MANILA, Philippines — Villar-owned AllHome, a one-stop full-line home center operating 55 stores nationwide, saw a spike in furniture sales, a trend seen across the home improvement industry.
Citing data from Euromonitor International, which is projecting a nine-percent CAGR (compounded annual growth rate) for furniture and homeware, AllHome said home-bound Filipinos are paying closer attention to adjusting their spaces under the new normal and work-from-home setups.
“More than providing them comprehensive convenience in a single store, we want to open up their minds to all of the possibilities available to them when they furnish their homes,” said AllHome vice chairman Camille Villar.