E-commerce platform Temu launches in the Philippines

Temu will have to compete with e-commerce giants such as Shopee and Lazada.

Retail Asia Forum 2023 comes to Manila in October

Industry leaders, executives, and experts will come together to discuss the most pressing issues and trends shaping the future of the retail industry in Asia.

Philippines’ Robinsons Retail names new COO

Stanley Co will assume the role starting on 1 August.

Watsons Philippines: Leading the Way in Health, Beauty, and Sustainability

The Philippines’ most trusted one-stop-shop for Health and Beauty bags two major wins at the Retail Asia Awards 2023.

BENCH: Where Style Meets Active Lifestyle for An Unforgettable Shopping Experience

The company won Apparel Retailer of the Year - Philippines and Store Design of the Year (Large) - Philippines at the Retail Asia Awards 2023.

Wilcon Depot: Elevating the Future of Retail Home Shopping in the Philippines

Wilcon Depot's immersive VR experience offers customers a personalised and convenient way to explore its extensive product assortment from the comfort of their homes.

ACE Hardware bags two wins at Retail Asia Awards

The hardware store launched a campaign that positively impacts customers, communities, employees, and the environment.

Megaworld Lifestyle Malls: Redefining the Shopping Mall Experience in the Philippines

It nabs both the Mall of the Year and Marketing Initiative of the Year accolades at the Retail Asia Awards 2023.

Philippines yet to feel impact of lower capitalisation for foreign retailers

Law setting minimal required investment may attract not the big retailers but small and medium-scale foreign businesses.

Jollibee exits PHO24 business

This will enable the company to concentrate on its other businesses.

Philippine-based Figaro Coffee's net income rises by over 50% in Q1

Its net income after tax stood at P99.3m (US$1.7m). 

Philippines’ SMFB sustains growth momentum in Q1

The food and beverage company reported an 8% rise in consolidated net income. 

Jollibee net income drops by 10% in Q1

Its net income attributable to equity holders stood at P2.1b (US$37.6m).

Philippines’ Universal Robina net income flattens in Q1 

This is due to higher financing costs and non-cash impairments in its farm business. 

Shakey’s Pizza net profit surpasses pre-pandemic levels in 2022

This is thanks to the rise in dine-in sales and the expansion of its store network.

Century Pacific Food net income up 6% YoY in FY22

Its revenue increased by 14% boosted by its branded businesses.