Sunday, February 23, 2020
By: Agence France Presse Walmart lifted its full-year profit forecast Thursday after better-than-expected results on solid US consumer spending, reflecting confidence that trade frictions will not significantly dent earnings. Amid rising fears of a US recession, the world's biggest retailer said...
By: Irene R. Sino Cruz, CDN Digital The consortium of SM Prime Holdings Inc. (SMPHI) and Ayala Land Inc. (ALI) will be contributing P22 billion to the city coffers coming from fees and taxes of the P310-billion development within its...
By: ABS-CBN Tourists and locals have a new mall to visit in the Manila Bay area. This as the Ayala Malls Manila Bay formally opened its doors to the public on Thursday, offering a wide variety of shopping and dining choices. Located...
By: Manila Standard Toby's Sports, the largest multi-brand sports retailer in the Philippines, has once again received the prestigious Outstanding Filipino Franchise Award for Retail (Large Scale Category) from the Philippine Franchise Association (PFA) at the 2019 Franchise Excellence Awards...
More than 800 retailers composed of CEOs, presidents, and top-level executives listened to some of the newest insights and freshest ideas from global retail experts at the 26th National Retail Conference and Stores Asia Expo (NRCE) last August 15-16...
By: Takayuki Yao, Nikkei Asian Review Japanese convenience store operator Lawson will expand its footprint in the Philippines to about 500 stores by 2024, a tenfold increase from the roughly 50 currently open as its pushes forward with an aggressive overseas...
Over 80 attendees learned the best practices in store atmospherics at the 50th Retail Excellence Seminar Series (RetailEXL) last November 7, 2019 at Discovery Suites, Pasig City. The RetailEXL, which is the last for this year aimed to provide retailers,...
By: Shirley Zhu Asia’s leading convenience retailers are predicted to grow 6.6% a year to 2022 by US$5.1trillion, according to forecasts from international research organisation IGD. Based on a survey of the top 10 Asian convenience retailers, the research anticipates...
By: Iris Gonzales, Philippine Star Property tycoon Injap Sia II’s MerryMart Grocery Centers Inc. signed its first franchise deal as part of efforts to put up 1,200 branches and generate P120 billion in systemwide revenues by 2030. The revenue will come...
By: CX Tech British luxury brand Burberry entered into a partnership with Chinese internet giant Tencent to open a social retail store in Shenzhen. The store will be powered by Tencent’s technologies and is expected to open in the first half...
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