Monday, February 24, 2020
(Source: Sun Star Davao | 14 February 2016) A homegrown mobile phone distributor and retailer 8Telcom Inc. is eyeing four more branches in Davao City starting this year to take advantage of the growing market for smartphones in the city. Two of...
(Source: The Philippine Star | 27 March 2016) SM Investments Corp. (SMIC) has seen steady growth in both its net income and revenues in the past 11 years, driven by its strong corporate story. SMIC noted an average annual growth...
(Source: Bloomberg | September 27, 2017) Robinsons Retail Holdings Inc., one of three giants that dominate retail in the Philippines, has begun moving more of its $2.7 billion empire online. The company plans to triple the number of supermarkets that...
(Source: Inside Retail Asia | May 19, 2015) Reported sales from Japanese department stores suggest a significant improvement in spending in April. Japan retail sales, based on department stores data, lept 13.7 per cent on a same store basis compared with...
(Source: Inside Retail Asia | November 2, 2018) Global coffee chain Starbucks is set to add 2,100 more stores globally next year. Starbucks chief executive Kevin Johnson said the company has a clear growth agenda for 2019 with a focus on...
(Source: The Manila Times | 9 May 2016) Retail opportunities are growing in Southeast Asia’s property sector due to the region’s strong consumer market, particularly in populous countries such as the Philippines and Indonesia, according to a report by global real...
(Source: Inquirer.net | 19 October 2016) China’s economic growth held steady in the quarter ending in September as trade weakened but consumer spending rose. The economy expanded by 6.7 percent compared with a year earlier, the government reported Wednesday. That was...
(Source: Business Insider | May 3, 2018) Amazon has made an offer to purchase approximately 60% of Indian e-commerce company Flipkart, according to CNBC. The US e-commerce titan has been interested in acquiring Flipkart for awhile; it made a bid to...
(Source: Business World |01 February 2017) Listed DoubleDragon Properties Corp. is aiming to have at least 30 operational CityMalls by the end of 2017, putting it on track to reaching its goal of 100 community malls around the country by 2020. “This...
(Source: BusinessWorld | 24 January 2017) A malaysian mall owner is trying to attract Philippine retailers offering American-style fastfood and lifestyle clothing to set up shop in the Southeast Asian country. Officials of the Kuching-based Plaza Merdeka visited Manila anew last week...
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