Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
Henry Sy, the founder of the Philippines mall giant SM has maintained his place at the top of the nation’s rich list for the eighth consecutive year. Sy’s various business interests include property, retail and banking and his net worth is estimated byForbes…
Robinsons Retail Holdings, the Philippines-based department store operator, has taken a 90 per cent stake in home appliance chain Saver’s Appliance Depot. Saver’s operates 24 stores in Central Luzon and eight in Cagayan Valley Robinsons Retail president and…
Leading Philippines retail group SSI says it is actively seeking to acquire brands and suppliers in the region that can help it build its ASEAN retail portfolio. “We continue to seek brands and suppliers that manufacture within the Asean region that would…
PT Sumber Alfaria Trijaya Tbk (Alfamart), an Indonesia based convenience store chain operator, is planning to expand its footprint in the Philippines to about 160 stores by the end of this year. The move is expected to help strengthen the company’s presence…
Korean super star Sandara Park whose road to international fame started in the Philippines decided to return to where it all started by endorsing a local fashion retail brand. “Hey guys! It’s me Sandara Park. And guess what? I’m the newest member of Team…
Property, retail and banking tycoon Henry Sy whose conglomerate owns the chain of SM Supermalls in his country and China has retained the title of the Philippines’ richest person for the eight consecutive year, with his net worth up $1.7 billion from last…
The call comes after the watchdog found seven beauty and herbal vendors at the Guadalupe Commercial Complex selling cosmetics that had been banned by the Food and Drug Administration. Beauty brands Erna, Jiaoli and S’zitang were among the skin whitening…
On her first visit to SM Aura in Taguig, Michelle Dabuet, 38, an IT project manager, noticed that it had an “odd” shape. “It’s clean and classy and not like the other SM malls that are boxed-shape,” Dabuet noted. Gail Dacquel-Perez, 39, and a mother of three…
Consumers across Southeast Asia and Greater China feel safer paying in a brick and mortar environment as opposed to online; sole exception is China According to the inaugural MasterCard Safety and Security Index, consumers across Southeast Asia and Greater…
Philippines-based fast food chain operator Jollibee Foods has surpassed the 3000 store milestone as it reports a 7.4 per cent increase in net income for the first half of 2015, to P2.7 billion (US$58.5 million). Sales rose 9.5 per cent, but increased cost of…
Philippines specialty store operator SSI Group has made its first foray into the travel retail sector. SSI, through a subsidiary SKL International, has bought a 50 per cent stake in Landmark Management Services which marks its debut in the increasingly…
BIG data and analytics software company Fusionex International Plc will be widening its footprint in South-East Asia by expanding to the Philippines over the next few months, its fourth market in the region. The company, listed on the London Stock Exchange’s…
Mövenpick Hotels & Resorts has secured its own piece of paradise in one of Asia’s most exclusive holiday destinations, having signed a deal to manage the Sol Marina Resort, which will soon be renamed Mövenpick Resort Boracay, in the Philippines. Located in…
Philippines-based Max’s Group is to launch its Yellow Cab Pizza chain in the UAE after signing a partnership with Cartoon Fashion Group. Cartoon will open 10 Yellow Cab outlets in the UAE over the next five years. IT’s the second overseas market for the…
Japanese discount retailer Daiso has won the right to use its name in the Philippines after a hearing in the Supreme Court. In a final ruling just issued, the court has blocked Filipino company Japan Home Center from using the trademark Daiso, confirming an…
SM Prime Holdings has posted a 90 per cent increase in first half year sales to PHP18.7 billion (US$408 million). However the increase was largely due to one time gains on the sale of securities; recurring income grew by a more modest, but still healthy, 15…
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