As more retail spaces are built in the third quarter of the year, experts from real estate and investment management firm Colliers have forecasted vacancy rate to further rise to 17 percent next year from 14.l4 percent in the first quarter this year due to new available physical mall space in...
Norway is open to expanding trade and investment ties with the Philippines particularly in the areas of aquaculture and retail industries while also continuing to develop its partnerships in the renewable energy (RE) and maritime sectors. Norwegian Ambassador to the Philippines Christian Halaas...
Critical and decisive consumers such as Generations Z and Alpha with their heightened technology and drive for advocacy are seeking business enterprises that are creating strategies that focus on value orientation. Photo taken by Khriscielle Yalao /MANILA BULLETIN These two...
Innovation is at the forefront for retailers and the private sector at the 29th National Retail Conference and Expo (NRCE) 2023 as the local retail business landscape adopts to evolving technological needs. The 29th NRCE, held from Aug. 10 to 11 at the SMX Convention Center, is themed "Retail...
Amid the boom of online shopping and technology-driven businesses, the Philippines Retailers Association (PSA) has expressed support for equitable regulations, measures and policies to address the inequalities posed by online local and foreign merchants, to the disadvantaged of conventional...
Sales of the Philippine retailing industry are expected to return to its pre-pandemic level in 2022 yet as the long lockdowns in the country badly affected traditional retailers despite acceleration of e-commerce to an even faster rate in 2020. In the “Top 100 Retailers in Asia 2021” by the...
As far as the leader of a group of supermarket owners in the country is concerned, the recent reimposition of stricter community quarantine measures felt like both a "death sentence" and a "lifeline" to the retail industry. A restaurant staff cleans a table in preparation for the resumption of...
