Sunday, August 18, 2019
(Source: Inside Retail Asia | 13 April 2016) SM Prime will earmark at least P60 billion (US$1.3 billion) annually for the next three years to sustain its developmental goals. The property giant is slated to open five new malls in the...
(Source: Inquirer.net | October 29, 2018) President Rodrigo Duterte has recently signed Executive Order No. 65, updating the list of investment areas, which prohibits or limits foreign ownership in the Philippines. According to the EO, no foreign equity is allowed under...
(Source: Philippine Information Agency | 9 January 2017) Filipino fashion retail brand Rusty Lopez recently opened its newest store in Jakarta featuring comfortable sandals and casuals made from Marikina, the Philippines’ shoe capital known for producing durable and high-quality footwear. According...
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...
(Source: Inside Retail Asia | May 14, 2015) A Philippines property developer has raised US$112 million to help fund the ambitious development plan for 100 shopping malls across the nation. DoubleDragon Properties Corp plans to roll out the 100 CityMalls-branded centres...
(Source: Inside Retail Philippines | 23 May 2016) Philippine retail sales in March rose 1.1 per cent year-on-year and 0.4 per cent month-on-month. During the first quarter, retail sales averaged 1 per cent, up from the average 0.7 per cent in...
(Source: Sunstar | March 26, 2018) There remains a healthy play of traditional and online stores in the Philippines today, amid reports that brick-and-mortar outlets are on the way out in other countries. Joey Roi Bondoc, research manager at Colliers International...
(Source: Inside Retail Asia | 2 May 2016) The company’s planned capital expenditures in 2016 is a 59 per cent increase from the P3.1 billion it spent in 2015. Robinsons Retail said expects to reach more than 200 stores in 2016...
(Source: The Philippine Star, by Iris C. Gonzales | Aug. 10, 2015) SM Prime Holdings Inc. of retail and banking magnate Henry Sy is beefing up its presence in China and is looking at four new areas to acquire to...
(Source: Inside Retail Philippines/Philstar | May 31, 2017) To keep up with the time, Penshoppe Philippines has launched a mobile shopping app. It allows users to browse its catalogue, which is updated with the latest collections, right as they come out....
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