Philippines Latest News - Inside Retail Asia
[:en]Robinsons Retail thinks small[:zh]Robinsons的小零售收购计划
[:en]Robinsons Retail of the Philippines plans to acquire small chains to increase its competitiveness. The company, a retail arm of the Gokongwei family, plans to spend 26 billion pesos ($593 million) up to 2016, to buy grocery or pharmacy chains of three to eight outlets outside Metro Manila. President Robina Gokongwei-Pe says towns outside Manila present opportunity because the penetration of modern trade is still very low and people are looking for a better store environment,…
Taiwanese restaurant hits Philippines
Taiwanese restaurant chain Hot Star has expanded into the Philippines, opening its first outlet in Manila. The chain, known for its huge deep-fried chicken breast fillets, is opening at the new Blue Bay Walk along Macapagal Avenue, just a few minutes away from SM Mall of Asia. In addition, dishes including rice meals, pasta, sandwiches, fish fillets and more, will be introduced to suit local palate. Businessman Richard Chua, owner of home grown Peanut Butter Company, will operate the Ta…
Ayala enters supermarket business
Filipino property developer forms JV with supermarket operator Puregold.
