Stores
Philippines' retail sector shows signs of improvement: report
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.
L’Oréal Groupe, partners unveil luxury beauty brand SHIHYO
Its flagship store will open in South Korea.
Deliveroo’s Australian exit raises need to modernise food delivery
Deliveroo recently announced it will stop operations in Australia.
Deliveroo exits ‘highly competitive’ Australian market
In the first half, Australian businesses only accounted for 3% of Deliveroo’s GTV.
Consumer spending in China to see ‘steady growth’
Spending is projected to grow by 6.5%YoY in 2023.
Suntory net profit grows 14.5% in first nine months
Its net profit amounted to JPY68b.
AllHome posts P702m profit in first nine months
Its revenue stood at P9.10b over the same period.
Central Retail profit soars over 150% in Q3
Its profit stood at THB1.25b.
South Korea's small stores lag behind big department stores in sales
Small supermarkets and groceries only saw a 0.4% sales growth.
Weekly News Wrap: Chinese brands dominated Singles Day best-sellers; Alibaba did not disclose 11.11 sales for the first time
And Shein opens its first physical store in Tokyo.
Inflationary pressure slowing retail sales in Vietnam: report
Retail sales growth fell from 36.1% in September to 17.1% in October.
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.
Philippines’ SMFB sustains ‘strong’ growth in first nine months
The company also registered its quarterly highest revenue since 2018.
Crocs’ APAC revenue soars 65.5% YoY in Q3
It has 153 stores across the region.
Commentary
Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy