"Philippines Retail Report Q3 2016" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Mon Jun 13 2016

We expect the Philippines to sustain its strong GDP growth rate throughout 2016 and into 2017 on the back of robust private consumption. Inward remittances will remain high as the number of Filipinos working overseas continues to climb while income levels will continue to improve, particularly in the country's urban areas. Despite this, the vast majority of spending will remain concentrated on essential goods and services, with food & drink consuming more than a third of the household budget.

Key Trends & Developments

Japanese fashion retailer Uniqlo will open six stores in Luzon and Visayas by June 2016.

At the end of February 2016, international clothing brand American Eagle Outfitters opened its first Philippine mall outlet at SM Seaside City in South Rd Properties, Cebu, bringing the total outlets within the country to 11.

Full Report Details at
- http://www.fastmr.com/prod/1182872_philippines_retail_report_q3.aspx?afid=301

In March 2016 Jakarta-based HappyFresh announced it will be bringing its online grocery store service to the Philippine market by the second quarter of 2016.

In April 2016, Japanese convenience store brand Lawson opened their 20th shop in the Philippines as part of their continued expansion.

In April 2016 the world's largest e-commerce company Alibaba acquired a controlling interest in South East Asia's largest online department store, Lazada.

The Philippines Retail Report has been researched at source and features BMI Research's independent assessment and forecasts for the retail sector. The report examines key drivers of retail sales growth and future prospects, including consumer spending and private sector investment.

BMI's Philippines Retail Report also examines the level of development and potential for growth of the retail sector, the commercial initiatives of major players, changing consumer demographics that influence demand and the regulatory environment. Key sub-sectors include mass grocery retail, autos, over-the-counter pharmaceuticals, computers and consumer electronics.

Key Benefits
Benchmark BMI's independent retail industry forecasts for Philippines to test other views - a key input for successful budgeting and strategic business planning in the Philippine retail market.
Target business opportunities and risks in Philippines through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.


BMI Industry View

Summary of BMI’s key forecasts and industry analysis, plus a discussion of major industry developments and a snapshot of key short-term demand-driving macroeconomic movements.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the retail sector and within the broader political, economic and business environment.

BMI Industry Forecasts

There are four separate 5-year forecast modules in the retail reports. These are:

About Fast Market Research

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For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Malaysia Retail Report Q3 2016
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- Czech Republic Retail Report Q3 2016
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- Brazil Retail Report Q3 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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