5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Sari-sari stores near schools reach 102,000

by
August 7, 2025
in Stock
0
Sari-sari stores near schools reach 102,000
A vendor sits in a stall selling products in sachet packaging at a public market in Manila, Philippines, Aug. 1, 2019. — REUTERS

MOM-AND-POP stores, also known as sari-sari stores, located near schools have reached 102,058 by June, a study by tech startup Packworks.io showed.

It added that stores within a 400-meter radius of schools grew by 31% to 95,000 last year from 71,000 a year prior.

“This trend reveals a deeper story: in rural regions, these stores are experiencing a significant increase in sales and transaction volume,” it said.

According to Packworks, most sari-sari stores near schools are located in the rural regions, particularly in the Zamboanga Peninsula; Cordillera Administrative Region; northern Mindanao; eastern Visayas; and western Visayas.

Aside from their growing numbers, sari-sari stores also recorded a 130% increase in sales in July last year, coinciding with the beginning of classes on July 29, 2024.

“For the current school season in 2025, stores generated a 71% sales spike in June, with the school year starting on June 16,” Packworks said.

Total sales of school supplies increased by 9% from 2023 to 2024, while the overall gross merchandise value (GMV) last year declined 3% to P1.31 million.

“Our latest findings show that the country’s ‘tingi’ economy extends beyond household commodities to school supplies as well,” said Packworks Chief Data Officer Andoy Montiel.

“The contradiction between the increase in sales transactions and the decrease in the overall GMV between 2023 and 2024 indicates that sari-sari stores, especially those in rural areas, are not just participating in the back-to-school season but strategically adapting to it with a model that works for their communities,” he added.

According to Packworks’ data, pad paper was the top-selling item in sari-sari stores, which had a 7.4% spike in GMV sales from 2023 to 2024.

Other top-selling school products were colored pencils, bond paper, paper glue, and correction tape. — Justine Irish D. Tabile

Previous Post

South Cotabato solar farm to rise

Next Post

EDSA busway rehab eyed this year

Next Post
EDSA busway rehab eyed this year

EDSA busway rehab eyed this year

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Ex-Autonomy CFO Sushovan Hussain launches firm to help ex-offenders find work after US prison term

    Ex-Autonomy CFO Sushovan Hussain launches firm to help ex-offenders find work after US prison term

    August 14, 2025
    Balfour Beatty chief urges Reeves to rethink non-dom tax changes to boost UK investment

    Balfour Beatty chief urges Reeves to rethink non-dom tax changes to boost UK investment

    August 14, 2025
    MPs call for free bus travel for under-22s in England to boost access to jobs and training

    MPs call for free bus travel for under-22s in England to boost access to jobs and training

    August 14, 2025
    2,000 jobs at risk as Claire’s UK enters administration after US parent’s bankruptcy

    2,000 jobs at risk as Claire’s UK enters administration after US parent’s bankruptcy

    August 14, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.