Recent Posts

Philippines mall to start rolling out robots in 2019

Bloomberg The Philippines’ richest man Henry Sy will start rolling out robots next year to help customers navigate his massive shopping malls. Initially three androids will be deployed in the first quarter of 2019 in SM Megamall, the nation’s second-biggest shopping centre, said Steven Tan, chief operating officer for the shopping malls of SM Prime Holdings Inc. The talking bots ...

Read More »

GameStop to sell its AT&T wireless stores for $700mn

Bloomberg GameStop Corp., the video-game retailer, agreed to sell its AT&T wireless stores to Prime Communications LP for $700 million, exiting a business that the company once viewed as a key source of future growth. The sale of Spring Mobile, with 1,289 stores, is expected to close by the end of January, Grapevine, Texas-based GameStop said. Proceeds from the sale ...

Read More »

Retailers stumble into ‘spending’ weekend

Bloomberg Black Friday is increasingly an online shopping event, and that’s not necessarily a good thing for legacy retailers, some of which found themselves falling behind during America’s annual spending spree. Chains have decades of expertise filling stores with mountains of televisions and bathroom towels while coming up with doorbuster deals to lure the masses. But e-commerce isn’t yet the ...

Read More »
Send this to a friend