by Franz Embudo – The Philippine Star, 23 Dec 2021 MANILA, Philippines — Swedish furniture and homewares chain IKEA Philippines has partnered with Mober, a Filipino technology-logistics company, for its last mile electric vehicle delivery to reduce carbon emissions.
by Louise Maureen Simeon – The Philippine Star, 9 Oct 2021 MANILA, Philippines — Retail spending in Asia-Pacific including the Philippines will remain subdued in the near term as consumers are still wary of COVID even as vaccination rates continue to rise, according to a survey conducted by UK-based data and analytics company GlobalData.
by Lawrence Agcaoili (The Philippine Star), 2 Jun 2021 MANILA, Philippines — At least half of the total retail transactions will be online as early as next year or one year ahead of the 2023 target of the Bangko Sentral ng Pilipinas (BSP) as the regulator continues to ramp up efforts to transform the Philippines…
by Louella Desiderio (The Philippine Star), 23 Oct 2020 MANILA, Philippines — Control measures enforced at malls and shopping centers were relaxed beginning yesterday to allow more patrons to enjoy their visit, encourage spending and spur economic activity, the Department of Trade and Industry (DTI) said.
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by Reuters, 2 Oct 2020 MANILA—In the middle of a coronavirus lockdown in the Philippine capital, Grace Lagaday was struggling to breastfeed her newborn without milk storage bottles and nursing pads.
Tokyo lacks authority in labor dispute between companies and franchisees JUNICHI SUGIHARA, Nikkei staff writer, APR 6, 2019 TOKYO — A Japanese cabinet minister urged the nation’s convenience store chains on Friday to resolve the mounting discontent among short-handed franchisees, making the unusual request in the absence of legal authority for the government to intervene.
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By Arra B. Francia, Businessmirror, May 2, 2018 SM PRIME Holdings, Inc. will be launching its own online platform within the year, in a bid to capture a slice of the booming e-commerce market.
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Big data, Internet of things and AI could reinvent physical retail stores. So what’s the hold-up? By Larry Dignan for Between the Lines | Jan 16, 2018 — The future of retail is being pitched by technology vendors looking to overlay artificial intelligence, big data and the Internet of things to brick-and-mortar outlets.
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By Thomas Barrabi, Dec 18, 2017 disproportionately felt the effects of the ongoing “retail apocalypse,” as traditional brick-and-mortar retailers cut jobs and close stores amid sagging sales.
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By Heather Haddon, Oct 15, 2017 Food retailers are racing to leverage one of the most important weapons in their battle to keep people coming to grocery stores: data. “Data is the new battleground,” says Stuart Aitken, chief executive of 84.51˚, Kroger Co.’s data-analytics unit, whose name derives from the longitude of the division’s Cincinnati…
By Iris Gonzales (The Philippine Star), Aug 21, 2017 MANILA, Philippines – The country’s retailers are now feeling the pinch of heightened competition from the once ignored, but now rapidly growing online shopping business, industry players told The Star.
By Boo Chanco (The Philippine Star), Aug 4, 2017 Many of us have been wondering when all this mall building frenzy will finally reach its saturation point. At last it is happening. Property consulting firm Colliers reports that vacancy rates are rising amid cutthroat competition in Metro Manila.
By: Doris Dumlao-Abadilla, Philippine Daily Inquirer, May 12, 2017 Vacancy rates are rising and rental rates are growing at a slower pace among shopping malls in Metro Manila amid cutthroat competition, according to the latest research by property consulting company Colliers Philippines.
MANILA, Philippines – The country’s retail industry may see a boost once the Association of Southeast Asian Nations (ASEAN) regional economic integration begins next year.
The Philippines’ shopping mall chains have virtually taken over the provinces, branching toward every urbanizing town or city to offer products that provincial customers used to buy only from Metro Manila stores.
PHILIPPINE retailers are bullish this year, with some eyeing to expand overseas, industry leaders said during the start of a national conference on Wednesday. “We are very optimistic,” Bernie Liu, Philippine Retailers Association (PRA) president, told The Manila Times on the sidelines of the 19th National Retail Conference and Stores Asia Expo 2010.
FRANCHISERS and their prospective investors should tread carefully as the global economic recovery remains fragile and consumers have become harder to please.
The Philippines’ market attractiveness to global retailers climbed three notches this year because of the growing outsourcing sector and remittances, according to A.T. Kearney.
CEBU CITY — Direct selling companies face bright growth prospects this year, as unemployment worsens and more employed workers look for additional income to cope with the difficult times.
Filipinos continue to shop at large department stores even at the height of the global economic crisis this year, but spent less on cheaper items that can be bought from bazaars, tiangge and other informal retail outlets.
SPACE occupied by retailers in Metro Maila shopping malls grew on the strength of non-traditional tenants, according to a property research firm.
Prices of goods sold in groceries and small supermarkets remain stable, as sales stay strong despite an economic slowdown, according to the Philippine Amalgamated Supermarkets Association Inc. (Pasai).