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“We now see the resurgence of high-density retail segments such as family entertainment centers, and this should result in greater traffic in Cebu malls,” said Joey Roi Bondoc, associate director and head of Research for Colliers. They suggested that local mall operators to curate retail mixes, establish future-proof high-density retail, and utilize activity centers.
While experts expressed optimism over a sustained improvement in the Philippines’ retail sector, they continue to caution players of prevailing threats and challenges.
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