Wednesday, May 19, 2021
Retailing is one of the most complex sectors in the economic ecosystem. Over time, many retailers failed to sustain their businesses as shifts and disruptions continuously emerge. Although difficult times are inevitable, a retail gem from the south proved that...
By Philippine Canadian Inquirer The outlook for high street stores seems gloomy. Social distancing measures and lockdowns have driven people to shop online, leading to shop closures and a boom for online retailers such as Amazon. Before the pandemic, online...
By: Shopify Returns are a constant source of stress for retailers: about 8%–9% of brick-and-mortar purchases and 20%–30% of ecommerce purchases are returned. These returns result in added costs (think shipping, processing, and restocking processes). Even worse: sometimes the returned merchandise...
By Forbes The year 2020 turned the world upside down and retail was no exception. As we continue transitioning into a new year, hopeful for life to return to (somewhat) normal, it is critical for brands and retailers to keep...
By: Philippine Daily Inquirer Perhaps the most glaringly apparent trend is the digital shift spurred on by the pandemic. As the region went into lockdown in the first half of 2020, brick-and-mortar shops were forced to shutter and entire businesses...
By: JG Summit “Choose to be an entrepreneur because then you create value. Choose to be an entrepreneur because the products, services, and jobs you create then become the lifeblood of our nation. But most of all, choose to be...
By: Retail Dive The pandemic's arrival in March 2020 meant that it didn't make Retail Dive's trends to watch last year, but it completely upended all expectations for the year. The health crisis was closely followed by the whole industry throughout...
By: Business Mirror/ Millie F. Dizon, Senior VP for Marketing and Communications of SM Every New Year brings with it aspirations for hope, a fresh start, a new beginning. But after a year that changed the world, the desire for...
By: Manila Times According to an article by Grant Thornton International, retail has been in a major slump for the past two years; the pandemic only accelerated its restructuring. As some big-name department stores around the globe filed for bankruptcy,...
By: Manila Times Last month marked the first anniversary of the emergence of Covid-19 in China, an occasion we didn’t celebrate. But it cannot be denied the coronavirus pandemic altered our behavior in a meaningful way. What we eat and...
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