NELSON J. DINIO
The local retail scene has never been as competitive as today. It currently accounts for about one-fifth of our country’s total economic output, having been ranked 16th among the developing economies on A.T. Kearney’s 2016 Global Retail Development Index (from rank 24th in 2015). The industry is also continuously being forecast to have a stable to positive growth outlook in the coming years until 2020.