Hoskyn's Department Store

Hoskyn's Department Store

Industry	Department store
Founded	1877 (1877) in Iloilo City, Philippines
Founder	Henry Hoskyn
Defunct	1948 (1948)
Successor	Washington Supermart
Owner	Hoskyn & Co.

Hoskyn's Department Store was a department store in Iloilo 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.

The department store was succeeded by Washington Supermart in 1948, and is located at the Hoskyn's Building on the corner of historic Calle Real and Guanco Street in downtown Iloilo City Proper.

History

Hoskyn's Department Store was founded by Henry Hoskyn, a former employee of the firm Smith, Bell and Company based in Manila and nephew of Nicholas Loney, a British vice-consul in Iloilo. 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 of Boston, 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.

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 on Iznart Street. Subsequently, it was later renamed Washington Supermart. In its succeeding branches, it became known as Iloilo Supermart and grew to become the largest supermarket chain in Western Visayas.