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Extended monsoon rains are expected to dampen the third-quarter performance of consumer-facing businesses, construction firms, and logistics operations across the Philippines. Analysts point to reduced foot traffic, project delays, and increased operating…
Puregold Price Club chairman Lucio Co has been named top Philippine retailer for 2015. He received the ‘Patron of Micro-retail Entrepreneurship’ award from the Philippine Retailers Association. Co’s contribution to the growth of micro-retail entrepreneurs,…
Philippines grocery retailer Puregold Price Club says it is expanding into the remittances business. The company says the move will increase foot traffic and sales in its 239 stores across the nation. The remittance business allows local Filipinos to collect…
Philippines retail conglomerate SM says it’s in talks to purchase grocery retailer Cherry Foodarama. In a disclosure to the inventory trade, SM Investments stated the 2 corporations are planning to enter right into a three way partnership, topic to agreeing…
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