Philippine Retailing Newsletters 2018 PRA Newsletter 2018 Q3

OFFICIAL PUBLICATION OF THE PHILIPPINE RETAILERS ASSOCIATION PHILIPPINE WWW.PHILRETAILERS.COM 3RD QUARTER 2018 Global retail experts share latest insights on reinventing retail at the 25th NRCE Over 800 retailers – CEOs, presidents, top level executives – trooped to the SMX Convention Center for the 25 th National Retail Conference and Stores Asia Expo (NRCE)—the biggest and most relevant gathering of retailers in the country—to listen to the latest insights and updates on retail industry from global and local experts last August 9-10, 2018. Globally-recognized author and futurist on retail and e-commerce Wijnand Jongen led the roster of speakers this year as a keynote speaker for Day 1. He gave insights on the “End of Online Shopping” and detailed how the consumer behavior and technology are shaping the current retail landscape worldwide. Convenience stores lead growth in small store concepts in PH page 4 He also shared how online and offline retailing can marry seamlessly to serve 25 TH NATIONAL RETAIL the consumers’ CONFERENCE & STORES needs. Jongen is ASIA EXPO 2018 the co-founder REINVENTING RETAIL and Chairman of the Executive Committee of Ecommerce Europe, the European umbrella organization with more than 75,000 merchants and author of the best- selling book—The End of Online Shopping. Newly-appointed Tourism Secretary Bernadette Romulo- Puyat also served as keynote speaker on the first day who shared how retail is a vital aspect and driver of the local tourism industry. New PRA board of directors elected for term 2018-2020 US Supreme Court enables states to collect taxes on online sales Wilcon Depot’s Rosemarie B. Ong is the new PRA President page 7 The PRA recently welcomed a new set of Board Directors for the term 2018- 2020 during its 2nd Quarter General Membership meeting & elections held at EDSA Shangri-La Manila, Mandaluyong City. page 2 How Disruption Can Fuel brand Growth page 15 page 2