Philippines

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

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.

Stanley Co will assume the role starting on 1 August.

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

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

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

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

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

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

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

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

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

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

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

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