Philippines
ACE Hardware Philippines wins at Retail Asia Awards 2022
Home Improvement one-stop-shop helps customers through tough times.
ACE Hardware Philippines wins at Retail Asia Awards 2022
Home Improvement one-stop-shop helps customers through tough times.
Wilcon Depot receives Domestic Retailer of the Year in the Philippines award
Its efforts to improve its business were recognised in the 17th Retail Asia Awards.
Philippines’ Fruitas to buy Ling Nam restaurant with Balai IPO proceeds
The IPO raised some P203.8m in net proceeds.
Jollibee rebounds to P6.3b after 2020 loss
Its 2021 operating income is nearly at the same level as 2019.
Philippine-firm AllHome expands PetBuddy store in four new locations
Euromonitor International had reported that interest in pet care will be sustained in the Philippines.
Figaro Group on track to reach 150-store target
Currently, the group has 30 new stores under construction.
Philippines’ Max’s Group profit nearly doubles in Q1
Its revenue jumped by 18% to P2.17b.
AllDay Supermarket profit climbs 33% in Q1 despite Omicron threat
Its net profit stood at P95m (approx. US$1.8m), up from P71m (US$1.3m).
Shakey’s PIZZA more than doubles net income to P76m in Q1
This was driven in part by a strong resurgence of dine-in sales.
JFC net income skyrockets to $43.9m in Q1 2022
The increase from $2.9m in Q1 2021 is backed by property transfer and sales.
Philippines’ SMFB income inches up by 1%YoY in Q1 2022
Its revenue rose 9% YoY due to volume growth and better pricing.
Shakey’s PIZZA posts P121m net income after 2020 loss
This was driven largely by the easing of restrictions in the fourth quarter of the year.
From brewing beans to kneading doughs: Figaro Coffee Group finds niche in pizza delivery services
Angel’s Pizza propelled the food conglomerate’s growth in the Philippines.
AllHome poses double-digit net income growth in 2021
The company recorded a 46% year-on-year increase to P1.44b.
AllHome expects increased footfall as the Philippines reopens economy
The company has observed many of its consumers are “revenge shopping” in its stores.
Shakey’s opens first Peri-Peri ‘fly-thru’ store in the Philippines
The new store is also the 54th outlet of Peri-Peri.
Philippines' URC net income surges 109% YoY to $465.4m in 2021
This is on the back of the sale of its Oceania business.
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Retailers and brands told to harness data for growth
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The tandem should turn insights into profit strategies, Flying Fish Lab says.
The tandem should turn insights into profit strategies, Flying Fish Lab says.
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