Tag Archives: Robinsons Retail

Robinsons Retail goes into online grocery delivery

HappyFresh

(Source: The Philippine Star | 17 May 2016) Robinsons Retail Holdings Inc. is venturing into online grocery delivery service through a partnership with HappyFresh Philippines. With the partnership launched last Sunday, Robinsons Retail said customers can now make an order from within a five-kilometer radius of 20 selected Robinsons Supermarket branches in Metro Manila. The listed retailer of the Gokongwei ...

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John Gokongwei Jr steps down as Robinsons Retail chief

Richest-Filipino-John-Gokongwei-Jr

(Source: ABS-CBN News | 22 March 2016) Tycoon John Gokongwei Jr. is taking a step back from his business empire, turning over more control to his son Lance Gokongwei. Gokongwei promised last year he would retire once he hit 90 years old. His birthday isn’t until August 11, but he is already letting go of Robinsons Retail Holdings Inc. (RRHI), ...

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Robinsons Retail rides greater margins to 13% profit rise

robinsons

(Source: Business World | Nov. 13, 2015)   Higher sales and margin improvements lifted the earnings of Robinsons Retail Holdings, Inc. in the third quarter. The Gokongwei-led multi-format retailer said in a disclosure that net profit attributable to equity holders jumped 13.4% to P1.11 billion in the July to September period. This pushed nine-month net profit up 26.7% to P2.97 billion. ...

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Robinsons Retail buys Saver’s Appliance owner

saversappliancedepot

(Source: Business World | September 1, 2015) Robinsons Retail Holdings, Inc. (RRHI) has secured a controlling stake in a 24-strong consumer electronics and appliance retail chain, giving it access to more markets outside the Philippine capital to as far as the Cagayan Valley. The Gokongwei-led multi-format retailer told the stock exchange yesterday it acquired 90% of Savers Electronic World, Inc., which ...

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Robinsons spending P6B to ramp up retail expansion

robinsons

(Source: The Philippine Star, by Richmond Mercurio | Aug. 17, 2015)   Robinsons Retail Holdings Inc., the retail arm of the Gokongwei family, plans to spend another P6 billion next year to ramp up expansion of its network across all store formats and fully utilize the increasing spending power of Filipino consumers. In an interview, Robinsons Retail president Robina Gokongwei-Pe ...

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Daiso Wins Manila court battle

Daiso-Japan

(Source: Inside Retail Asia | August 5, 2015) Japanese discount retailer Daiso has won the right to use its name in the Philippines after a hearing in the Supreme Court. In a final ruling just issued, the court has blocked Filipino company Japan Home Center from using the trademark Daiso, confirming an earlier ruling by the Court of Appeals. The ...

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Robinsons Retail sells P1.3-b shares

robinsons

(By Jenniffer B. Austria | Dec. 09, 2014 | Manila Standard Today) Robinsons Retail Holdings Inc. of retail tycoon John Gokongwei has raised P1.3 billion from the sale of treasury shares. Robinsons Retail said in a disclosure to the stock exchange it sold the entire 18.971 million treasury shares at P69 apiece via block sale to Robinsons Handyman Inc. chairman ...

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