Philippines Archives - Inside Retail Asia

Asia-Pacific boosts Uniqlo profit

Profit soars 24 per cent, despite a more modest 3 per cent sales lift.

Ippudo restaurant owner applies for listing

Ramen restaurant chain Ippudo’s owner is expected to list shares on the Tokyo Stock Exchange as early as March.

Philippine economy remains strong

Philippine economy grows stronger with GDP rising 7 per cent.

Asian smartphone market trends revealed

Philippines is Southeast Asia’s fastest-growing smartphone market.

Asian smartphone market trends revealed

Philippines is Southeast Asia’s fastest-growing smartphone market.

Puregold Price Club thrives in small-scale retail

Philippine supermarket chain Puregold Price Club expands business with push from small-scale stores.

Visa claims more Filipinos using contactless payments

More consumers in The Philippines are using contactless payments, according to the Visa Consumer Payment Attitudes Study 2015.

Asia Pacific Travel Retail Association launches seminars

A new schedule of Responsible Retail Training seminars, enhancements to the Duty Free & Travel Retail Database, topical research studies and advocacy support are among the immediate priorities for the Asia Pacific Travel Retail Association (APTRA) this year. A wide-ranging research program, conducted for APTRA by M1nd-set, has kicked off this year with a study of the shopping behaviour of Chinese travellers on domestic and international journeys, including their motivations for shopping a…

Inditex seals deal for Philippines

Thai homewares giant Index Living Mall has signed a Philippines partner as its Asian expansion continues. Index will team up with the Philippines largest retail and mall operator SM Group to run the franchise for the concept for at least five years. Index managing director Kridchanok Patamasatayasonthi told the Bangkok Post newspaper Index chose the Philippines due to its huge market potential. “There’s no furniture or furnishings chain like us in the country, just small local and impor…

Hooters in major Asian roll-out

Hooters of America has signed an extensive development agreement to open 30 new Hooters QSR restaurant locations throughout Southeast Asia over the next six years.

LuLu plans SE Asian money shops

LuLu Group, the Emirates-based retail group, is looking to open a network of money exchanges in southeast Asian countries. According to media reports in the Gulf, Lulu Group plans money exchanges in Thailand, Vietnam and the Philippines, where it opened a liaison office late last year. The company had already announced plans to open hypermarkets in Malaysia and Indonesia and now, according to reports, Hong Kong is on its radar also. LuLu Group had earlier scheduled its first Malaysian h…

Solar-powered mall an SE Asian first

Atop the roof of the giant SM City North Edsa mall in the Philippines, lie 5760 solar panels – enough to power the entire shared services of the centre below. SM Prime Holdings flipped the switch on its self-sustainable power supply system last week. From now, the centre’s roof powers all of the 16,000 lighting fixtures, 59 escalators and 20 elevators inside. SM Prime partnered with Solar Philippines, the company behind the largest commercial rooftop solar power projects in the country a…