Tuesday, August 11, 2020
(Source: Inside Retail Philippines | June 7, 2017 ) Philippine Seven Corporation (PSC) has opened its first 7-Eleven store for Bohol, at the Arcom Center in Poblacion, Panglao. With PSC’s ongoing expansion in the Visayan regions, Bohol is the fourth major...
(By: Arra Francia, Business World) Megaworld Corp. wants all of its townships to be fully reliant on renewable energy sources by 2025, in a bid to make its developments sustainable for the future. “Our goal by 2025 is all of our...
By: Philstar Digital payments through the automated clearing houses established by the Bangko Sentral ng Pilipinas (BSP) reached P341 billion in June as the country transitioned to general community quarantine. According to the Bangko Sentral ng Pilipinas (BSP), the value and...
(Source: Sunstar | January 5, 2017) The Department of Trade and Industry (DTI) on January 5, vehemently warned traders against overpricing basic goods because of the new tax reform law. Trade Secretary Ramon Lopez said violators of the newly-signed Tax Reform...
(Source: Inside Retail Philippines | 29 August 2016) Manila jewellers have been warned they face jail if caught selling potentially lethal silver-cleaners. In a strongly-worded edict from mayor Joseph Estrada, retailers have been told they will be fined up to 5000...
(Source: The Philippine Star | 11 August 2016) The SM Group is bidding to bring international furniture brand IKEA to the Philippines. SM Investments Corp. vice chairperson Tessie Sy-Coson said the country’s largest mall developer and retailer is among those trying...
Avanza and Philippine Retailers Association’s Response to COVID-19: We invite companies with loyalty programs to join our advocacy. Let's support the small entrepreneurs and retailers by featuring our Social Rewards Merchants who are SMEs and retailers greatly affected by...
(Source: Business World Online | 27 April 2017) Wilcon Depot, Inc. (WDI) netted P887 million in the last nine months of 2016 after the home improvement and construction supplies retailer launched new stores to boost sales and took advantage of...
(Source: Philippine Daily Inquirer | 25 August 2016) Homegrown fast-food giant Jollibee Foods Corp., grocery chain operator Puregold Price Club and multi-format retailer Robinsons Retail made it to Forbes Asia magazine’s “Fabulous 50” List of the region’s best publicly traded big...
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...
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