Arcom Center, a new retail format store outlet house under one roof, was launched on May 18, 2017 aiming to cater to the fast growing market for consumer products in the municipality of Panglao, Bohol’s prime tourist destination.
The 18-unit store outlet anchored by the first 7-Eleven convenience store in the province is owned by retired ship captain Edgardo F. Arcay and his wife, regstered nurse Aniceta Arcay who both decided to invest and stick to familiar surroundings in their hometown.
7-Eleven opened its first branch in Bohol on May 10, 2017 serving the poblic on a 24-hour basis with no less than the convenience store chain’s chief executive officer Jose Victor Paterno cutting the ribbon with Aniceta.
The three-story business center is conveniently located in the town center right across St. Augustine Parish Church and is at the crossroads leading to hotels, government offices, schools and the town plaza, considered the largest plaza in Bohol.
According to Joel Guibone, Arcom Center business manager, the 926 sq.m. business center offers spaces for small businesses, restaurants with kitchen facilities, specialty shops, financial and pharmacy stores and other business catering to local community needs.
The choice of Bohol’s first 7-Eleven convenience store set up at the Arcom Center in Panglao bodes well for the booming local economy with the opening of the New Bohol Panglao Airport next year.
“I was born and raised in Panglao. My wife, Annie decided to invest our hard-earned savings into the local economy as our way of further strengthening our ties with the local residents and serving the needs of a growing consumer base in the municipality.”
The Arcay couple also pointed out that the rewards are not only financial but building personal bonds and mutual trust and building a reputation for caring about consumers needs leading to a growing healthy community.
“The community will also benefit from added jobs and the presence of a healthy business in Panglao keeping so much more wealth in the community”, Arcay said.
Arcay, now a harbor pilot in the ports of Surigao, Maasin and Bislig City and a board of director of the United Harbor Pilots Association of the Philippines told the Chronicle that an office of the association is slated to be opened in October in Panglao. (Chito M. Visarra)