The maximum suggested retail price (MSRP) on pork, implemented to lower retail pork prices, is set to be lifted by the Department of Agriculture (DA) as the agency seeks to revise the policy to crack down on low compliance. In an interview on Wednesday, May 14, Agriculture Undersecretary for...
Gokongwei-led Robinsons Retail Holdings, Inc. expects to benefit from higher reciprocal tariffs between the U.S. and its trading partners, as it may eventually lead to oversupply and higher margins for dry goods. “We think the imposition of higher U.S. tariffs on its trading partners could lead...
Mall vacancy is projected to return to pre-pandemic levels this year as foreign retail brands strive to capture the interest of a populace that still prefers shopping inside physical malls, according to a report by property advisory firm Colliers. In its first quarter Metro Manila retail report,...
Gokongwei-led Robinsons Retail Holdings, Inc. is seeing a recovery as its customers are now making bigger purchases at their wide array of stores that includes supermarkets, appliances, pharmaceuticals, and fashion/apparel. “This year is off to a strong start, with the ongoing recovery in basket...
SM Store Makati SM Investments Corp.’s retail arm, SM Retail Inc., reported that its efforts to tap into the rapidly growing Gen Z demographic as a new consumer market is bearing fruit. Data from the SM Store, the department store business of SM Retail, reveals a 13-percent increase in in-store...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 1.4-percent dip in net income to ₱609.42 million last year, from the ₱618.02 million earned in 2023, due to non-cash charges driven by its ongoing expansion program. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
The Department of Agriculture (DA) is considering the imposition of a maximum suggested retail price (MSRP) on garlic and eggs as market prices remain stubbornly high. Agriculture Secretary Francisco Tiu Laurel recently conducted a market inspection at Mega Q Mart in Quezon City, in which...
The maximum suggested retail price (MSRP) for imported rice will be lowered from ₱49 per kilo to ₱45 beginning March 31, according to Agriculture Secretary Francisco Tiu Laurel. In a statement, Laurel said the MSRP was reduced following the continued decline in global rice prices. “At...
(MANILA BULLETIN) The Department of Agriculture (DA) must step up its campaign on ensuring that sellers and suppliers comply with the maximum suggested retail price (MSRP) for pork. This, AGRI Party-list Rep. Wilbert T. Lee cited recent...
DA sets MSRP for pork in Metro Manila starting March 10, aiming to lower prices for consumers. The Department of Agriculture (DA) will implement a maximum suggested retail price (MSRP) for pork in wet markets across Metro Manila beginning Monday, March 10, in a bid to lower prices. The MSRP...
SM Retail Inc is a premium sponsor of the 3rd Retail Leaders’ Summit, hosted by the Philippine Retailers Association. With the theme "Retail Recharge: Inspiring Strategies for Retail Success," this year’s summit serves as a platform for industry leaders to exchange ideas, spark innovation, and...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) ACT-CIS Party-list Rep. Erwin Tulfo is batting for all basic food items to have a suggested retail price (SRP) in order to prevent certain businessmen from manipulating their prices. The...
