Philippines

ACE Hardware Philippines bags two wins at Retail Asia Awards 2024

It has refined its store design and reorganised the entire business for sharper focus on improving customer journey.

DoubleDragon's CityMall opens first Jollibee Group multi-brand store

This allows customers to order from all four brands in one transaction.

Philippine e-commerce market to surge by 19.6% in 2024

Increasing consumer preference for online shopping and robust internet penetration are driving this growth.

SM Markets to open 10 to 15 new stores in 2024

It aims to serve the essential needs of Filipino communities in underserved areas.

Metro Retail profit falls 16% in Q1 2024

The decline was attributed to narrower margins in general merchandise. 

Diving into digital platforms and young Filipino shopping habits

Kadence Philippines urges brands to prioritise seamless navigation, enhanced engagement, and sustainability efforts.

Philippines' Goldilocks to launch 30 new franchise-owned stores

It currently boasts 926 outlets, with 360 operating under franchise ownership. 

SM advances climate action with nature-based solutions

It developed a Sustainability Management System focused on the two key policies of Climate Action and Resource Management. 

Metro Retail expands presence in Visayas with four new supermarkets

It currently operates 64 stores across the Philippines, with 42 branches in the Visayas.

Philippines’ SM Prime Holdings to open four new malls in 2024

It is part of the company's strategy to expand its presence nationwide.

South Korea’s Paris Baguette opens first Philippine store

It marks the bakery chain’s presence in 11 countries since 2004.

Balai ni Fruitas acquires Sugarhouse

It will expand BALAI's product offerings and increase its production capacity.

Metro Retail profit down 32.6% to $2.9m in 2023

The company’s sales reached $671m (P38.3b) during the same period.

Fruitas completes $4m corporate notes placement

Proceeds will support working capital and general corporate needs.

Ajinomoto Philippines switches to 100% renewables in manufacturing facility

It is achieved through the government’s Retail Competition and Open Access Programme.