Monday, September 16, 2019
By: Lawrence, Agcaoili, Philippine Star Businesses turned more optimistic for the second straight quarter in the second quarter, but Filipino consumers are wary of higher prices and expenses, the Bangko Sentral ng Pilipinas (BSP) reported. Redentor Paolo Alegre, director of the...
(Source: Rappler | August 14, 2017) Get off a bus stop anywhere in the metro and you're likely to be near a mall. Indeed so ubiquitous are malls in the country that the top 3 business groups here – SM, the...
(Source: BusinessWorld | January 10, 2019) After a year the Metro Ayala Cebu was razed by a fire, the Metro Retail Stores Group, Inc. (MRSGI) has announced that it targets to complete the first phase of the rebuilding and recovery...
(Source: Marketing-interactive.com | March 23, 2019) Homegrown ice cream brand, Carmen’s Best has been taking leaps and bounds to make patrons get more than just a scoop of their ice cream. Carmen’s Best has also since distributed their products, made only of...
(Inside Retail Philippines | November 28, 2017) A deal that will take the Puregold store count to 324 in the Philippines has been approved by the Securities and Exchange Commission. It involves a merger for Puregold Price Club with three supermarket companies...
(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: Business Mirror | February 15, 2018) The shopping mall empire of country’s richest man Henry Sy, Sr. continues its provincial expansion with the opening of SM Center Imus in Cavite. In a statement issued Wednesday, SM Prime Holdings, Inc. (SM...
(Source: Inside Retail Philippines | 5 September 2016) Brand retailer Anthem Group has launched its first food venture, Eat City Manila, featuring chef-standard food to take away. Its “grab and go” concept concept is available at Madison Square Building in North...
(Source: Inside Retail Philippines | 11 November 2016) Sales at 7-Eleven Philippines stores soared in the first nine months of the current financial year. And so did profits. Parent, listed company Philippine Seven Corporation, which holds the local licensee for 7-Eleven, has...
(Source: Business Mirror | August 30, 2018) Retailers differ from manufacturing companies in that they do not produce any tangible product. They purchase merchandise from these manufacturers in large quantities for resale to consumers at a profit. The domestic retail...
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