Sari-sari stores using artificial intelligence (AI) for inventory planning recorded higher sales, with median revenue from their top 50 products rising by nearly four-fifths, according to Filipino technology startup Packworks. In a statement on Wednesday, June 10, Packworks said that the findings...
Metro Retail Stores Group Inc.(MRSGI), the Gaisano-led retail chain, expanded its footprint in Eastern Visayas with the launch of a new multi-format branch in Biliran province, part of its strategy to capture consumer demand outside the country’s major urban centers. The newly opened Metro Naval...
HONOR Philippines announced that the highly top-selling HONOR 600 Series is now officially available in Globe Stores nationwide, making its breakthrough AI capabilities and flagship-level experience more accessible to Filipino consumers through flexible Globe postpaid plans. Starting May 30 to July...
Gaisano-led Metro Retail Stores Group, Inc. (MRSGI) is planning to open a total of 14 Generika Drugstores within its Metro Retail stores as part of its strategy of boosting revenues through synergies with partners. In the first quarter this year, the firm said it launched the pilot rollout of...
Sari-sari stores recorded a 90-percent surge in sales in March as rising global oil prices triggered widespread stockpiling among micro-retailers and households, according to homegrown tech startup Packworks. In a statement on Thursday, April 23, Packworks said that based on over one million...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) posted a 12-percent growth in net income to ₱682.64 million last year on the back of solid growth across key business segments, strategic new store openings, margin expansion, as well as cost management and operational efficiency. In a disclosure...
Growth in the Philippine micro-retail sector shifted toward the provinces in 2025, with regional hubs outpacing Metro Manila in store expansion and transaction activity, according to a study by tech startup Packworks. The study analyzed over one million monthly transactions over a one-year period...
Puregold Price Club Inc. has assured sari-sari store owners of its continued support, pushing back against concerns over the rapid proliferation of modern retail formats, including streamlined convenience stores and hard-discount outlets. In a statement on Sunday, Nov. 30, the supermarket chain...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 4.2 percent increase in profit in the first nine months of the year to ₱213.3 million, as cost-saving initiatives offset the drag on consumer spending from natural calamities. Cash earnings, as measured by earnings before interest,...
Gaisano-led Metro Retail Stores Group, Inc. (MRSGI) has expanded its branch network to 78 stores with the opening of Metro Store and Supermarket in Bais City, marking the community and the retail chain’s continued growth in the Visayas. The firm said its newly launched Metro Market and Department...
Hard discount stores Dali and Robinsons Retail Holdings Inc. 's affiliate, O!Save, are giving stiff competition to traditional supermarket and convenience store chains by registering strong sales growth while expanding their reach in the retail market. Based on research by Abacus Securities...
Metro Retail Stores Group Inc. (MRSGI), a supermarket and department store chain controlled by the Gaisanos of Cebu, reported a 45.7-percent jump in net income to ₱146.3 million in the first half of the year. The company said its strong performance was particularly driven by its second-quarter...
