Philippines
Jollibee posts ‘record’ 36.4% net income growth in Q3
Its net income stood at P2.14b.
Philippines' Universal Robina net income drops to P9.7b in first nine months
This is even as its core net income grew 9%.
Philippines’ Century Pacific Food posts 6% net income growth
Its net income stood at P4.2b (US$71.5m).
Philippines’ Figaro Coffee Group income soars over 100% in 2022
Its net income stood at P198.2m ($3.26m).
Red Ribbon PH opens 38th bakeshop in the US
It is its fourth location in San Diego.
Jollibee's 85th North American location opens in Philadelphia
It is Jollibee's first store in Pennsylvania.
SM Supermalls launches Christmas countdown campaign for marginalised communities
A total of 76 malls will be participating in the initiative.
Philippines foodservice profit sector to grow by 17.5% through 2026
This could reach $20b from $9.2b in 2021.
Olive Garden opens in Philippines
Casual dining restaurant opened on 12 September.
Jollibee shows stronger performance in H1 22 despite closures in China
Reimposition of strict lockdown measures globally may pose risk.
Philippines’ FRUITAS launches cloud kitchen 'Nube Kuxina'
It will feature food brands, such as Balai Pandesal, and Ling Nam, amongst others.
Japanese restaurant Yoshinoya relaunches in the Philippines
This is the first Japanese food chain under the Jollibee Group.
Jollibee net income soars 186% in Q2 22
Its earnings reached P2.8b from P976m.
Fruitas posts record net income in Q2 2022 since listing
It reached over $411,000, increasing 232% YoY.
Max’s Group net income skyrockets by 332% to P239.5m in Q2 2022
This is thanks to the ongoing supply chain efficiencies.
Philippines 7-Eleven reverses losses in H1
Its net income reached P890.4m in the first six months.
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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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