Tuesday, March 9, 2021
(Source: Business Mirror | December 24, 2014) While major mall developers in the country are aggressively expanding to other retail formats, such as hyper and supermarkets, Filipino shoppers still turn to their trusted sari-sari, or neighborhood variety stores, and nearby...
(By: Sunstar) Filipinos have been shopping more as the volume sales of fast-moving consumer goods (FMCG) in the Philippines has risen by 10.9% in 2018 compared to a year ago, according to Kantar’s FMCG Monitor. The same report revealed that FMCG...
(Source: Entrepreneur Philippines | November 16, 2018) Mr. Robert Go of Citimart shares with Entrepreneur Philippines how he started in the supermarket business, and why the business thrives inspite of the entry of big shopping malls in Batangas. Read on...
“The best feeling in leading a business is when I see that my staff are happy with what they do.” When Rhea Tan started Beautederm—a local skin care and beauty brand from Pampanga—in 2009, she was mainly doing it as...
(Source: Inside Retail Philippines | 20 March 2017) Philippine fashion retailer Bench is opening its first international branch, in Okinawa, Japan. This follows its first Bench Fashion Week, marking the company’s 30th year in business. Owner Ben Chan says the Okinawa store...
The young and modern retailer talks about the importance of malls today It’s not difficult to miss Mariana Zobel de Ayala in a crowd with her tall stature and mestiza looks, but one can get even more captivated by listening...
The Bureau of Internal Revenue has recently issued Revenue Regulations (RR) 13-2018 dated March 15, 2018 relative to the implementation of the Value-Added Tax (VAT) provisions of Republic Act No. 10963, otherwise known as the “Tax Reform for Acceleration...
(Source: Inside Retail Philippines | June 1, 2017) Philippine mall rents are stable and it is still a landlord’s market, according to a market insight report for this year’s first quarter by Pinnacle Real Estate Consulting Services. The report, Go, Grow...
By: Business World/Bloomberg Billionaire John Gokongweis Robinsons Retail Holdings Inc. is considering an exit from the fashion business as it struggles to compete with cheaper, faster chains. Stock jumps to three-week high. The Filipino retail giant, whose fashion portfolio includes the...
(Source: Business Mirror | October 3, 2018) Filipino consumers still prefer shopping in physical stores over online platforms, according to a study by digital research and consulting firm, Research and Tech Lab (RTL). From a study on online shoppers from July-September,...
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