retail | ABS-CBN News

DTI opens 'Go Lokal' shop in historic Intramuros

Jekki Pascual, ABS-CBN News
Posted at Mar 27 04:55 PM

The trade department has opened a 'Go Lokal' store in Intramuros, Manila on Monday to help micro, small and medium enterprises reach more customers. Read more »

Private construction boosts Wilcon Depot net income to P3.848B

ABS-CBN News
Posted at Mar 03 09:30 AM

Wilcon Depot said on Friday its net income jumped 50.2 percent to P3.848 billion in 2022 due to increased business volume and the resumption of private consumption as the economy reopens. Read more »

THE DAY IN PHOTOS: February 21, 2023

ABS-CBN News
Posted at Feb 22 12:46 AM

Here are the day's top stories in photos. Read more »

Presyo ng ilang gulay bumaba dahil sa panahon

ABS-CBN News
Posted at Feb 21 07:27 PM

Nag-inspeksiyon ang ilang ahensiya ng gobyerno sa isang palengke sa San Juan City para tiyaking nasusunod ang suggested retail price ng mga paninda gaya ng sibuyas. Read more »

Price check in San Juan market

Maria Tan, ABS-CBN News
Updated as of Feb 21 10:50 PM

San Juan City Mayor Francis Zamora checks the prices of various meat and produce at the Agora Public Market on Tuesday. Read more »

SM Prime 2022 net income hits P30.1-B, up 38 percent

ABS-CBN News
Posted at Feb 20 04:16 PM

SM Prime Holdings posted a P30.1 billion consolidated net income in 2022, higher by 38 percent compared to the P21.8 billion booked in 2021. Read more »

Luxury sector eyes reopening of China

Katell Prigent, Agence France-Presse
Posted at Feb 20 08:29 AM

After a year of record sales and profits despite slowing global growth the luxury sector is looking to the reopening of China to deliver further expansion in 2023. Read more »

DTI tiniyak na di muna papayagan ang bagong taas-presyo

ABS-CBN News
Posted at Feb 16 08:46 PM

Tiniyak ng DTI na wala na munang aaprubahang dagdag-presyo sa mga basic at prime commodity. Read more »

Century Pacific Food says uMEAT now available in Walmart

ABS-CBN News
Posted at Feb 13 02:53 PM

- Listed food and beverage firm Century Pacific Food Inc said on Monday its plant-based brand unMEAT is now available in Walmart, one of the largest retailing companies in the US. Read more »

Unilever annual profits jump on higher prices

Agence France-Presse
Posted at Feb 09 04:57 PM

British consumer goods group Unilever said Thursday that 2022 profits soared as sales of its food and hygiene products leapt on higher prices. Read more »

'Hindi na kami kikita': Mga manininda, umaaray sa SRP na P125 kada kilo ng sibuyas 

ABS-CBN News
Updated as of Feb 08 02:49 PM

Puhunan pa lang daw nila ay nasa P270 na ---kasama dito ang presyo sa kanilang supplier sa Divisoria at ang bayad sa transportasyon ng produkto papunta sa kanilang pwesto sa Pasay Public Market. Read more »

SRP ng imported na pulang sibuyas itinakda sa P125

ABS-CBN News
Updated as of Feb 06 09:48 PM

Nagtakda ng P125 suggested retail price ang Department of Agriculture sa imported na pulang sibuyas. Read more »

Japan Home Center launches 'Pay with Sibuyas' campaign

Jessica Fenol, ABS-CBN News
Updated as of Feb 03 11:13 AM

Are you among those crying from the ridiculously high prices of onions? Don't fret. For one day, consumers will be able to "Pay with Sibuyas" at discount store Japan Home Center. Read more »

Amazon quarterly sales rise to $149B, beating expectations

Agence France-Presse
Posted at Feb 03 08:29 AM

Online shopping giant Amazon posted better than expected sales numbers for the last quarter of 2022, saying it beat the headwinds of a gloomy economy by reining in costs. Read more »

Robinsons Retail 2022 net income, net sales eclipse pre-pandemic level

ABS-CBN News
Posted at Feb 02 08:53 AM

Robinsons Retail Holdings said on Thursday it posted a record P5.7 billion net income attributable to equity holders of the parent company in 2022. Read more »

H&M earnings hit by Russia exit, soaring costs

Agence France-Presse
Posted at Jan 27 04:52 PM

H&M reported on Friday a big drop in profits in 2022, with an unexpected loss in the fourth quarter as the Swedish fashion retailer exited Russia and faced soaring production costs. Read more »

Luxury giant LVMH sales, profit hit new highs

Agence France-Presse
Posted at Jan 27 08:21 AM

High-end jeweller Tiffany, which was bought by LVMH in 2021, saw a record year, it added without giving a breakdown of its sales. Read more »

Luxury sector impatient for return of Chinese tourists

ABS-CBN News
Updated as of Jan 23 08:30 AM

The European luxury sector is welcoming the end of pandemic lockdowns in China, as the return of big-spending Chinese tourists could sustain further growth. Read more »

Tax hike on luxury goods needs thorough review: PCCI

Jekki Pascual, ABS-CBN News
Posted at Jan 18 04:34 PM

The proposed tax on luxury items needs to be thoroughly reviewed as it may impact the retail and tourism industries, an official of a large business group said. Read more »

Ang family's luxury car firm CATS partners with Inchcape

Jekki Pascual, ABS-CBN News
Posted at Jan 18 03:45 PM

Luxury car distributor CATS Group of Companies on Monday said it would form a joint venture with global automotive distributor Inchcape. Read more »