PRA Supports Marawi Troops
The Philippine Retailers Association (PRA) extends its support to the troops in Marawi by donating 265 pieces of gauze bandages and 170 bottles of 100-ml insect repellent lotion. The PRA, represented by Assistant Secretary General BM Miranda and Advocacy and Communications Officer Mayan Sangil delivered the said items at the Joint Special …
SM Prime Holdings: Largest Mall Operator In The Philippines
(Source: Seeking Alpha | November 21, 2017) SM Prime Holdings continues to be the largest mall operator in the Philippines that has a stable mall portfolio with average 94% occupancy rate and 7% same-store rental growth. For the past five years, its overall revenue grew 8.5% annually while net income grew …
Will your store credit card survive ‘retail apocalypse’?
(Source: wbir.com | November 12, 2017) Stroll your local mall and you may spot some empty storefronts where mannequins once stood draped in the latest fashions — possible casualties of what some have dubbed the “retail apocalypse.” Not everyone agrees it’s all doom and gloom for brick-and-mortar stores, but challenges …
Chairman Formoso introduces FAPRA in MAPIC Italy
Federation of Asia Pacific Retailers Association (FAPRA) Chairman Lorenzo Formoso (far left) introduced and shared information about FAPRA and its network to assist prospective investors and retailers wishing to expand in Asia Pacific during the second edition of MAPIC Italy in Milan last May 17. Chairman Formoso was one of …