News

Malaysian mall introduces metal straws for shoppers

(Inside Retail Asia | January 3, 2019) Malaysia’s Sunway Malls is introducing metal straws among its customers. This is to help eliminate single-use plastic straws from its property, The move was made in alignment with the United Nations’ Sustainable Development Goals and the government’s decision to ban plastic straws in the Federal Territories in Malaysia. Many of Sunway’s tenants are ...

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JD travel retail stores open in Beijing and Mongolia

(Source: Inside Retail Asia | January 4, 2019) In a move to further expand the firm’s “boundary-less retail” strategy, Chinese online retail giant JD has opened two new innovative stores at Beijing Capital International Airport (BCIA) and Hohhot East Railway Station in Inner Mongolia. The JD travel retail stores use the e-commerce company’s latest retail technology in order to make ...

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Card-not-present fraud will cost retailers US$130 billion

(Source: Inside Retail Asia | January 3, 2019) Increasingly complex card-not-present fraud will cost retailers US$130 billion globally in digital sales over the next five years. A Juniper Research study predicts that retailers’ slow pace in keeping up with new fraud prevention requirements will allow cybercriminal practices to become more widespread as more and more consumers shop online. It observes ...

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4 Trends That Will Reshape Retail In 2019

(Source: Forbes | December 19, 2018) Forbes Senior Contributor Andrea Cheng shares some of the trends to expect this year: Digital natives and the brick-and-mortar sector will have an increasingly symbiotic relationship. At a recent event hosted by Fifth Wall, a venture capital firm that backs several digital-native labels, one-year-old Candid, an online-born orthodontist care startup, sought store-opening advice from ...

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Healthcare, retail lead growth in online hiring

(Source: Sunstar | December 30, 2018) The Philippines saw a 25 percent year-on-year growth on online recruitment activity between October 2017 and 2018, based on the latest Monster Employment Index (MEI) by Monster.com, an online career and recruitment resource. “Eleven out of 12 industries recorded double-digit growth in online recruitment, led by healthcare and retail with 41 percent and 39 ...

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Digital transformation trends in 2019 and beyond

(Source: Business World | December 28, 2018) Learn what’s in store for next year in terms of trends in digital innovation that impact the retail industry, Mr. Reynaldo C. Lugtu, Jr. lists down what digital transformation trends to expect: The year 2018 has been marked by disruptions in the global market, evidenced by the growth of e-commerce platforms, fintechs, and ...

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BLIMS Furniture through time

(Source: Esquire Magazine) Here is a feature story from Esquire Magazine on how Blims started decades ago, and how it developed into the furniture shop we know of today: Some of us remember Makati from decades ago, when the country’s premier commercial-business-district wasn’t congested, there was free parking almost everywhere, and Rizal Theater stood proud on the corner of Ayala ...

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Wilcon opens 50th store in GenSan

(Source: Panay News | December 17, 2018) The country’s leading home improvement and construction supply retailer, Wilcon Depot, celebrated another milestone as they opened their 50th depot store at General Santos City, South Cotabato on Dec.14. General Santos is a first class highly-urbanized city in the province of South Cotabato. Thriving as the country’s 14th Most Competitive Highly Urbanized City ...

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Pineapple-inspired mall eyes sweet success in Bukidnon

(Source: ABS-CBN News | December 22, 2018) Bukidnon is famous for its mountains and fertile land and is home to one of the largest pineapple plantations in the country, making this tropical fruit its top product. And this fruit became the inspiration to Bukidnon’s newest mall. From Cagayan de Oro City (CDO), traversing Sayre Highway going into Valencia City in ...

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Consumer, gov’t spending to lift PH economy in 2019 – PCCI

(Source: Rappler | December 22, 2018) The Philippine Chamber of Commerce and Industry (PCCI) is optimistic that the country can achieve the 6.7% growth rate in 2019, despite soaring inflation. According to PCCI, the growth would be due to “robust” consumer and government spending. “We agree with the Asian Development Bank (ADB) and the World Bank that see a growth ...

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