Isetann

{{Short description|Philippine retail company}} {{distinguish|text=Japanese department store Isetan}} {{More citations needed|date=April 2020}} {{Use mdy dates|date=December 2022}} {{Use Philippine English|date=December 2022}} {{Infobox company | name = Isetann | logo = Logo of Isetann.svg | logo_size = | image_width = | type = Private | foundation = {{Start date and age|1979}} (as Joymart) {{Start date and age|1980|7|27}} (as Isetann) Carriedo Street, Sta. Cruz, Manila, Metro Manila | location = Isetann Cinerama Recto, C.M. Recto Ave. corner Quezon Boulevard and Evangelista St., Quiapo, Manila, Philippines (previously until 1988, Carriedo) | locations = 5 branches (as of January 2016) | key_people = Jorge Go (co-founder and Chairman) John Gobenghuy (co-founder and CEO) | area_served = Metro Manila | industry = Retail | owner = Joymart Consolidated Corp. | homepage = {{URL|http://www.isetann.com.ph/|isetann.com.ph}} {{URL|https://www.facebook.com/IsetannPH/|facebook.com/Isetann}} }}

'''Isetann Department Store, Inc.''' under the trade name '''Isetann Department Store and Supermarket''' (or simply '''Isetann''') is one of the retail operators in Metro Manila, the Philippines. It was incorporated in 1980 by Chinese-Filipino entrepreneurs Jorge Go and John Gobenghuy<ref name=":0">{{Cite web|url=https://www.spot.ph/newsfeatures/the-latest-news-features/72455/avenida-rizal-vintage-photos-a1806-20180103-lfrm4|title=Revisit Avenida's Glory Days of Grand Theaters and Local Stores|date=January 3, 2018|first=Alex|last=Castro|website=spot.ph|language=en|access-date=April 23, 2020}}</ref> to operate Isetann commercial shopping centers such as the lease of commercial spaces within the compound of their malls and department stores. Isetann has about 2,000 employees.{{When|date=April 2020}} It has five branches.{{Citation needed|date=April 2020}}

==History== The roots of Isetann Department Store Inc. dates back on July 27, 1980<ref name="history">{{Cite web |url=http://www.isetann.com.ph/about.html |title=Brief History of Isetann |access-date=January 4, 2013 |archive-date=December 19, 2012 |archive-url=https://web.archive.org/web/20121219014722/http://www.isetann.com.ph/about.html |url-status=dead }}</ref> It was established in Carriedo, the former business district of Manila. Isetann was the revived version of 'Joymart' which was a smaller local supermarket chain, could not benefit much from economies of scale. Hence, 'Joymart' was renamed the now 'Isetann' which transformed into a modern large-scale retailer store, with bright signature colors of orange and green.<ref name=":0" /> The first and only Isetann Mall, Isetann Cinerama Recto, was opened in 1988 as Isetann's response to its rival mall SM North EDSA (opened 3 years earlier) located at the portion of Estero de Quiapo before becoming the site of the former Roman Super Cinerama which was burned down in the late 1970s. It primarily specializes in international and local movie screenings. The largest of the four branches, the Recto mall attracts shopping traffic because of its location beside Line 1 and Line 2 train stations in the office district of Manila.{{Citation needed|date=April 2020}}

During the rest of the 1980s, Isetann expands its business in Cubao, Quezon City in mid-1985. In April 1988 in Recto, Manila to become a fully functioning department store and supermarket. In July 1989 Sta. Mesa, Manila a wholesale store outlet was developed. Unlike the first 3 branches, the Sta. Mesa branch is only a supermarket sans Department Store.{{Citation needed|date=April 2020}}

Isetann is known for its marketing promotions, such as celebrity events, cooking competitions, hip-hop dance contests, and beauty pageants.<ref name="history"/> Celebrities who have appeared in Isetann include Marian Rivera, Xian Lim, Matteo Guidicelli, Sam Milby, and other well known local Filipino actors or singers. Besides celebrity promotions, the retailer also hosts sales, lotteries, and buy-one-take-one promotions.

In 2019, the department store was ordered shut down by the Philippine government due to "operating beyond its business permit", "misrepresentation of actual business area" and "questionable number of employees," according to the city's Bureau of Permits' memorandum. The mall has since reopened after compliance to regulations.<ref>{{Cite web|url=https://www.abs-cbn.com/business/10/10/19/tuloy-ang-pasko-isetann-recto-announces-reopening|title=Isetann Recto reopening halted for lack of permits, tax delinquencies|website=ABS-CBN News|language=en|access-date=April 23, 2020}}</ref>

==Branches== {| class="wikitable sortable" |- ! Name !! Location |- | '''Isetann Carriedo''' || Carriedo Street, Quiapo, Manila |- | '''Isetann Cinerama Recto''' || Recto Avenue corner Quezon Boulevard, Quiapo, Manila |- | '''Isetann Cubao''' || Araneta City, Quezon City |- | '''Isetann Wholesale Store''' || Magsaysay Boulevard, Manila |}

==References== {{reflist}}

==External links== * {{Official website|http://www.isetann.com.ph/}}

Category:Isetann Department Store Category:Retail companies established in 1980 Category:Department stores of the Philippines Category:Supermarkets of the Philippines Category:Companies based in Manila Category:Philippine companies established in 1980 Category:Privately held companies of the Philippines