News

Toys 'R' Us Philippines says not affected by US liquidation

ABS-CBN News
Posted at Mar 19 07:28 PM

It's business as usual for Toys "R" Us in the Philippines even as the iconic brand moves closer to liquidation in the United States, the local operator of the retail chain said on Monday.  Read more »

Alibaba doubles investment in Lazada

Agence France-Presse
Posted at Mar 19 03:39 PM

Chinese e-commerce giant Alibaba said Monday it will appoint one of its founders as head of Lazada and inject another $2 billion into Southeast Asia's leading online shopping firm, boosting its regional expansion. Read more »

Zara and H&M shore up defenses as internet threatens

Emmanuelle Michel, Agence France-Presse
Posted at Mar 18 02:05 PM

Faced with fierce online competition from the likes of Amazon, affordable fashion giants Zara and H&M are shoring up their defenses, trying to use their stores to boost internet sales.  Read more »

'You don't buy eggs online': DoubleDragon bets on shopping malls

Jessica Fenol, ABS-CBN News
Posted at Mar 16 05:48 AM

DoubleDragon said its shopping mall arm would be a "great growth driver," notwithstanding the rise of electronic shopping platforms. Read more »

'No fakes' online shop readies augmented reality tech to lure shoppers

Jessica Fenol, ABS-CBN News
Posted at Mar 12 09:55 AM

Adobomall, a homegrown e-commerce platform, said it would soon employ augmented reality technology to lure more buyers online. Read more »

Presyo ng de-latang karne, nakaambang tumaas ng higit P1

ABS-CBN News
Updated as of Mar 06 09:07 PM

Nag-abiso ang mga manufacturer ng de-latang karne na magkakaroon ng higit P1 dagdag sa presyo ng kanilang mga produkto, bunsod ng pagmahal ng raw materials at reporma sa buwis. Read more »

French supermarket's chicken blockchain set to lay eggs

ABS-CBN News
Posted at Mar 06 08:11 PM

French supermarket group Carrefour said Tuesday it would expand its blockchain-based food traceability programme, which is currently in place for some chickens, to eight other products including eggs by the end of the year. Read more »

Presyo ng sardinas, nagbabadyang tumaas ng P1 kada lata

ABS-CBN News
Posted at Mar 05 07:30 PM

May napipintong pagmahal sa presyo ng sardinas pero hindi umano ito dapat lumagpas sa piso kada lata, ayon sa Department of Trade and Industry.  Read more »

Konsumer, magsasaka, asar na sa 'kulang' na reserba ng NFA rice

ABS-CBN News
Posted at Feb 28 09:57 PM

Dismayado ang mga konsumer at farmer groups sa balitang kulang na sa reserbang bigas ang National Food Authority.  Read more »

Business of happiness: How malls plan to weather e-commerce rise

Jessica Fenol, ABS-CBN News
Updated as of Feb 28 03:02 PM

A deep mall culture, wherein the giant air-conditioned structures are at the center of happy family activities, will help brick and mortar retail withstand the rise of e-commerce, industry stakeholders said. Read more »

SM, Robinsons, Rustan's bosses among PH 'retail icons'

Jessica Fenol, ABS-CBN News
Updated as of Feb 28 09:16 AM

Twelve icons of retail, whose empires defined how Filipinos shop for everything from headache medicine to engagement rings, were honored by an industry group late Tuesday.  Read more »

Ilang de-latang karne, nagmahal; LPG mumura

ABS-CBN News
Updated as of Feb 27 10:30 PM

Naglabas ang DTI ng bagong suggested retail price dahil sa pagtaas ng presyo ng ilang bilihin.  Read more »

After stunning growth streak, Amazon ambitions seem boundless

Julie Charpentrat, Agence France-Presse
Updated as of Feb 19 07:29 AM

Triumphant in online retail, cloud computing, organic groceries, and streaming television, Amazon founder Jeff Bezos is turning his seemingly limitless ambition to health care. Read more »

Walmart goes to the cloud to close gap with Amazon

Nandita Bose, Reuters
Posted at Feb 14 08:55 PM

One of Walmart Inc's best chances at taking on Amazon.com Inc in e-commerce lies with six giant server farms, each larger than ten football fields.   Read more »

SM to open new mall in Imus, Cavite

ABS-CBN News
Updated as of Sep 15 08:01 AM

The new 13,000-sqm mall called SM Center Imus will feature the company's well-known brands including SM Supermarket, SM Appliance Center, ACE Hardware, Miniso, Watsons and BDO. Read more »

Walmart goes to the cloud to close gap with Amazon

Nandita Bose, Reuters
Posted at Feb 14 04:30 PM

One of Walmart Inc's best chances at taking on Amazon.com Inc in e-commerce lies with six giant server farms, each larger than ten football fields. Read more »

'Tiangge' stalls have place in revamped Greenhills: Ortigas and Co

Cathy Yang, ABS-CBN News
Updated as of Sep 14 01:16 PM

Bargain stalls that sell cell phones, clothes and bags or "tiangge" will have a space in the revamped Greenhills Shopping Center, as it seeks to maintain its mass appeal, its developer said Wednesday. Read more »

ALAMIN: Mga trabahong sapul sa papalapit na 'Saudization'

ABS-CBN News
Posted at Feb 09 07:33 PM

Base sa kautusan ng Saudi Ministry of Labor and Social Development, simula Setyembre 11 ay bawal na ang pagtatrabaho ng foreign workers sa 12 uri ng retail para bigyang prayoridad ang mga Saudi national. Read more »

SM backs out of Goldilocks acquisition, anti-trust body says

Cathy Yang and Warren de Guzman ABS-CBN News
Updated as of Feb 01 01:14 PM

SM Retail Inc has backed out of its planned acquisition of Goldilocks Bakeshop, the head of the country's anti-trust watchdog that reviewed the deal said Thursday. Read more »

California woman sues Walmart for 'segregated' black products

Agence France-Presse
Updated as of Jan 27 08:46 AM

LOS ANGELES, United States - A Californian woman sued supermarket chain Walmart on Friday, accusing the company of implementing extra security measures on products marketed toward black people.   Read more »