Tag Archives: Robinsons

First Go Lokal! store opens in Robinsons Place Manila

(Photo from: Outoftownblog.com)

(Source: Manila Bulletin | 28 March 2017) Robinsons Department Store, in partnership with the Department of Trade and Industry (DTI) opens the first Go Lokal! store in Robinsons Place Manila. Robinsons Department Store, an affiliate of Robinsons Retail Holdings Inc., is the first mainstream outlet to launch Go Lokal!, a public-private collaboration between DTI and local retailer partners that aims ...

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Robinsons Retail income up on expansion, acquisitions

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(ABS-CBN News | 20 March 2017) Robinsons Retail Holdings Inc., the retail holding company of the Gokongwei group, said its net income in 2016 grew 11.6 percent to P4.85 billion from P4.34 billion in 2015 on aggressive store expansion and recent acquisitions. RRHI in a disclosure to the stock exchange said 2016 consolidated revenues jumped 15.9 percent to P105.3 billion ...

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RLC completes Ilocos mall expansion

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(Source: Philippine Daily Inquirer | 4 July 2016) Gokongwei-led Robinsons Land Corp. has nearly tripled the footprint of its pioneering shopping mall in San Nicolas, Ilocos Norte, betting on rising affluence among Ilocano consumers. RLC announced on Monday the opening of a new lifestyle wing and business process outsourcing (BPO) offices in Robinsons Place Ilocos, bringing the gross leasable area ...

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Robinsons Retail plans P5 billion ($106m) store roll-out

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(Source: Inside Retail Asia | 2 May 2016) The company’s planned capital expenditures in 2016 is a 59 per cent increase from the P3.1 billion it spent in 2015. Robinsons Retail said expects to reach more than 200 stores in 2016 and would continue to explore merger and acquisition opportunities. “We have also gotten into a good start this 2016 ...

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Gokongwei-Pe, Sy-Coson on Forbes Asia list of top businesswoman

POWER BUSINESSWOMEN. Teresita Sy-Coson (left), daughter of Henry Sy, and Robina Gokongwei-Pe (right), daughter of John Gokongwei Jr, are among Forbes Asia's most powerful businesswomen

(Source: Rappler | 7 April 2016) Robina Gokongwei-Pe and Teresita Sy-Coson, scions of two of the country’s richest men, are among the 50 women on Forbes Asia’s Power Businesswomen 2016 list. This is the first time Gokongwei-Pe has been included on the elite list since its inception in 2012. Ranking 17th, she was cited for making Robinsons Retail Holdings the ...

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Robinsons full-year profit jumps 22%

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(Source: Philippine Daily Inquirer | 31 March 2016) Robinsons Retail Holdings Inc. said profit rose 21.9 percent to P4.34 billion in 2015, as more stores brought in the sales. In a stock exchange filing Wednesday, Robinsons Retail said in the fourth quarter alone, consolidated net income attributable to equity holders of the parent company grew 12.7 percent to P1.37 billion. ...

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John Gokongwei Jr steps down as Robinsons Retail chief

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(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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Top retailers going full blast on mall expansion

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(Source: The Philippine Star,  by Iris C. Gonzales | Aug. 24, 2015) The country’s top three retailers, Ayala Land Inc., SM Prime and Robinsons Land, are expected to launch more shopping malls and account for the bulk of the new retail space this year through 2018 on the back of rising incomes. “By 2018, total pipeline is estimated to be ...

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Robinsons Retail to open two community malls a year till 2020

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(Source: Krista A. M. Montealegre, Business World | Jul 19, 2015) Multi- format retailer Robinsons Retail Holdings, Inc. (RRHI) is expanding its community mall chain with a plan to open at least two Robinsons Townville every year through 2020, an official of the Gokongwei-led company said. “We plan to open two a year [in the next five years],” RRHI President ...

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Robinsons Land Corporation Rolls Out the Red Carpet Retail Experience in Cebu with the Opening of Robinsons Galleria Cebu

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(Source: Robinsons Land Corporation | June 2015) “He who does not know how to look back at where he came from will never get to his destination,” the words of the national hero, Jose Rizal, inspired the country’s leading property developer Robinsons Land Corporation founder John Gokongwei to retrace his humble roots in creating its most ambitious project to date. ...

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