S&R Membership Shopping

S&R Membership Shopping is a chain of membership-only retail warehouse club in the Philippines.

History
S&R Membership Shopping was established in 2001 as S&R Pricemart under a partnership with PriceSmart of the United States. The name "S&R" stands for American businessmen Sol and Robert Price, founders of Price Club and PriceSmart. PriceSmart is the first major foreign retailer to enter the Philippine market since the passage of the Retail Trade Act 2000 which liberalized the retail sector. The first Philippine branch of PriceSmart opened at Bonifacio Global City (then The Fort) in November 2001.

PriceSmart sold its share in the joint venture in 2005 and was acquired by the Co family in 2006, and the retail chain was renamed as S&R Membership Shopping. The Co family's operations over S&R is taken care of by Kareila Management, Inc. which also operates the Puregold Price Club.

S&R expanded outside Metro Manila, when it opened its fifth branch in Mandaue, Cebu in 2010. The chain's first four chains were in Metro Manila.

In 2012, Puregold and Kareila underwent a merger. The former bought all the stakes of Kareila Management over S&R.

Business model
S&R Membership Shopping adopts the US warehouse club model, exclusively for members. It targets the upper middle class and offers a tire center at its locations. Additionally, S&R features a membership-free restaurant chain, known for its New York-style pizza.

Branches
As of May 2024, S&R operates 27 warehouse club branches, with 23 in Luzon, three in Visayas, and two in Mindanao.