Wednesday, January 19, 2022
By Inquirer.Net The government has made it easier for foreign retailers to do business in the Philippines by lowering their paid-up capital requirement and removing certain qualifications for their operation in the country. President Duterte signed Republic Act No. 11595 on...
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By: Retail In Asia The number of digital consumers increased significantly during the pandemic in Southeast Asia. According to Google’s e-Conomy SEA 2021, 60 million people used a digital service for the first time during the pandemic. The region’s rising digitalisation wave...
By New York Times Tenants are being offered concessions like reduced rates and customized spaces, while vacant storefronts are being filled with pop-up shops and works by local artists. In the fall of last year, many retail landlords were breathing a...
As the consumer shopping habits change, everyone in the business are now heavily invested in various shopping channels to connect with current and potential shoppers and adapt to the ever-changing needs of the market. While online and brick and...
Warm greetings and Happy New Year to all. Please read PRA’s statement regarding re-imposition of heightened Alert Level 3 in the NCR in response to the rising COVID cases in the country. Rest assured that PRA is continuing to work together...
By Forbes For many in the retail industry, 2021 has been a harder year than 2020. With major shifts in consumer spending on a regular basis, and a growing fatigue with managing the impact of the pandemic, this is another...
By PhilStar SM Investments Corp. (SMIC), the conglomerate of the Sy Group, expects its businesses to return to pre-pandemic level in the next two to three years. “The impact of COVID-19 to the group’s businesses is manifested in the operating results...
By Forbes If retailers and consumers think price tags are high today, consider all the non-dollar costs that will influence purchase decisions tomorrow, such as time, convenience and (importantly) experience. Any one of these factors could change a shopper’s choice....
By: BusinessMirror Jollibee Foods Corp. (JFC) on Tuesday said its United States burger joint Smashburger has opened a new branch in New York City. Smashburger is known for its Angus beef burgers, cooked on the grill to sear in the juices...
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