S&R Archives - Inside Retail Asia

Philippine malls ‘still landlord’s market’

Philippine mall rents are stable and it is still a landlord’s market, says a report by Pinnacle Real Estate Consulting Services.

[:en]Filipino grocer eyes bigger share[:zh]菲律宾超市放眼市场大份额

[:en]Filipino supermarket chain Puregold plans 25 new stores this year as it vies for a greater market share. It will invest 3 billion pesos ($233.3 million) to fund the expansion that it hopes will help it achieve 15 per cent growth this year. Puregold is converting the sari-sari stores “Tindahan ni Aling Puring” into mini-marts, to help small enterprises take their businesses to the next level. Sari-saris are ma-and-pa owned ‘hole-in-the-wall’ establishments where products for…