Philippines
JFC posts 26.4% net income growth in 2022
The Philippine-based food chain also recorded a sales growth of 40.2%.
JFC posts 26.4% net income growth in 2022
The Philippine-based food chain also recorded a sales growth of 40.2%.
Philippine-based hard discount store DALI bags $15m ADB investment
DALI is the first hard discount retail firm in the Philippines.
Philippines’ F&B firm Universal Robina posts 12% net income growth
Net income from continuing operations stood at P14.5b (US$263m).
What mode of payment Filipino buyers prefer most
Cards were used in over half of the e-commerce transactions in 2022.
Philippines’ baby food market to shrink by 4.5% annually until 2028
This is due to the lower childbirth rates and rising inflation.
India-based Zomato ends Philippine operations
The company said it will still continue operating in India and the United Arab Emirates.
Robinsons Retail posts 26.7% income growth in 2022
Its net income stood at P5.73b.
Monde Nissin to buy 15% of Figaro Coffee Group shares
The transactions will be worth P820.3m.
Dickey’s Barbecue Pit to start grilling in first Philippine store
The store will open in the second quarter of 2023.
BillEase, Alipay+ partner to enable Filipino consumers to shop online globally
BillEase is the first BNPL firm in the Philippines to partner with Alipay+.
Robinsons Retail completes BPI buy-in deal
The company purchased 200 million shares of the bank.
Philippines' retail sector shows signs of improvement: report
Retail sales in the country have been growing at a relatively slow pace.
Fruitas net income rebounds to P14m in Q3 2022
This is a reversal of the P8m net loss last year.
Metro Retail reverses net loss in first nine months
Its net income amounted to P400m.
AllHome posts P702m profit in first nine months
Its revenue stood at P9.10b over the same period.
Philippines’ consumer spending to rise 5.5% YoY in 2023
This is slower than the 7.6% YoY forecast this year.
Shakey’s Pizza net income reaches P454m in first 9 months
This is coming from a P35m loss in the same period in 2021.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. 6 in 10 Gen Zs prioritise user experience and trustworthy reviews 2. Here are key consumer trends influencing pet care sales in 2024 3. South Korea’s Paris Baguette opens first Philippine store 4. Millennials and Gen Zs drive surge in demand for RTD iced coffee 5. What drives Australia's retail transformationAwards
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