(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: Business World
Businesses are preparing for recovery this year on hopes of a further easing of lockdown restrictions and the rollout of the coronavirus disease 2019 (COVID-19) vaccine, but restoring consumer confidence remains a challenge.
SM Supermalls President Steven Tan...
By Inside Retail Asia
Philippine multinational food-chain operator Jollibee Foods Corporation (JFC) is planning to open up to 600 stores this year.
The company also projects full-year sales to surge by between 15 and 20 per cent and a store network...
(By: ABS-CBN News)
Billionaire Edgar "Injap" Sia II opened the first branch of his grocery store foray, MerryMart, expanding his retail holdings, his holding firm said Tuesday.
MerryMart is located in Sia's own DoubleDragon Plaza. It will the first of the...
By: Inquirer.net
About 14 percent of selling space in Metro Manila’s shopping malls will likely be vacated by cash-strapped retailers—the highest vacancy rate seen since the Asian crisis—as the coronavirus pandemic has shattered consumer confidence and driven away foot traffic...
(Source: The Philippine Star, by Millet Martinez-Manaquil | Aug. 9, 2015)
The launch of a new Rustan’s in Ayala Center Cebu last Friday, led by their 94-year-old patriarch Bienvenido Tantoco Sr., is not just about the Tantocos opening their signature elegant...
(Source: Sunstar | January 13, 2018)
Following the fire incidents that hit two shopping malls in Davao and Cebu, Inter-Agency Anti-Arson Task Force (IAAATF) spokesperson Jerry Candido reminded mall owners to regularly conduct inventory of their fire safety equipment to...
(Source: Manila Bulletin | March 5, 2018)
DoubleDragon Properties Corporation (DD), the joint venture between Philippine fastfood gurus Edgar “Injap” Sia II and Tony Tancaktiong, reported a 71.8 percent jump in consolidated net income to P2.53 billion last year from...
(Source: Philippine Daily Inquirer, by Doris Dumlao-Abadilla | August 13, 2015)
Specialty retailer SSI Group Inc. has entered the travel retailing business with the acquisition of a 50 percent stake in a company specializing in travel retail concepts.
SSI has bought...
(Source: Inside Retail Philippines | August 8, 2016)
SM Supermalls, the country’s biggest mall network, joins the craze over Pokemon Go, which was released in the Philippines over the weekend.
More than 50 SM Supermalls nationwide are now inviting Pokemon players...