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In April 2024, the number of stores increased to 630 (all in Luzon), with plans have a total of 950 stores by the end of the year. [ 8 ] In July 2024, Hard Discount Philippines Inc. (HDPI) reported cumulative losses of ₱ 3.26 billion over three years since opening its first store in the Philippines, according to a financial statement filed ...
Consignment store (Chinese: 格仔鋪) is a transformation of flea market, [1] which sets up many transparent boxes in a small shop for people to rent and sell their products. The renters can also treat the boxes as showrooms and display their products or artworks there.
Sari-sari stores typically operate with a low markup, averaging 10%, compared to 20% for convenience stores like 7-Eleven. This makes them a popular choice for Filipinos. Although prices may be higher than those in supermarkets, sari-sari stores offer convenient access to basic commodities, especially in rural areas where larger markets are scarce.
Consignment is a process whereby a person gives permission to another party to take care of their property and retains full ownership of the property until the item is sold to the final buyer. [1] It is generally done during auctions, shipping, goods transfer, or putting something up for sale in a consignment store. [2]
At that same year, they had 24 stores with 500,000 customers served every day. [12] They also introduce ECPay, an electronic payment to their branches nationwide. [13] The company continued to expand in more provinces, even reaching Luzon. In addition to the expansion, Kapatagan, Lanao del Norte branch was opened on October 7, 2018. [citation ...
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The National Confederation of Cooperatives (NATCCO) was organized by credit union pioneers in the Philippines who believed that the task of co-op development lies primarily in the hands of the private sector. As early as the 1950s to 70s, co-op sector leaders were aware that in order to succeed they could not rely on government alone.
While well-preserved vintage consoles can sell for anywhere from $100 to $500, rare editions that include games like “Air Raid,” “Frogger,” and “Donkey Kong” can command much higher ...