Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
In a statement, Ford said its retail sales in the country rose 53 percent to 3,065 units in September, driven by the continued demand for the all-new Everest, new Ranger, EcoSport and Fiesta. The all-new Everest led the lineup in September, achieving an…
Singapore-based publication The Asian Banker sees the Philippines leading the strong growth in the retail financial services market in Asia Pacific on the back of increasing consumption and improved access. A study conducted by Asian Banker Research showed…
Lazada Group, an online commerce company founded by the world’s largest Internet incubator, is eyeing to keep a double-digit growth trend for its sales and customer-based in the Philippines, which is well-positioned to become the company’s largest market.…
DHL Express Philippines inaugurated yesterday its P80 million South Service Center in Las Piñas to complement the logistics company’s goal of widening its presence in the country. The facility is also expected to cater to the growing logistics demand of…
All over the world, the threat of a digital infrastructure crashing is as valid as an earthquake decimating a 50-story building or a series of typhoons striking without any preamble, ruining everything on their path. For anybody who is connected to the…
Uniqlo Philippines will open its first store in Cebu on Friday (October 23). The new 1000 sqm store is located in SM City Cebu shopping mall, on the first level of the north wing. It will be Uniqlo Philippines’ 25th shop and its first in the Visayas region.…
Philippines-based Max’s Group has signed a contract to launch Pancake House in Dubai. The QSR and cafe operator will open at least eight Pancake House restaurants in the UAE in partnership with master franchisee Lulu Group. Max’s Group is the Philippines’…
Asia’s largest fast food company, Jollibee, has taken a 40 per cent stake in a fast-rising American burger chain, Smashburger for US$335 million. Launched in 2007, Smashburger has over 335 corporate and franchised restaurants operating in 35 states and seven…
Manila-headquartered BDO Unibank, the largest bank in the Philippines, has become the first Filipino bank to set up an office in the Gulf Cooperation Council (GCC) where it will operate within the premises of the UAE’s Dubai International Financial Center, a…
Fatburger and its sister brand, Buffalo’s Café, have signed a master development agreement with Trimark Holdings Inc., a retail operator throughout the Philippines with a portfolio of more than 40 brands and 300 stores. What originally was a deal to develop…
Flyspaces bills itself as “Airbnb for office and retail spaces.” The idea is to build a network of offices, meeting rooms, and commercial spaces that businesses and entrepreneurs can lease for short periods or whenever they need them. This concept isn’t new,…
Tech company Indra Philippines Inc is mulling business expansion in Southeast Asia with a possible tie-up with the Indonesia-based conglomerate Salim Group, reports said. Avionics and air defense radar systems are some of the main business targets of Indra in…
Smashburger, the Denver-based Fast Casual restaurant concept, today announced that it has entered into a definitive agreement to sell 40% of the company to Jollibee Foods Corporation (PSE: JFC), Asia’s largest restaurant company. The purchase price values…
ONLINE retail sales in the Philippines account for only one percent of total retail sales in the country, a key e-commerce executive said. Inanc Balci, Lazada Philippines co-founder and chief executive officer said this is much lower than in Western…
SM Prime Holdings, Inc. on Friday is opening its second shopping center in Cabanatuan, as part of the property holding firm of the Sy family’s drive to capitalize on the growth prospects in the provinces. Its 53rd mall in the country, SM City Cabanatuan…
The Securities and Exchange Commission (SEC) on Friday approved two initial public offering (IPO) plans worth a combined P10.82 billion. In a special meeting, the corporate regulator greenlighted construction firm Datem, Inc. and Gaisano’s Metro Retail Stores…
Free background guides on how retail works in this market.
Philippines
Over 110 million consumers, mall-centric urban life, remittance-driven spending cycles, and a logistics map made of islands.
Asia Market Guides · 10 min read
Philippines
Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Philippines.
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Philippines
How last-mile delivery works in Philippines, what drives cost per drop, and how to set a service promise you can keep.
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Philippines
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Philippines.
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