CPL Group, PNG’s homegrown retailer, announces the official opening of their new retail business, Jack’s of PNG, this Friday, April 17.
This new retail business marks an important expansion for the company and a significant step towards elevating the shopping experience in PNG.
Located at Waigani Central, the site of Jack’s of PNG, the 800-square-meter space feature spaces to be used for exciting merchandise mix on apparel and accessories plus corporate sales on company uniforms.
With an increasing number of residents and office spaces in nearby areas, CPL Group’s Waigani Central is poised to be the preeminent venue for complete shopping experience, placing their retail businesses in a high foot traffic and fully functioning retail environment – completely void of the old-fashioned shopping experience.
The new retail business, in a joint business venture with Jack’s of Fiji, will serve as one of the anchor tenants of Waigani Central, along with other CPL retail businesses namely Stop N Shop, Haus Depot and Paradise Cinemas. CPL Group has a long-term lease agreement with Steamships Trading since 2013 for Waigani Central and has since been actively elevating the merchandise mix and shopper experience. Waigani Central is ideally situated in a densely populated area of nearby offices and residences. The addition of Jack’s of PNG will further expand the shopping complex’ appeal for this busy trade area.
“The strategic addition of Jack’s of PNG to Waigani Central is a game-changer for this property and poses a win for an iconic retailer like CPL Group,” said CPL Group Chairman Mahesh Patel.
“Jack’s of PNG will draw value-loving fashionable shoppers in Port Moresby. We are very pleased that Jack’s of Fiji share our vision of the future potential of this business.”
Following this, Jack’s of PNG plans to open more stores in few years’ time if there are good locations. The company envisions additional locations to launch, and given this expansion, is set to hire hundreds of store associates.
“We are confident that Jack’s is set for continued rapid growth in Papua New Guinea, and our expansion outside Fiji is rooted in our sincere desire to bring the joy of wearing truly great but affordable clothes to Papua New Guineans,” says Avinesh Prasad, General Manager for Finance and Administration of Jack’s of Fiji.
Jack’s of PNG carries specialty brands like Rip Curl and a lot more.
CPL Group is also developing the location of old Stop N Shop Central Waigani in the 2,500-square-meter area contiguous with the entire Waigani Central Shopping Complex. The project will include an international food court designed to deliver more of the big-box and freestanding restaurants that are a proven draw for the trade area. It will also include CPL Group’s Food Division namely Boncafe and Eagle Boys Pizza.
For further queries, please contact PRUE GOof CPL Group’s Marketing Department in these contact details: