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This in-depth guide to the Philippines explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

SM Retail is the market leading grocery retailer in the Philippines, we review its strategic priorities and growth prospects over the next five years.

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The Philippines’ SM Investments has announced 2019 H1 results, achieving 14% year-on-year growth in the first half year, its retail business up by 13%.

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The Philippines’ SM Investments has announced 2019 H1 results, achieving 14% year-on-year growth in the first half year, its retail business up by 13%. Retail revenue reaching PHP169.8bn The group’s retail business, SM Retail, saw revenues up by 13% to PHP169.8bn and net income reached PHP5.7bn. Excluding the adjustments due to the adoption of Philippine Financial Reporting Standards (PFRS)...
SM Retail has announced Q1 results for the period ending 31 March 2019, with total revenue up 13% to PHP79.0bn. Food revenue up 17% to PHP41.8bn The food side of the business continued to see strong growth during the period, driven by positive like-for like sales in existing stores, as well as the opening of 1 SM Supermarket, 1 Savemore and 52 Alfamart stores. Although the retailer didn't o...
SM Retail and A.S. Watson’s joint venture, Watsons, will open 100 new stores in the Philippines this year. Opening community-based stores Of the 100 planned new stores, 80% will be community-based stores. The aim is to provide greater accessibility to shoppers as it recognises that not all shoppers go to malls. These stores will be approx. 200 sq m, with three quarters of the space used as ...
After 180 stores opened this year, more are planned in 2019. Continue to make inroads Indonesian mini-market operator, Alfamart, proposes to open 200 new stores in the Philippines in 2019. Alfamart currently has more than 500 stores in the country, located mainly in residential areas. The new planned stores will bring Alfamart’s Philippine store network to more than 700 by end of 2019. S...

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