As consumer behavior continues to evolve, the SM Group is ramping up its customer experience strategies to meet the growing demand for personalization in retail and hospitality.
Upson International Corp., the country’s biggest mall-based retailer of electronic gadgets, is falling well behind its expansion goals two years after going public.
Robinsons Retail Holdings, Inc. reported core earnings of P1.2 billion in the first quarter of 2025, up 4.9 percent year-on-year, driven by higher operating income and lower interest expenses.
In the battle of Italian luxury brands, Gucci trounced Prada in 2024, delivering over 12 times more profit, according to distributor and joint venture partner SSI Group, controlled by the Tantoco family.
The Gokongwei family’s push into the hard discount retail space is gaining traction, as stores and sales continue to grow in the Philippines, fueling optimism that profitability will soon follow.
SM Supermalls set a new record as the Philippines’ largest mall operator, attracting nearly 1.9 billion visitors in 2024, or an average of 5.2 million daily, a record high.
Robinsons Retail closed 2024 with solid earnings growth, doubling net income to P10.3 billion, fueled by cost efficiencies and a major one-time gain from the Robinsons Bank-BPI merger.
Strong Filipino consumer spending is boosting Ayala Land’s mall business, which is observing early signs of growth momentum amid an aggressive P13-billion program to renovate key shopping malls in Metro Manila and Cebu.