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How the Gokongweis are paving the way towards a sustainable future

When his father died, the 13-year-old John L. Gokongwei, Jr. was left with the massive responsibility of supporting his family. Starting from selling candles,...

On redefining the future of business

By Bjorn Biel M. Beltran, Special Features Writer In fast-changing times, it is the responsibility of leaders and visionaries to redefine what it means to contribute...

Grappling with tech-fueled disruptions in the retail industry

Technological innovations have turned the world of retail upside down. More and more consumers are using their mobile devices to shop instead of going...

Five business ideas for the stay-at-home mothers

Starting a family, especially a new one, can be a full-time job on its own. Ideally, the responsibilities of raising a child should fall...

A new era of shopping

Shopping malls all over the globe are constantly evolving in response to a number of global trends coming together at the same time. Malls,...

Insurance broking basics

Finding the right insurance cover can be confusing and time-consuming due to the increasing number of insurers, policies, offers and options to choose from....

Toward a more robust and transparent consumer lending

In 2017, consumer loans in the Philippine banking system reached P1.49 trillion, up 17.3% from the P1.27 trillion worth of consumer loans recorded by...

It’s a mall world, after all

A mall isn’t just a mall. It’s also a lifestyle destination with a waterpark, a football field, an open-air amphitheater, a botanical garden, and many other things.

A Transition Year: The road to WESM run by an independent...

Year in review The past year saw some significant strides and historic shifts in the governance and operation of the Wholesale Electricity Spot Market (WESM). In...

Lazada Philippines plans expanding next-day delivery services

By Anna Gabriela A. Mogato E-commerce site Lazada Philippines is eyeing to expand its next-day delivery services by setting up warehouses in Visayas and Mindanao. Lazada...

Finance dep’t cites tax reform gains as retail firms report higher...

THE DEPARTMENT of Finance (DoF) touted the effectiveness of lower personal income tax (PIT) rates under the Tax Reform and Acceleration and Inclusion (TRAIN)...

SM Retail ramping up store expansion

SM Retail, Inc. aims to grow the number of stores under its portfolio to 3,000 within the next five years, banking on the increasing spending power of Filipinos alongside the growing economy.

SM Retail eyes 3,000 stores in the next five years

SM Retail, Inc. looks to grow the number of stores under its portfolio to 3,000 within the next five years, banking on the increased...

NBA Store Philippines’ run comes to an end

THE RUN of the standalone NBA stores in the country will cease at the end of August, the National Basketball Association office in the Philippines announced last week.

SM Prime profit up by 16% in first half

The property firm of country’s richest man Henry Sy, Sr. reported a 16% profit growth for the first six months of 2018, driven by...

Filipinos’ online spending seen to reach P122 billion this year —...

More Filipinos expect to increase their online spending in the next two years, a study by PayPal Holdings, Inc. and Ipsos said. In a survey...

A promising grocery retail market

High consumer confidence, combined with sustained economy, drives the country to become one of the most robust retail markets in the Southeast Asia today....

The social value of the local supermarket

Before there were paved highways and fast cars, before people could affordably go to any place anywhere in the world, and before every major...

MSI-ECS Philippines, Inc. celebrates 20th anniversary in the ICT community

Bringing success and excellence in the ICT community By Mark Louis F. Ferrolino, Special Features Writer From a small entity with a pool of 50 personnel, MSI-ECS...

SSI Group earnings dip in first quarter

Earnings of SSI Group, Inc. fell in the first three months of the year, dragged by the weakening peso despite a single-digit growth in...

Duty Free to open two retail stores in June

Duty Free Philippines Corporation (DFPC) will be opening a luxury story and a new shopping outlet next month-- the Duty Free Philippines Luxe Store...

SM first-quarter profit grows 15%

The country’s largest shopping mall operator booked a 15% profit increase during the first quarter of 2018, fuelled by its strategy of developing more...

SM Prime to set up own online platform

By Arra B. Francia, Reporter SM PRIME Holdings, Inc. will be launching its own online platform within the year, in a bid to capture a...

SM Prime to launch online store within the year

SM Prime Holdings, Inc. will be launching its own online shopping platform within the year, in a bid to address the booming e-commerce industry...

More misery: H&M now faces online taunts after delivery system falters

HENNES & MAURITZ AB has another headache: not being able to deliver online goods as fast as it wants. The struggling Swedish fashion retailer is...

SSI earnings up as it shuts stores

EARNINGS of SSI Group, Inc. rebounded last year on resilient customer demand and improved operating efficiencies even as the country’s largest specialty store retailer...

Retailers report mixed 3rd quarter results

Two of the country’s top retailers reported mixed results for the third quarter of 2017. In a regulatory filing, Metro Retail Stores Group, Inc....

Promising developments

One of the industries that is gaining a lot from favorable macroeconomic conditions is the real estate industry. According to the Philippine Statistics Authority...

Gov’t wants to open retail trade further

THE GOVERNMENT is moving to open up the country’s retail sector further to foreign brands by reducing the paid-up capital threshold for enterprises to...

Toys ‘R’ Us stores in Asia unaffected by US retailer’s bankruptcy...

THE Asian operations of Toys “R” Us will not be affected by the American toy retailer’s bankruptcy filing on Tuesday, according to the company. In...

ASEAN Expansion for small businesses

By Andrew J. Masigan Quietly and beneath our noses, the influx of retail brands from ASEAN, Europe, and America have caused a bloodbath among small-...

Seven years of Titan

OPENED IN 2010, basketball concept shop Titan, in seven years, has established itself as one of the premier places to go to in the...

Fast fashion brands jack up competition in retail sector

by Josielyn Luna-Manuel, Special Features Editor  It’s not something every fashionista keeps track of. But it nevertheless is a worldwide trend that fashion retailers keep tabs on. It’s...

No way but up for e-commerce

By Melissa Luz T. Lopez, Reporter In this age of smartphones, everything is a tap or two away for anyone online. As a result, work and...

In retail slump, HK jeweler lets clients try before they buy

HONG KONG — Online luxury jeweler Plukka is going door-to-door to beat the worst retail downturn in more than a decade in Hong Kong,...

Boxing clever: used shipping containers fill gap in South African retail

JOHANNESBURG — A short drive west of Johannesburg on the edge of a fading bohemian high street stands 27 Boxes, a mosaic-colored retail center...