Philippines Latest News - Inside Retail Asia
Jeweller Luk Fook sees early signs of recovery in Hong Kong retail
Hong Kong-listed jeweller Luk Fook has reported early signs of a recovery in the Hong Kong market this month, despite the border with China still closed.
Philippine chain Allhome eyes compact store formats
Philippines retailer The Villar Group plans to open more compact versions of its Allhome DIY and building-supplies stores.
DC Super Heroes Cafe calls time in Singapore
Comic book-themed DC Super Heroes Cafe is to close down in Singapore after five years.
Mall vacancy rates in the Philippines set to rise
Mall vacancy rates in the Philippines will rise to 12 per cent this year, predicts real estate consultancy company Colliers.
Uniqlo opens new Vietnam store, goes online in the Philippines
Japanese fast-fashion retailer Uniqlo is to open its third store in Ho Chi Minh City this week and will debut online in the Philippines. Less than a month after the opening of the Ho Chi Minh’s second store at SC Vivo City, Uniqlo Vietnam is to launch another store in the country’s tallest building Landmark 81 this Friday (June 5). Occupying a 2000sqm area, the Uniqlo Landmark 8…
Foodpanda in the Philippines expands into groceries
Food-delivery service Foodpanda in the Philippines has expanded into grocery deliveries.
Jollibee Foods vows to make the most of Covid-19 opportunities globally
Filipino restaurant operator Jollibee Foods is set to open 171 stores globally and renovate 96 more this year, seeing an opportunity despite the chaos of the Covid-19 pandemic.
Kopi Kenangan eyes fast expansion after US$109 million investment
Southeast Asian non-franchise grab-and-go beverage retailer Kopi Kenangan has raised US$109 million in Series B funding led by the firm’s existing investor, Sequoia Capital.
Iconic menswear retailer TM Lewin sold to PE investor
Iconic British menswear retailer TM Lewin has been sold by Bain Capital to private-equity company SCP through its new subsidiary Torque Brands.
SM Aura launches online shopping service during lockdown
Philippine shopping mall SM Aura Premier has launched an online shopping service for customers facing restrictions on movement during the coronavirus pandemic.
Four ways the Covid-19 pandemic will reshape shopping behaviour in Asia
Shopping behaviour in Asia will be redefined by the Covid-19 crisis, according to new research from retail solutions provider Tofugear, Digital Consumer in Asia 2020.
Carousell supports SMEs, hawkers during Covid-19 crisis
Classified-ad service Carousell is offering up to US$1.3 million in free advertising for nonprofits serving communities impacted by the coronavirus outbreak.