F&B sector helps fuel retail space demand in Cebu

Victor Anthony V. Silva 09/08/2017

The entry of internationally-recognized brands and the aggressive expansion of homegrown restaurant chains in Cebu are seen to continue driving the absorption of retail space demand in the country’s second largest urban hub. This, coupled with the…

Lower power rates in the offing as Visayas shifts to RCOA

Victor Anthony V. Silva 05/11/2017

Despite setbacks in the full implementation of the Retail Competition and Open Access (RCOA) scheme in the power industry, consumers are still seeing its benefits and are taking advantage of their power to choose where to source…

Bosch store boosts Cebu’s top retail market status

Cris Evert Lato-Ruffolo 05/08/2017

THE store opening of a high-end kitchen appliance brand in Cebu proves its position as a primary retail market for top-of-the line products. This also means that Cebu’s buying population has a discriminating taste for brands that…

Haier introduces first online retail partner in PH

Caryll Arcayan 03/08/2017

International home appliance supplier Haier, launched Haiper Apps Online as its first online retail partner in the Philippines on February 21 at the Cebu City Marriott Hotel. Haiper Apps Online (HAO) was created out of Haier’s commitment…

Retail sector cashes in on Valentine’s Day

Victor Anthony V. Silva 02/09/2017

WHILE February is generally considered a “slack month” for business, brisk sales are expected days leading up to the occasion most lovers look forward to each year. Robert Go, president of the Philippine Retailers Association (PRA) in…

Businessmen urged to calm down

Aileen Garcia-Yap 11/11/2016

Retail magnate’s advice: Listen to policies before moving forward Retail magnate Hans T. Sy advised businessmen to continue doing what they are doing and to not get immediately swayed or discouraged by the recent developments. Sy was…

More glitter in jewelry sector seen as PH economy grows

Victor Anthony V. Silva 11/10/2016

Gaisano retail unit rebrands, eyes millennials as market continues to expand A growing population coupled with a growing economy has created a promising environment for the jewelry market. These developments (growing population and the growing economy) had…

Metro retail expands Visayas footprint

07/26/2016

FURTHER cementing its foothold in the Visayas, Cebu-based Metro Retail Stores Group, Inc. (MRSGI) has entered into a 25-year lease agreement with the local government of Bais, Negros Oriental to set up its first store in the…

Metro Retail opens 49th store

05/24/2016

Following its strong 69-percent growth in net income for the first quarter of 2016, leading homegrown retailer Metro Retail Stores Group, Inc. (MRSGI) recently opened its 49th store at the in Quezon City. “We continue to harness…

Parkmall expands; West Strip to open in last quarter

05/24/2016

PARKMALL is expanding its gross leasable area with the development of the West Strip, located beside the public utility vehicle (PUV) terminal. Construction of the West Strip started in December 2015, in keeping with the continued development…

Haier set to open first concept store in Cebu

Vanessa Claire Lucero 03/03/2016

IN a show of confidence in the Cebuano market, Haier Electrical Appliances Philippines, Inc. (Haier Philippines) plans to open its first concept shop in Cebu next quarter. It will be the only concept shop in the country…

Consumer trends to consider

Vanessa Claire Lucero 12/31/2015

In developing products or drawing up marketing strategies for 2016, businesses would do well to consider 15 consumer trends. Charmaine Bautista-Pamintuan, chief marketing officer of the Inquirer Group, classified these trends into four pillars: Profile, Patterns, Perception,…

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