Lucio Co

Chairman and Owner, Cosco Capital Inc, Puregold, S&R Membership Shopping

 

Through the dominance of Puregold and S&R Membership Shopping, Chairman Lucio Co continues to revolutionize accessible retail shopping

Puregold chairman and owner Lucio Co maintains a relatively low profile. Instead of keeping the same buzz that other tycoons have enjoyed, he instead works quietly, steadily building a retail empire: one that provides astounding value to Filipinos from all sectors of society. 

Originally in the oil business, Co crafted a masterplan to bring affordable goods and seamless service to Filipinos amid the 1997 Asian Financial Crisis. Through Puregold, hypermarket shopping (where all products are in one level) has skyrocketed as the preferred shopping option by the public. Through his savvy command in business, Co managed to expand Puregold from a single branch to over 200 nationwide, later establishing the Tindahan ni Aling Puring program which provided sari-sari store owners with more entrepreneurial leverage through competitive prices. 

Despite its massive success, Co had bigger plans for Philippine retail shopping, later acquiring S&R Membership Shopping to bring USA’s warehouse bulk-buying model to the country. Now in real estate, wine and liquor industries, Co’s business aptitude continues to silently shine for the betterment of Philippine society. 

Impacted Industries


Did You Know?


Lucio Co’s success with Cosco Capital Inc is intertwined with his wife and co-business owner, Susan Co—a rare case of a married tycoon tandem.