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Off-price is a trading format based on discount pricing, where retailers buy large volumes of branded goods directly from manufacturers and sell them at lower prices. Learn about the characteristic features, quality and product origins, consumer motivation and history of off-price retailing.
A chronological list of major events that occurred in October 2011, from armed conflicts and disasters to politics and sports. See the highlights of the month, such as the Libyan civil war, the Nobel Prizes, and the iPhone 4S launch.
SMBC is a Japanese multinational banking financial services institution and one of the three major megabanks in Japan. It was formed in 2001 by the merger of The Sakura Bank and The Sumitomo Bank, both with origins in the Mitsui and Sumitomo zaibatsu.
Puregold is a Philippine retail company founded by Lucio Co and his wife Susan Co in 1998. It operates over 400 branches of supermarkets, convenience stores, and food service stalls across the country.
The economy of the Philippines is a mixed economy that combines elements of free market and state intervention. It is the 32nd or 28th largest economy in the world by nominal or PPP GDP, and a lower-middle income country with a high human development index.
Caltex is a petroleum brand name of Chevron Corporation used in Asia-Pacific, Middle East, and Southern Africa. It was formerly a joint venture between Chevron and Texaco until 2001, and has a history of acquisitions, partnerships, and expansions since 1936.
Robinsons Supermarket is a Philippine supermarket chain and a division of Robinsons Retail Holdings, Inc. It has 151 branches across the country and offers various products and services.
Terms of trade is the relative price of exports in terms of imports and measures how much imports an economy can get for a unit of exported goods. Learn the history, definition, calculation and limitations of this concept in international trade theory.