(Source: Manila Bulletin | May 29, 2018) Robinsons Retail Holdings, Inc., a member of the Gokongwei group of companies, is allotting P3.5 billion from capital expenditures this year from P3.1 billion in 2017 as it continues to expand the store networks of its various brands. In an interview after the firm’s annual stockholders’ meeting, Robinsons Retail President Robina Gokongwei-Pe said the ...Read More »
Tag Archives: Robinsons Retail Holdings Inc.
(Source: Business Mirror | March 26, 2018) Robinsons Retail Holdings Inc. (RRHI) said its core income rose 13 percent last year on stronger sales, despite the higher base due to the 2016 elections. RRHI, the retail arm of the Gokongwei family that’s also buying Rustan’s group’s grocery business, said its income hit P4.7 billion last year, from P4.1 billion in ...Read More »
(Source: Business World | March 19, 2018) The Philippine unit of retailer Toys ‘R’ Us will continue operations even after store closures in the United States, where the American company filed for bankruptcy. “It is business as usual for Toys ‘R’ Us Philippines. The Philippine operations is profitable and so is the operations of Toys ‘R’ Us Asia where Toys ‘R’ ...Read More »
(Source: Inquirer.net | December 14, 2017) Gokongwei-led Robinsons Retail Holdings Inc. (RRHI) has acquired a 20-percent stake in the company that operates e-commerce site BeautyMNL, a leading local online retailer of personal care and beauty products. RRHI told the Philippine Stock Exchange that it had bought 20 percent of Taste Central Curators Inc., operator of BeautyMNL. This was meant to ...Read More »
(Source: ABS-CBN News | 14 November 2016) Robinsons Retail Holdings Inc. said Monday net income attributable to shareholders grew 11.1 percent to P3.3 billion in the first nine months of the year. The company said the growth was driven by robust same store sales growth, sales contribution of new stores, and sales from Savers Appliances and The Generics Pharmacy. Net ...Read More »
(Source: Philippine Daily Inquirer | 25 August 2016) Homegrown fast-food giant Jollibee Foods Corp., grocery chain operator Puregold Price Club and multi-format retailer Robinsons Retail made it to Forbes Asia magazine’s “Fabulous 50” List of the region’s best publicly traded big companies. These three Philippine companies are part of the 2016 annual honor roll highlighting some of the brightest stars in ...Read More »
(Source: Philippine Daily Inquirer | 17 May 2016) Gokongwei-led retailer Robinsons Retail Holdings Inc. has acquired a majority stake in the country’s largest generics drugstore chain The Generics Pharmacy (TGP) from the Liuson family. In a disclosure to the Philippine Stock Exchange on Tuesday, RRHI said it had acquired a 51 percent stake in TGP, which has over 1,800 stores ...Read More »