Muji ready to open largest Philippines retail store yet
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Fans of Japanese minimalist brand Muji will be delighted to know that the retailer is planning to open its “largest” store in the Philippines — soon.
Muji announced this last night in a social media post, where it told followers to “stay tuned for more info.” It did not divulge where the new store will be located.
The pandemic has hit the retail sector in the Philippines severely, with countless brick-and-mortar stores closing inside now-empty malls. Rents in malls are expected to fall by 2%, while registered online businesses have increased to 75,876 in September from 1,753 in March. Many Filipinos now prefer to buy from e-commerce platforms Lazada and Shopee, mainly because they fear that they will get infected with the coronavirus if they venture outside their homes.
The changes taking place have prompted Muji Philippines to launch its own pick-up and delivery service in August.
Questions & Answers
Q.Has Muji specified where this new large store will be located in the Philippines?
Has Muji specified where this new large store will be located in the Philippines?
No, Muji did not divulge the exact location of the new store. They only announced the plan in a social media post, asking followers to 'stay tuned for more info'.
Q.What impact has the pandemic had on the retail sector in the Philippines?
What impact has the pandemic had on the retail sector in the Philippines?
The pandemic has severely affected the retail sector, leading to numerous brick-and-mortar store closures and anticipated 2% fall in mall rents. Many Filipinos now prefer e-commerce due to fear of infection.
Q.How has Muji Philippines adapted its services in response to the changing retail landscape?
How has Muji Philippines adapted its services in response to the changing retail landscape?
Muji Philippines launched its own pick-up and delivery service in August. This was prompted by the shift towards e-commerce platforms like Lazada and Shopee, as customers fear venturing outside.
Q.When did Muji announce their plans for the new store?
When did Muji announce their plans for the new store?
Muji announced their plans for the new, largest store in the Philippines last night. They did so via a social media post, without providing further details on the location.
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