Friday, September 20, 2019
By: Arra B. Francia, Business World Homegrown food giant Jollibee Foods Corp. (JFC) is embarking on its largest acquisition to-date with a $350-million deal to acquire California-based firm The Coffee Bean & Tea Leaf (CBTL). In a disclosure to the stock...
By: Iris Gonzales, Philippine Star Gokongwei-owned property developer Robinsons Land Corp. (RLC) has expanded its presence in the South Luzon area with the opening of its 52nd mall in the country. Robinsons Galleria South, located along the Old National Highway in...
By: Arra B. Francia, Business World Fashion e-commerce site Zalora Philippines (ZPH) recently broke ground for a new warehouse facility in Muntinlupa City, which will significantly boost its storage capacity in order to handle the anticipated growth of e-commerce sales...
By: Victor V. Saulon, Business World Mall revenues from the country's biggest mall operator SM Prime Holdings went up by 8.2% to P31.07 billion during the second quarter. This is accounted for 55% of the company’s consolidated revenues. In total, SM Prime...
Marketing and branding experts will share their first-hand knowledge on how retailers can positively present their brands at current times at the 26th National Retail Conference and Stores Asia Expo (NRCE) on August 15-16, 2019 at the SMX Convention...
By: Denise Valdez, Business World Puregold Price Club, Inc. expects to see double-digit growth in revenues this year, as it partnered with Globe Fintech Innovations, Inc. (Mynt) to introduce a new payments system using mobile wallet GCash in its supermarkets. The...
By: Denise A. Valdez, Business World PayMaya Philippines, Inc. said the adoption of e-wallets in the Philippines has grown stronger in 2018 to become more popular than credit cards, citing data from the Bangko Sentral ng Pilipinas (BSP). In a statement, the...
By: Roderick Abad, Business Mirror As part of its corporate social responsibility (CSR) initiatives, Metro Retail Stores Group Inc. (MRSGI) offers its patrons various products for a cause. Dubbed “Metro Community Bazaar,” the shopping activities are ongoing at Metro Supermarket in...
By: Lyka Amethyst Casamayor, Sunstar Fruits and vegetables from Davao Region will be available in the Bicol Region next month, the Department of Agriculture in Davao Region (DA 11) said. DA 11 Regional Director Ricardo Oñate told Sunstar Davao that the...
By: Business World/Bloomberg Billionaire John Gokongweis Robinsons Retail Holdings Inc. is considering an exit from the fashion business as it struggles to compete with cheaper, faster chains. Stock jumps to three-week high. The Filipino retail giant, whose fashion portfolio includes the...
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