Predicting the next big hit: Packworks leverages AI to forecast future trends in sari-sari stores

27 June 2023 – Packworks, a local startup that provides a business-to-business (B2B) open platform to sari-sari stores, is riding the wave of artificial intelligence (AI) and machine learning to help sari-sari stores across the Philippines make informed decisions in stocking their shelves. (more…)

Retail and E-Commerce Summit Asia

Retail & E-commerce Summit Asia has been thoughtfully designed and curated to explore and exchange the latest thinking about interactive action-packed strategies on how to scale profitable e-commerce businesses. This 2-day strategy meeting will see the coming together of retail and e-commerce personalities, innovative founders, and revolutionaries from trailblazing brands in the Philippines.

Be part of rockbird media’s bigger, braver, and bolder 4th edition of our flagship Retail & E-commerce Summit Asia. Back in Manila this 2023, we are set to showcase yet another lineup of top minds from the country’s most innovative and successful retailers. This year’s theme is packed with insightful yet exciting activities as we integrate the RESA event with FIESTA, traditional Filipino festivities, and fun! Experience the RESA FIESTA, the biggest gathering and the most sought-after Festival of Brands in the country!

resa.rockbirdmedia.com/ph

Old habits die hard: New study reveals in-person shopping remains a significant habit despite online shopping boom

Old habits die hard: New study reveals in-person shopping remains a significant habit despite online shopping boom

20 April 2023, Manila, Philippines – In the age where digital shopping carts have seemingly taken over, Filipino shoppers are finding their way back to physical retail stores. But with in-store shopping back on the table, digital shopping habits developed during the pandemic still persist due to significant factors such as price, discounts, and convenience. (more…)

Study finds sari-sari store food items experienced 15.62% inflation in January, 4.4% above PSA data

23 February 2023, Manila, Philippines – Filipino consumers at the local level were still plagued by high prices, as the year-on-year inflation rate for food items (excluding beverages) sold in sari-sari stores (neighborhood stores) reached 15.62% in January, according to the latest research released by Packworks in collaboration with Fourthwall, a sociocultural research firm. The figures obtained from Packworks’ Sari IQ business intelligence tool show Sari-sari store’s inflation rate is 4.4% greater than the official food inflation rate of 11.2% reported by the Philippine Statistics Authority (PSA) in January 2023. (more…)