Philippines Latest News - Inside Retail Asia

Watsons Philippines to add 50 stores this year

Watsons Philippines plans to open another 50 stores this year, adding to the 781 branches it already operates.

Philippine retailer AllHome to list next month

AllHome Corp, the Philippines home-furnishings retailer, is looking to raise up to US$348 million in an IPO.

Lazada Philippines to offer installment credit with AsiaKredit

Lazada Philippines customers can now buy goods and pay by instalments.

SM Prime to open lifestyle mall in Zambales

SM Prime Holdings is launching a new lifestyle mall in Zambales, the Philippines.

Shopping malls in the Philippines ‘stronger than ever’

Shopping malls in the Philippines are bucking international trends and are trading stronger than ever, says retail technology expert Nikki Baird.

Shrinking Forever 21 may seek bankruptcy protection

Californian fast-fashion retailer Forever 21 is reportedly preparing to file for bankruptcy protection after failing to reach a deal to refinance its heavy debt load.

Chinese shoppers can now use Alipay at the Mall of Asia

Opening the way for Chinese to use Alipay at Mall of Asia stores is aimed at attracting more tourists to the mall – as well as the increasing locally based Chinese population.

Gong Cha secures private-equity investment to boost global expansion

International private equity company TA Associates will take an undisclosed stake in fast-growing bubble-tea chain Gong Cha.

Uniqlo in the Philippines opens first roadside store

Uniqlo in the Philippines has opened its first roadside store, stepping outside of its traditional shopping-mall base.

Retail grows 10 per cent for the Philippines’ SM Investments

The Philippines’ SM Investments has achieved 14-per-cent sales growth in the first half year, its retail division up by 10 per cent.

Ecco is returning to the Philippines

Danish footwear brand Ecco is returning to the Philippines through a shop-in-shop concept at SM malls.

Smashburger weighs down Jollibee results

Jollibee’s Smashburger and Red Ribbon business units significantly dragged down the restaurant-operator’s first-half profits.

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