#retailing — Public Fediverse posts

Rockwell Raises Stake In Alabang With P6.2 Billion Deal

Rockwell Land Corporation – the developer of Rockwell Center in Makati – strengthened its ownership of Alabang Town Center (ATC) by sealing a P6.2 billion deal with the Madrigal family to acquire the remaining stake in the mall operator Alabang Commercial Corp. (ACC), according to a news report by the Manila Bulletin. The ATC will be redeveloped over a number of several years.

For previous developments about Rockwell and its acquisition related to ATC and ACC, click here, here and here.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

Lopez-led Rockwell Land Corp. expanded its ownership of Alabang Town Center (ATC) to near-total control after striking a ₱6.2 billion agreement with the Madrigal family to acquire an additional 22.96 percent stake in the property’s operating entity.

In a disclosure filed with the Philippine Stock Exchange on Thursday, July 30, the property developer said it executed share purchase agreements with the majority of the remaining shareholders of Alabang Commercial Corp. (ACC)

The transaction elevates Rockwell’s total equity interest in ACC from 76.3 percent to 99.26 percent, cementing its operational dominance over the 17.5-hectare prime estate in Alabang, Muntinlupa.

The move allows Rockwell to execute an ambitious and decade-long master plan designed to modernize the suburban retail and lifestyle landmark. Following the acquisition, the company confirmed that preliminary planning is already underway. To lead the redesign, Rockwell has engaged Uruguayan-Canadian architect Carlos Ott—renowned internationally for iconic modern landmarks—alongside local architect Jun Rodriguez of PRSP.

The immediate priorities over the next two years will center on foundational operational upgrades, specifically focusing on expanding parking capacity, optimizing traffic circulation, and recalibrating the commercial tenant mix to boost retail performance.

Over a five- to 10-year horizon, Rockwell’s broader vision aims to preserve the site’s original suburban character while modernizing the venue into a high-density, experiential lifestyle and retail hub.

The deal reinforces Rockwell’s growth trajectory in 2026, building upon operational milestones across its residential, commercial, and hospitality portfolios.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Alabang or if you usually visit the Alabang Town Center every week, what do you feel about Rockwell’s redevelopment plans of the decades-old, high-end property? Have your favorite stores or restaurants at ATC already stopped operating recently? What do you hope to see in the ATC as the redevelopment happens over the next several years? Do you think Rockwell’s presence in Alabang will alter the entire business environment in Muntinlupa City?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Photograph - Baker & Rouse Ltd, Store Exterior, Brisbane, 1895

Black and white block mounted photograph of the Baker & Rouse Ltd store in Brisbane, taken 1895. It is one of eight black and white mounted photographs of Kodak Australasia Pty Ltd building exteriors and shop fronts in Australia and New Zealand from the late 19th, early 20th century, kept by Kodak Australasia Pty Ltd in their corporate record. ...
Museums Victoria via DigitalNZ

http://api.digitalnz.org/records/38025811/source

#Photography #Industry #Manufacturing #PhotographicProducts #Retailing #Shops #RetailDisplays #RetailSales #Buildings #Shopfronts #Cameras #Streetscapes #History #WorkingLife #ShopExteriors #Photograph #Museum

Jake Sherman: "Amazon will start displaying how much of an item’s cost is derived from tariffs – right next to the product’s total listed price." '#retailing #GoodIdea #politics #economy #Trump

The local independent consistently has the best and cheapest onions and garlic in the area.

But it's butternut squash and carrots are downright manky compared with Lidl and twice the price.

Why?

Clearly, I do not understand modern #grocery #retailing.

#shoping #veg #food

' Alec Karakatsanis, a civil rights lawyer who has studied and critiqued how the media has covered organized retail crime, said that the retraction underscored how some news organizations, which have extensively covered the issue of shoplifting, were “used as a tool by certain vested interests to gin up a lot of fear about this issue when, in fact, it was pretty clear all along that the facts didn’t add up.” '

#retailing #crime #OrganizedShoplifting #BadJournalism

https://www.nytimes.com/2023/12/08/business/organized-shoplifting-retail-crime-theft-retraction.html?embedded_webview=true

Off-price retail is booming, but it's not without challenges. @supergraf discusses the ins and outs with BFL Group's Toufic Kreidieh. Get insights from the pros on #CommerceTalks: https://t.co/NgbtADnNh5 #SeamlessDXB #ecommerce #retailing https://t.co/rnZm6AS9jq

Imagine same-day delivery for B2B wholesale. José Manuel Esparza and his team at Dupplo made it a reality in Mexico. Discover how, in a deep-dive with @supergraf on #CommerceTalks: https://t.co/PZtrNDtO5W #ecommerce #digitaltransformation #B2B #retailing https://t.co/8Wn9WK3FHb

Retailers, wholesalers, and distributors are facing unprecedented challenges to remain competitive. Spryker can help your business stay on top: https://t.co/TSZ6W1SlR2

#wholesale #retailing @sprysys https://t.co/DIHWZQafsA

🛒 🥝 Discover the evolution of Online Grocery shopping in Australia and how to win the race against the grocery giants:
👉 https://t.co/RM5aZrxtNr

#composablecommerce #digitalcommerce #retailing #trends @sprysys @CGourvelos @AWS https://t.co/eafLVsADZP