Due to the pandemic, people shifted to on line shopping, because of prohibition in malls, stay at home and many more rules. Online shopping grew and retail giant mall operator Ayala wisely bought into Zalora
Bricks and mortar store giants: SM, Family Mart, Alfa Mart, and lately Dali ate into sari sari store market share, these on line stores are eating into the bricks and mortar sale.
E commerce is likely to be the future of retail in the Philippines (and possibly ASEAN. In the US there is a torrent of retail closure due to on line shopping. Could this development trigger similar events in the Philippine?
See how these companies are establishing huge distribution hubs and infrastructures. See how they have built massive Head Office
Questions:
1. Will sari sari sari stores go the way of dinosaurs? What must do in order to survive?
2. Are bricks and mortar retail stores sustainable? What must be their offensive and defensive move?
