Fears spread over Choppies contagion

The question is ringing louder in the ears of lenders, suppliers, affiliated businesses in the market and the numerous households which either have or know someone amongst Choppies’ 7,000 or so workforce.

The country’s single biggest private sector employer recently posted long awaited financial results showing a P444.5 million loss for the year ended June 30, 2018. This was shareholders and ordinary citizen’s first glimpse into the books of the troubled retail giant since April 28, 2018.