The old Limketkai Building along Capistrano Street, which was originally the Kairo Super Cinema and later Golden Bell Grand Center before it closed shop, will soon become another branch of SM SaveMore, SM Group’s stand-alone supermarket chain. This was revealed by Cagayan de Oro City Mayor Vicente Emano during his weekly radio program recently.
I have known this for a few months back but negotiations were still ongoing back then….until Mayor Emano made the announcement. This would be the second SaveMore branch in the city after Market City (SaveMore Agora). Still, no official press release from both parties but accordingly, this is a done deal already.
Golden Bell’s Cagayan de Oro branch (shown above) was its largest in Mindanao. But somehow, customers might have ran out of patience for the 4-level commercial establishment as the management offered no innovations, special promos, or even any gimmicks to draw the crowds back as most people will either go to the public markets, Gaisano, Ororama, Limketkai and even SM. Hopefully, the SM brand will relive the building’s glory days when it was then called Kairo (from limketKAI – ROsario) Super Cinema, the city’s largest theater way back in the 1980s.