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This guide to Philippines explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.
SM Retail is the market leading grocery retailer in the Philippines, we review its strategic priorities and growth prospects over the next five years.
One of the most common questions I get asked by businesses, is how will my market develop over the next few years. While there remains uncertainty over what the next 12 months will look like, there is a strong sense of optimism that 2021 will be a year to rebuild, but also capitalise on the opportunities that have arisen in the ‘new normal’ across Asia. With this in mind, we have identified five new themes that we expect to shape the Asian market and influence retail strategy in 2021 and beyond...
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