Philippine Retailing Newsletters 2018 PRA Newsletter 2018 Q3 | Page 2

Cover Story PHILIPPINE RETAILING FROM PAGE 1... Global retail experts share... fashion brand while being a fair and equal company. Central Pattana Deputy CEO Ms. Wallaya Chirathivat set the tone of the conference on Day 2. She shared insights on the changing role of malls from being a place to shop into becoming a destination, where people do not only buy stuff, but gain experiences as well. Central Pattana is Thailand’s largest retail property development and investment company. Homegrown telecommunications and digital services giants PLDT Enterprise and Globe Business inspired retailers through their presentations “Fearless in the Mobile Retail Era” and “Enabling Retail Transformation” respectively. Chirathivat’s talk was followed by Mr. Massimo Volpe, Chairman of the Forum for International Retail Association Executives (FIRAE) who discussed the “Global State of Retailing” including the latest trends in retailing in various parts of the world. Anchored on this year’s theme Reinventing Retail, PRA President Rosemarie Ong called on the delegates to revamp their strategies to keep up with the times and stay ahead of the game. “With all the challenges the brick and mortar stores face today, especially from the emergence of the online digital retail channels, it is now time for retailers to step up the ante in their business. Keep up with the pace of the industry and create strategies to meet the current consumer demands, as well as achieve a perennial advantage in an increasingly demanding industry,” she said during her welcome address. Talks on Retail Reinvention Strategies from Experts Latest reports on the current retail landscape and the future of the industry were discussed during the two-day conference with inputs from global research companies Kantar Millward Brown (Philippines) which shared tips on achieving brand growth and resilience through meaningful disruptions and Euromonitor International which shared insights on the drivers of the new consumer trends and mindset. An insightful talk on sustainability was discussed by H&M Singapore Sustainability Manager Xin Yi Wong who shared the efforts of the global fashion brand in leading and changing into a circular and renewable While Business Works’ Consultant and Stylist Nika Diwa gave tips on how companies can build their brands and tell their story and artist and Dream Big (Spain) CEO Juan de Lascurain gave an inspiring talk on dreaming big and following one’s dream. Amazon Web Services’ Santanu Dutt shared innovations at Amazon, while JDA Software’s Lee Gill talked about the global perspective of retail transformation. TaskUs also shared their company’s culture and their goal of delivering the best customer service. Two lively and inspiring panel discussions also took place, on Day 1 focusing on the role of leisure and entertainment in transforming the retail landscape in the country, with panelists including some of the country’s biggest entertainment providers such as giant TV network ABS-CBN, family amusement arcade center Timezone, Viu Philippines which offers Korean dramas, variety shows and other Asian programs thru their website and app, and indoor play city for kids, Kidzania. The second day featured successful women in retail including Wilcon Depot President and CEO Lorraine Belo-Cincochan, AllValue President Camille Villar, Oryspa CEO Sherill Quintana, DMark Beauty CEO Nikki Tang, and Echostore Sustainable Lifestyle and Great Women co-founder Jeannie Javelosa, who shared their insights and experience as women in retail leadership. Delegates Flocked Breakout Sessions Due to the success of the Breakout Session on Supermarket Track last year, the NRCE has brought back the breakout session on Supermarket Track, which again received a wide audience. Topics FROM PAGE 1... New PRA board of directors elected This term’s Board consists of 14 reelected directors and a new addition to the Board in the person of Bench’s Chairman Ben Chan. The 15 newly elected directors are Bench’s Ben Chan, Blim’s Lifestyle Group’s Samie Lim, Central Books’ Ma. Alegria S. Limjoco, Cinderella’s Arthur G. Coronel, CMG Retail Inc.’s Chan Kok Bin, Ace Hardware’s Lorenzo C. Formoso, Mercury Drug’s Vivian Que Azcona, Penshoppe’s Bernie H. Liu, Picture City’s Paul A. Santos, Robinsons Recreation’s Frederick D. Go, Rustans’ Bienvenido V. Tantoco III, SM Retail Inc.’s Jorge T. Mendiola, Sportshouse’s Mars C. Chua, Toby’s Sports’ Roberto S. Claudio, and Wilcon Depot’s Rosemarie B. Ong. Among the Board of Directors, Ms. Rosemarie B. Ong SEVP-COO of Wilcon Depot, was voted as the new PRA President while past president Atty. Paul A. Santos was named as the new PRA Chairman. 2 3RD QUARTER 2018 included are megatrends in supermarket, unmanned supermarket-Bingobox, retail transformation in Europe, and digital transformation real world example. New this year is the Digital Transformation Track, which also received great interest from NRCE delegates. Topics included are using social media to drive e-commerce conversions, analytics for retail, creating new experiences through design thinking, customer service in digital world, and newest technology and concepts in Singapore’s Capitaland. Retail Innovations Featured in the Expo To complement the conference, the Stores Asia Expo featured “tools for global retailing” from over 100 exhibitors offering products and solutions for the retail industry such as Retail Solutions, E-Commerce & M-Commerce, Shop Fittings & Store Design, Digital Marketing, Commercial and Real Estate Developers, Web Developers, Non- traditional Advertising, Financial Services, Storage and Distribution, HR Solutions, and Billboard Locations among others. The Stores Asia Expo, the Expo counterpart of the NRCE is one of the longest running retail suppliers’ expo in Asia, has drawn more than 3,000 visitors and decision makers from the retail and related industries. Talks on the latest innovations in retail also took place at the Retail Learning Lab inside the Expo Hall. “We hope that you take both the conference and the expo as opportunities for you to grow your business allies and networks as well as build valuable partnerships in the industry,” 25th NRCE Overall Chairman and PRA Vice Chairman Frederick Go said during the opening program.