PHILIPPINE retailers are bullish this year, with some eyeing to expand overseas, industry leaders said during the start of a national conference on Wednesday. “We are very optimistic,” Bernie Liu, Philippine Retailers Association (PRA) president, told The Manila Times on the sidelines of the 19th National Retail Conference and Stores Asia Expo 2010. Read the rest of this entry »
Retail sector sees low double-digit growth
August 12, 2010
Fragile global recovery seen a risk for franchise businesses
July 15, 2010
FRANCHISERS and their prospective investors should tread carefully as the global economic recovery remains fragile and consumers have become harder to please. Read the rest of this entry »
RP improves ranking as retail center
July 1, 2010
The Philippines’ market attractiveness to global retailers climbed three notches this year because of the growing outsourcing sector and remittances, according to A.T. Kearney. Read the rest of this entry »
Direct selling businesses see 14% growth as unemployment bites
June 18, 2010
CEBU CITY — Direct selling companies face bright growth prospects this year, as unemployment worsens and more employed workers look for additional income to cope with the difficult times. Read the rest of this entry »
Sales of bazaars down 40% this year, but malls survive crisis
November 11, 2009
Filipinos continue to shop at large department stores even at the height of the global economic crisis this year, but spent less on cheaper items that can be bought from bazaars, tiangge and other informal retail outlets. Read the rest of this entry »
Non-traditionals keep retail sector afloat
September 1, 2009
SPACE occupied by retailers in Metro Maila shopping malls grew on the strength of non-traditional tenants, according to a property research firm. Read the rest of this entry »
Small supermarkets, groceries bullish on sales
August 18, 2009
Prices of goods sold in groceries and small supermarkets remain stable, as sales stay strong despite an economic slowdown, according to the Philippine Amalgamated Supermarkets Association Inc. (Pasai). Read the rest of this entry »
Worst over for pinoy Retailers
August 14, 2009
PHILIPPINE retailers on Thursday declared that the “worst is over” for them since they expect moderate growth this year and a possible recovery next year, citing strong overseas Filipino workers’ (OFWs) remittances and growth in the business process outsourcing (BPO) and tourism sectors. Read the rest of this entry »
Retailers upbeat over rising OFW remittances
August 13, 2009
Consumers want value-for-money, experts say
MANILA, Philippines –The country’s retail industry will improve in the coming months, largely due to steady remittances from overseas Filipino workers, according to industry experts. Read the rest of this entry »
RP to stay afloat on retail sales, public spending-report
June 30, 2009
The Philippine economy will stay afloat in the first half of this year on the back of an improvement in retail sales and government spending, indicating that the state’s full year growth target will be met. Read the rest of this entry »
