Wednesday, June 23, 2021
By Manila Bulletin Sales of the Philippine retailing industry are expected to return to its pre-pandemic level in 2022 yet as the long lockdowns in the country badly affected traditional retailers despite acceleration of e-commerce to an even faster rate...
By Malaya Business Insight Four Philippine companies landed in the top 100 retailers in Asia-Pacific, Euromonitor International said in a report released yesterday. The Top 100 Retailers in Asia 2021 placed SM Retail Inc., the country’s top retailer, at 62nd among...
By: Inside Retail Asia FMCG sales in Asia are expected to record growth during the upcoming Lunar New Year season despite the Covid-19 pandemic, according to Nielsen. Asia’s biggest festive event usually records high consumption of food, beverages, alcohol, personal-care and...
By: Rappler More than a dozen stores closed in Tokyo's high-end Ginza Six mall this week as the coronavirus pandemic kept big-spending foreign tourists and other luxury shoppers away from an upscale shopping district famous for brand-name boutiques. Until the pandemic...
By: ABC News/AP By March 23, Apple had lost $435 billion in market value in about five weeks and many of its retail outlets were shut as the virus pandemic walloped the global economy and stock markets. Meanwhile, a report...
By: Channel News Asia Shares in China’s biggest online health care platform rose 50 per cent in their Hong Kong stock market debut Tuesday (Dec 8), reflecting investor enthusiasm for the fledgling industry as the country emerges from the coronavirus...
By: Reuters Amazon.com Inc is considering a nearly $100 million investment in India's pharmacy chain Apollo Pharmacy, facing up to Reliance Industries Ltd and Tata Group in the country's fast-growing drug market, the Economic Times reported, citing two people aware...
By: WARC Women in Southeast Asia contribute to 80% of all household buys, outshopping men by 20%, and spending 40% more time looking at online retailers, says a report from e-retailer Zalora. According to the Zalora Trender report “Data Meets Fashion”,...
By: ABS-CBN News China continues to express confidence that its domestic consumer goods market will soon surpass the United States to become the world’s largest. In the past, Chinese authorities have rarely made such comparisons for fear of triggering fierce retaliation...
By: Manila Bulletin Economists have slashed their 2020 outlook for the Philippines by more than any other Southeast Asian nation as it struggles with one of the region’s worst coronavirus outbreaks. The forecast for the country’s gross domestic product dropped from...
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