Industry | Department store |
---|---|
Founded | 1877; 148 years ago (1877) inIloilo City, Philippines |
Founder | Henry Hoskyn |
Defunct | 1948 (1948) |
Successor | Washington Supermart |
Owner | Hoskyn & Co. |
Hoskyn's Department Store was adepartment store inIloilo City,Philippines. Established in 1877, it was the first department store in the Philippines. It was also the first to introduce the “fixed price” policy in merchandising in the country, offering a wide range of products including groceries, hardware, stationery, toys, watches, jewelry, machinery, buttons, and threads, among others.[1][2][3]
The department store was succeeded byWashington Supermart in 1948, and is located at the Hoskyn's Building on the corner of historicCalle Real and Guanco Street in downtownIloilo City Proper.
Hoskyn's Department Store was founded by Henry Hoskyn, a former employee of the firm Smith, Bell and Company based inManila and nephew ofNicholas Loney, a British vice-consul inIloilo.[4][5] It was also managed by J. C. Hoskyn, Herbert Peter Hoskyn, George Medhurst Saul, A. Ponce de Leon, E. Garcia, and Gregorio Manuel Loring Sr., Loring was the son of Wright Boott Loring ofBoston, the first American vice consul in Iloilo. The entrance of Hoskyn's Compound in the area bears the name "Galerias de Comercio Loring" in his honor. By 1925, Hoskyn & Co. was incorporated.[6]
After World War II in 1948, the Que Family acquired the company, and renovated and reconstructed the Hoskyn's Building, where the department store was located, on a larger scale. Hoskyn's Department Store was replaced by Washington Commercial, becoming the Que Family's second store after the Washington Grocery onIznart Street. Subsequently, it was later renamed Washington Supermart. In its succeeding branches, it became known asIloilo Supermart and grew to become the largest supermarket chain inWestern Visayas.[7]