Landers Superstore to open in ArcoVia City and Alabang West

Two of Megaworld’s newest township developments ArcoVia City and Alabang West will soon be home to Landers Superstore

18th Global Pinoy Bazaar: Celebrating the Filipino Christmas

The 18th Global Pinoy Bazaar was the biggest Yabang Pinoy bazaar for the year with over 250 local brands featuring local crafts and artistry

US Black Friday: more shoppers but less spent per head

Sales over the Thanksgiving holiday which extends into so called Cyber Monday are a good indicator of the health of US consumer spending

H&M’s Black Friday Sale: Up to 70% off on their new collection and more items

The retail giant will hold its first Black Friday frenzy in the Philippines on November 25 to 27

Electronic clearing of checks to start January 2017 – BSP

The new check clearing process is expected to speed up the crediting of funds to depositors accounts from 3 to 5 banking days to only one banking day

Alibaba revenue in biggest leap since IPO

UPDATED Revenue for the e commerce giant soars to 4 83 billion in the June quarter

SSI Group's net income dips as it closes 81 stores

As part of its store rationalization program SSI Group also books losses on disposals of property and equipment worth P33 5 million

Robinsons Retail buys stake in De Oro Pacific

Robinsons Retail currently operates 152 mall based DIY hardware stores including 132 Handyman Do It Best stores 19 True Value stores and two True Home stores

How cashless transactions make your life easier

There are times when bills and coins are necessary As life gets increasingly more digital however cashless will be the better way to go

Hans Sy retiring as SM Prime president

But Sy will remain highly involved in the company s overall strategic direction as chairman of SMPHI s Executive Committee and member of the board

Uniqlo bans Bangladesh travel after killings

Tokyo based Fast Retailing which operates Uniqlo says it told 10 Japanese employees not to leave their houses until further notice

Zara owner Inditex's profits beat expectations

Inditex also says it opened stores in Aruba Nicaragua and Paraguay in the first quarter of 2016 extending its reach to 91 markets and 7 085 shops

ERC to Meralco: Don't block retail competition and open access

ERC Chairman Jose Vicente Salazar says he finds no strong reason for Meralco to block a mechanism which would be good for the retail customer base in its present service area

Marks & Spencer logs lower profits, warns on turnaround plans

The retail giant s new boss predicts its performance would weaken further due to an overhaul in its clothing division and tough trading conditions

US retail giants feel pain as online shopping hits

Online retail sales are surging while clothing stores are seeing slower growth as more consumers trade malls for smartphones

Sales slump worsens at fashion group Gap

Key challenges include competition from fast fashion chains like H M and Uniqlo

FamilyMart PH operator's net income declines in 2015

SSI s FamilyMart faces increased competition following the expansion of Japanese brand Lawson

Tokyo stocks rally as Uniqlo operator soars on price-cut news

Uniqlo boss Tadashi Yanai says raising prices was a mistake

Alibaba to buy $1B controlling stake in Lazada

Alibaba says the investment consists of 500 million newly issued equity capital by Lazada and shares from existing shareholders – for a total of 1 billion

Kidapawan tragedy, Brussels blasts, Forbes power women | 12PM wRap

Watch Rappler’s 12PM newscast with Chay Hofileña

Do malls, online shops mix? Zalora says Pinoys have best of both worlds

Ecommerce is fast establishing itself as a retail channel but its rise will complement rather than disrupt traditional retail says the founder of Zalora Philippines

GCash, PayMaya team up to boost mobile money usage

This marks the first successful interoperability trial in Southeast Asia between two mobile money providers

Waltermart backs out from mall partnership with 8990 Holdings

Waltermart and 8990 Holdings were supposed to operate malls in Ortigas Avenue Extension and Vitas Tondo

Aquino at Sumitomo opening: More foreign banks, more investments

Aside from Sumitomo 5 other banks are poised to set up shop in the Philippines

BSP expands scope of micro-banking offices

11 of 19 previously unbanked municipalities in the country gained banking presence because of micro banking offices the Bangko Sentral ng Pilipinas says

PSE funds surge in 2015, still below target

Fund raising activities at the local bourse total P184 60 billion 3 94 billion in 2015 despite global financial market volatility

BSP eyes expanding e-payments by 2020

The National Retail Payment System will facilitate the country’s shift from a cash heavy to a cash lite economy

Metro Retail stabilizes at market debut

Following its debut on the Philippine Stock Exchange Metro Retail says it plans to add 60 70 more stores nationwide over the next 5 years

#PugadBaboy: Retail bullet "smugglers" punchline 2

#PugadBaboy: Retail bullet "smugglers"

#PugadBaboy: Retail bullet "smugglers" punchline 3

Aquino: PH is an easy brand to sell

But corruption and impunity make the task a challenge says the salesman in chief of the Philippines

PSE approves maiden offering of Gaisano's retail unit

Post IPO Metro Retail Stores Group Inc will have a market capitalization of P21 billion and public float of 26 71

US retail sales edge up in September

Retail sales are a sign of the strength of consumer spending which drives about two thirds of the US economy s activity

Cherry Foodarama to reopen, now under SM management

Branches in Shaw and Congressional will reopen this week nearly 3 months since SM Investments Corporation acquire the grocery chain

PH is Asia's next shopping destination?

The Philippine Retailers Association is reviving efforts to groom the country as a tourism shopping hub in the region like Hong Kong and Singapore

Megaworld to open 2 malls worth P4B

Opening in the last quarter of 2015 the Uptown malls promise to redefine lifestyle retail leisure and entertainment in upscale north Fort Bonifacio area

Support electronic retail payment, BSP urges

The BSP governor urges banks institutions to support ERPs system to boost savings and expand reach of financial services to more Filipinos

Costa Coffee brings London-style caffeine culture to PH

I cannot dislodge the economic power of the US here But through coffee it’s easy says British Ambassador to PH Asif Ahmad on UK s Costa Coffee presence in the country

Ayala, Puregold launch supermarket in UP Town Center

The 50 50 joint venture of Ayala Land and Puregold Price Club calls its debut supermarket Merkado which is catering to middle income segment

Ayala Corp acquires 50% stake in Generika drugstore chain

For an undisclosed amount the conglomerate ventures into the retail health care industry expanding its footprint that already includes a chain of hospital and satellite clinics

Suggested Retail Price distorts market – DOJ

A DOJ study shows that imposing SRP on products creates unintended consequences such as restricting competition

Puregold ventures into remittance business with Pure Padala

The service gives Filipinos overseas the power to allocate their remittances for specific expenses exclude items from a grocery list and set the amount that can be encashed

Metro Gaisano develops waterfront township in Cebu

The 20 hectare township will include a central linear park al fresco establishments and a waterfront promenade

SM to seal deal with Cherry Foodarama in June

The conglomerate is set to acquire majority interest in the pioneering grocery business

Rustan’s group sees increased consumer spending in 2015

Specialty store retailer SSI Group of the Tantoco family aims to increase its net income for 2015 by expanding its retail space bringing in more foreign brands and growing FamilyMart nationwide

‘Huge disruptions’ to change face of shopping by 2025

In a decade s time the retail sector will look nothing like it is now says market research firm TNS

Uniqlo now sells San Miguel Pale Pilsen T-shirts

The T shirt line is Uniqlo s second corporate collaboration in the Philippines following the launch of the Jollibee T shirts in May

Meralco eyes ERC approval for 100k more prepaid electricity meters

The electricity utility firm says there are already takers for the earlier approved 40 000 meters

12 mistakes investors make

Are you buying high selling low? Acting on tips and sound bites? Have unrealistic expectations?