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 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.
The entrance of Hoskyn's Compound in the area bears the name "Galerias de Comercio Loring" in his honor.
[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.
In its succeeding branches, it became known as Iloilo Supermart and grew to become the largest supermarket chain in Western Visayas.