Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
DC Super Heroes Cafe in Manila permanently closed on Thursday, announcing the move on Facebook. In the post, management thanked customers of the SM Megamall store who had been fans of the superheroes-themed cafe since it opened in 2018. “To say that it was…
Max’s Group (MGI) which operates restaurants under its own brand name, Yellow Cab Pizza, Krispy Kreme, Jamba Juice and Teriyaki Boy, has boosted net income to $14.43 million last year. Fourth-quarter sales alone increased by 10.4 percent to $108.55 million…
The Philippines’ Robinsons Retail will open its fifth Pet Lovers Centre (PLC) this year following its strategy of broadening its retail focus beyond fashion. The latest pet shop is scheduled to open in the third quarter of this year in Robinson Place Palawan.…
Luzon supermarket operator Walter Mart has added six new stores to its network this year and the company has also ventured online. The Philippine firm says online retailing is its way of expanding its customer base beyond its physical stores across Metro…
Robinsons Retail has reported a 25-per-cent profit drop to US$75.2 million (PHP3.83 billion) last year and $18.8 million in the fourth quarter. However, net sales rose 22.8 percent to $3.2 billion for the full year driven by same-store sales growth of 3.4…
Cebu Pacific has announced a seat sale from March 3 to 5, 2020. The budget carrier said it will offer a sale on all domestic flights on March 3, sale on international flights on March 4 and sale on all destinations on March 5. The promo fares will be valid…
The first Philippine Shopping Festival, a nationwide sale promotion aimed at getting people into malls, has been postponed due to the rise of coronavirus disease worldwide. The Department of Tourism (DOT) announced the postponement of the month-long event…
Philippine restaurant brand Jollibee Foods suffered a 14.4-per-cent drop in earnings last year after operating income fell by 25.1 percent. However, a strong fourth quarter prevented a worse annual result, with operating income up 11.6 per cent on a…
Philippine home-store chain AllHome will expand its store network to push its selling space beyond 450,000sqm this year. “We are set to bring AllHome to more locations in 2020,” said the firm’s chairman Manuel Villar Jr. “Our expansion program is both…
The Philippines’ largest retail landlord SM Supermalls says retailers’ sales have dropped both at home and in China due to the coronavirus crisis. According to ABS-CBN, local sales of the group fell by 10-20 percent in the first few weeks of the coronavirus…
When Philippine President Rodrigo Duterte pursued closer foreign relations with China, he helped attract planeloads of Chinese tourists to the Southeast Asian nation. Now, the coronavirus outbreak is reversing the trend, much to the chagrin of airline…
Two local airlines will again mount flights to and from Taiwan after the government lifted the travel ban on the territory. Cebu Pacific flights will resume February 17. In an advisory, the airline will have one flight from Manila on Monday and only arrival…
The opening of the first Ikea Philippines store has been delayed until next year. The Swedish furniture and homewares chain cited “construction adjustments” as the reason for the delay, with Ikea Southeast Asia market development manager Georg Platzer…
Cebu Pacific (CEB), the Philippines’ largest carrier—and one of the largest in the region— has extended its ‘Juan Effect’ sustainable tourism program. After roll-outs in Siargao and in Boracay, Bohol will be adopted as a Juan Effect destination with…
Tech brand Lenovo has opened its second Legion concept store in the Philippines at SM City Cebu. The company has launched the outlet near the mall’s cyberzone area to showcase its gaming devices and accessories. It will also serve as an event space for…
CIMB Bank Philippines’ all-digital bank has partnered Jumio, a provider of AI-powered end-to-end identity verification and authentication solutions to provide a simple, hassle-free and convenient digital onboarding solution to Filipinos. Jumio’s identity…
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