014), Tandag, Bislig, Butuan (opening soon but still under construction and later cancelled) and recently Balinga ...
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Shopping Mall
A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refer to the walkway itself which was merely bordered by such shops), but in the late 1960s, it began to be used as a generic term for the large enclosed shopping centers that were becoming commonplace at the time. In the U.K., such complexes are considered shopping centres (Commonwealth English: shopping centre), though "shopping center" covers many more sizes and types of centers than the North American "mall". Other countries may follow U.S. usage (Philippines, India, U.A.E., etc.) and others (Australia, etc.) follow U.K. usage. In Canadian English, and oftentimes in Australia and New Zealand, 'mall' may be used informally but 'shopping centre' or merely 'centre' will feature in the name of the complex (such as Toronto Eaton Centre). The te ...
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