Tag Archives: Rustan’s

Rustan’s redefines the retail landscape in Cebu

(Source: The Philippine Star, by Millet Martinez-Manaquil | Aug. 9, 2015) The launch of a new Rustan’s in Ayala Center Cebu last Friday, led by their 94-year-old patriarch Bienvenido Tantoco Sr., is not just about the Tantocos opening their signature elegant department store that redefines retailing in Cebu, acclaimed as the crown jewel of the south. It also signifies the belief ...

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Experts bullish about Rustan’s takeover of Adora

(Source: Philippine Daily Inquirer, by Cheche V. Moral | July 31, 2015) Rustan’s’ acquisition of the department store Adora, which caught many by surprise, could be a win-win situation for subsidiaries of the luxury retail corporation, according to a business analyst. Last May, the Tantoco family, which owns Rustan’s, announced that it was bringing Adora into the fold, an idea ...

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Rustan’s pursues moderate expansion

(Source: Richmond S. Mercurio, The Philippine Star | June 22, 2015) The Tantoco family, the king of luxury retailing in the Philippines, is pursuing a moderate expansion path unlike other retailers in the country but is joining the competition when it comes to going after smaller family-owned retail chains. In an interview, Rustan Commercial Corp. president Bienvenido V. Tantoco III told ...

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