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SM Prime is not just a developer and operator of garden-variety malls: it develops whole ‘lifestyle cities’ with residential, office, hotel, convention and entertainment uses integrated with enclosed malls, markets and retail high streets. The specialtyretail group, consisting of 1660 stores, has experienced a same-store sales increase of 6.0
Although many new product companies are finding success selling on Shopify or Amazon, online sales still only represent 20% of all retail sales, whereas offline channels like brick-and-mortar locations, catalog, TV Shopping and Reward and Incentive markets represent 80%. Retail stores is by far the largest retail market segment at $6.5
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