News

Lazada leads e-commerce players in PH–study

lazada

(Source: Manila Times | October 14, 2018) Lazada has earned 35 million visits per month—the biggest among e-commerce players in the Philippines, according to a report of the iPrice Group. The report was based on the average quarterly traffic, mobile application ranking, social media followers and number of staff. The report says that the bulk of the accumulated visits that ...

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DoubleDragon inks deal to house MyHealth Clinics in CityMalls

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(Source: ABS-CBN News | October 16, 2018) Mallgoers who need doctor or dentist visit can soon go to CityMall Commercial Centers, as DoubleDragon Properties Corp. recently announced its partnership with MyHealth Clinics in a bid to “solidify” the relevance of its retail centers. The first 12 clinics will be built within the next 12 months in 12 CityMall locations, four ...

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Cebu is next big thing for retail dev’t

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(Source: Sunstar | October 15, 2018) With the influx of big retail investors in the province, Cebu is considered the “next big thing” in retail and commercial developments, according to the Philippine Retailers Association (PRA). PRA President Rosemarie Bosch Ong said that Metro Cebu remains the largest retail hub outside Metro Manila. With a strong and growing business process management ...

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PRA Vice Chairman Formoso appointed WRC Ambassador for Asia Pacific

Photo from: www.moodiedavittreport.com

(Source: Manila Bulletin | October 13, 2018) Philippine Retailers Association and Federation of Asia Pacific Retailers (FAPRA) Vice Chairman Lorenzo C. Formoso was recently appointed as World Retail Congress (WRC) Ambassador for Asia Pacific. Vice Chairman Formoso has previously served as President and Chairman of the PRA, and as Chairman of FAPRA from 2015-2017. As FAPRA Chairman, he presided over ...

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More Millennials, Gen Z Are Using Social Apps

Photo by Tracy Le Blanc from Pexels

(Source: Emarketer | September 26, 2018)   Gen Zers spend more time using social apps this year, according to a survey earlier this year by social video marketing agency VidMob. More than half (56%) of Gen Zers, ages 16 to 24, said they had increased their use of Snapchat in the past year, and another 55% of respondents said they ...

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Malls in Metro Manila to adjust operating hours starting Nov. 5

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(Source: Philippine Information Agency | October 11, 2018) To help alleviate the anticipated heavier traffic during the coming Holidays, shopping malls in Metro Manila agreed to adjust mall operating hours starting Nov 5, 2018 to January 14, 2019. In a recent consultative meeting held at the Metro Manila Development Authority (MMDA) headquarters, General Manager Jojo Garcia and representative of shopping ...

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Thailand’s biggest shopping mall set to open in Bangkok

Photo from: https://www.iconsiammandarinoriental.com/

(Source: Asian Nikkei Review | October 4, 2018) The biggest commercial complex yet in Thailand will soon open on November 9, dubbed as Iconsiam—featuring a department store operated by Japan’s Takashimaya serving as the core tenant. The total floor space of about 520,000 sq. meters surpasses even retail giant Central Group’s CentralWorld mall in the Thai capital. Two luxury condo ...

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Bench opens three more stores in UAE

Photo from: Bench/ UAE Facebook Page

(Source: Inside Retail Asia | October 3, 2018) Homegrown fashion brand Bench continues to expand in various parts of the world as it recently opened three new stores in Dubai and Abu Dhabi last September 27-28. The three new stores are in Al Wahda Mall, Abu Dhabi, Satwa District and BurJuman Centre in Dubai. BurJuman Centre store measures 1179 sq. ft. ...

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Uniqlo opens biggest Southeast Asian store in Makati

Photo from: ABS-CBN News

(Business Mirror, Bloomberg | October 6, 2018) A 4,100-square-meter Uniqlo flagship store has recently opened in Makati—the biggest in Southeast Asia. The new chain, owned by Fast Retailing Co., is almost two times bigger than the 2,700-sq-m site which opened on Orchard Road in Singapore two years ago. The new addition adds up the total Uniqlo stores in the Philippines’s ...

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Two types of holiday shoppers and how to prepare for them

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(Source: Bazaarvoice.com) With countless sales days, stores, and items to choose from, today’s consumers are tackling the holiday shopping season from all angles. And while there are plenty of places to shop and things to buy, there are two notably different types of holiday shoppers to consider. There are those shoppers who plan ahead (The Planners) and those who don’t ...

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