Philippines

Wilcon Depot receives Domestic Retailer of the Year in the Philippines award

Its efforts to improve its business were recognised in the 17th Retail Asia Awards.

Wilcon Depot receives Domestic Retailer of the Year in the Philippines award

Its efforts to improve its business were recognised in the 17th Retail Asia Awards.

Jollibee rebounds to P6.3b after 2020 loss 

Its 2021 operating income is nearly at the same level as 2019.

Philippine-firm AllHome expands PetBuddy store in four new locations

Euromonitor International had reported that interest in pet care will be sustained in the Philippines.

Figaro Group on track to reach 150-store target

Currently, the group has 30 new stores under construction.

AllDay Supermarket profit climbs 33% in Q1 despite Omicron threat 

Its net profit stood at P95m (approx. US$1.8m), up from P71m (US$1.3m).

Shakey’s PIZZA more than doubles net income to P76m in Q1 

This was driven in part by a strong resurgence of dine-in sales.

JFC net income skyrockets to $43.9m in Q1 2022

The increase from $2.9m in Q1 2021 is backed by property transfer and sales.

Philippines’ SMFB income inches up by 1%YoY in Q1 2022

Its revenue rose 9% YoY due to volume growth and better pricing.

Shakey’s PIZZA posts P121m net income after 2020 loss

This was driven largely by the easing of restrictions in the fourth quarter of the year.

From brewing beans to kneading doughs: Figaro Coffee Group finds niche in pizza delivery services

Angel’s Pizza propelled the food conglomerate’s growth in the Philippines.

AllHome poses double-digit net income growth in 2021

The company recorded a 46% year-on-year increase to P1.44b.

AllHome expects increased footfall as the Philippines reopens economy

The company has observed many of its consumers are “revenge shopping” in its stores.

Philippines' URC net income surges 109% YoY to $465.4m in 2021

This is on the back of the sale of its Oceania business. 

Philippines-based SariSuki bags $7.1m in funding round

The company is aiming to build an e-grocery platform in the country.