Tuesday, July 5, 2022
By Inside Retail Asia Hong Kong-listed hot pot chain, Haidilao, is to launch in the Philippines in June in a joint venture with an unidentified local partner. The company’s plans were confirmed by the Department of Trade and Industry (DTI) and...
By Back End News Retail firm Primer Group of Companies has tapped buy now pay later (BNPL) platform Atome to provide shoppers with flexible payment options. Customers in the Philippines who shop online can split their purchases into three deferred, zero-interest...
By PhilStar Corporate regulators announced they have cleared the planned maiden share sale of Balai ni Fruitas Inc., which is looking to raise cash to fund its store network expansion plans. In a statement on Wednesday, the Securities and Exchange Commission...
By Philstar Incoming Trade Secretary Alfredo Pascual said the new administration aims to prioritize micro, small and medium enterprises (MSMEs) as well as the further improvement of the ease of doing business in the country. Pascual, who has been named by...
By Philstar Metro Retail Stores Group Inc. (MRSGI) reported a net income of P33.34 million in the first quarter of the year, a turnaround from the P126.47 million net loss it posted in the same period last year. MRSGI said foot...
By Inside Retail Asia Sneaker brand Age from South Korea is to expand into China and 10 European countries through distribution and sales contracts. Launched in 2018 with the slogan “Flow of time”, the brand has 30 stores in 15 countries,...
By Inside Retail Asia Two top executives at Grab Holdings’ fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources...
By PhilStar IT product retailer Upson International Corp. filed for an initial public offering on Monday in a bid to raise funds to expand its network of stores around the Philippines. In the prospectus sent by the Securities and Exchange Commission...
By PhilStar Looking for something new for your summer or sports OOTD (outfit of the day)? Two of the world's biggest sports and athleisure brands recently opened their biggest stores in the Philippines, providing more options for shopping. Under Armour (UA) recently...
The National Retail Conference and Stores Asia Expo (NRCE) has been the go-to event of like-minded retailers and suppliers in the country to uncover valuable trends, developments and innovations in the retail arena for the past 28 years. And...
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