Thursday, March 21, 2019
The PRA has recently concluded its week-long Retail Study Mission last November 6-10 in Hanoi, Vietnam, to learn best practices and explore new markets for expansion in Vietnam. The Philippine delegation was welcomed by the Association of Vietnam Retailers. Participants visited some of...
(CTV News | November 11, 2018) Sales during the Singles' Day sale in China have surpassed last year's record, by raking up $30.8 billion in sales on the annual sales event 10th year. The spending binge has for years outshone Cyber...
(Source: Reuters | November 6, 2018) According to government data, Japan's household spending declined to 1.6% in September from a year earlier, falling short of economists’ expectations and suggesting a slow recovery after an earthquake and typhoons hit consumption. The decline...
(Source: smsupermalls.com | October 25, 2018) SM China was awarded “2018 ICSC Asia Pacific Shopping Center Gold Award for Marketing Excellence –Emerging / Digital Technology” at the ICSC RECon Asia-Pacific Conference in Kuala Lumpur, Malaysia. SM City Xiamen and SM Xiamen...
(Source: DFNI Frontier | November 6, 2018) Italian luxury sports and lifestyle clothing company Paul & Shark has opened a luxury concept store in The Philippines at the new Luxe Duty Free Store. Paul & Shark’s new 33sqm space, which is...
(Source: Manila Bulletin | November 2, 2018) One of the world's largest table service diner-style restaurants Denny’s is expanding its Philippine operations by adding 20 more restaurants under the Bistro Group. The Bistro Group has initially opened six Denny's branches in...
(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: Inside Retail Asia | October 29, 2018) Malaysia is expecting to have a total of 700 shopping malls with net lettable area of 170 million sq. ft. by end of 2019, as more developers continue to build. According to Malaysia...
(Source: Inside Retail Asia | November 2, 2018) Global coffee chain Starbucks is set to add 2,100 more stores globally next year. Starbucks chief executive Kevin Johnson said the company has a clear growth agenda for 2019 with a focus on...
(Source: Manila Bulletin | October 29, 2018) Robinsons Malls has introduced modern jeepneys, equipped with wifi and aircondition which will offer ride to passengers from Robinsons Place Las Piñas to Calamba, Laguna and vice versa. The modern transport dubbed as "Millennial...
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