{"id":7394,"date":"2022-11-18T09:00:00","date_gmt":"2022-11-18T01:00:00","guid":{"rendered":"https:\/\/blog.ninjavan.co\/en-ph\/?p=7394"},"modified":"2022-12-15T16:26:50","modified_gmt":"2022-12-15T08:26:50","slug":"business-brief-nov-18-2022","status":"publish","type":"post","link":"https:\/\/blog.ninjavan.co\/en-ph\/business-brief-nov-18-2022\/","title":{"rendered":"Business Brief: Consumers Go Back to Malls, Retail Shopping for Holidays"},"content":{"rendered":"\n

It’s the end of another week of Todo Hustle for your business. Check out the top business and ecommerce news you may have missed this week.<\/em><\/p>\n\n\n\n

Anticipating holiday spending: Malls, retailers cash in as consumer traffic rises<\/h2>\n\n\n\n

FILIPINO consumers\u2019 propensity to shop and visit brick-and-mortar malls is starting to rebound. A Colliers study says there is now a resurgence of high-density retail segments, such as family entertainment centers, which would result in greater traffic in malls.<\/p>\n\n\n\n

Many mall operators are reporting that consumer traffic is starting to return to 2019 levels. Colliers sees holiday-induced spending further propping up the sector and supporting a slight rise in rents through end-2022. <\/p>\n\n\n\n

Full details on Business World Online<\/a><\/em><\/p>\n\n\n\n

Ecommerce will continue to drive PHL Economy<\/h2>\n\n\n\n

NINJA VAN’s Chief Commercial Officer, Sabina Lopez-Vergara<\/strong>, shares that despite economic uncertainties, Southeast Asia is still seen as a growth market, and people’s purchasing power is expected to increase.<\/p>\n\n\n\n

Even as consumers are returning to malls and retail shopping, she says more businesses will continue to go online as they see that it’s a positive revenue stream for them. Especially with more dynamic ecommerce platforms now powering the market, like TikTok Shop<\/a>.<\/p>\n\n\n\n

See Sabina Lopez-Vergara’s full interview with One News below:<\/em><\/p>\n\n\n\n

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