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Retail Asia11/05/2021

Woolworths has partnered with the Philippines retail group Robinsons to launch a range of more than 150 products in the Southeast Asian country. Filipinos now can buy products from popular Australian brands, including milk, wine, honey, cereals, and baby food at Shopwise, The Marketplace, and selected Robinsons Supermarket branches. “It has always been our thrust […]

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Retail Asia28/01/2021

Ace Hardware Corporation, the world’s largest retailer-owned hardware cooperative, announced today that Jay Heubner, President and General Manager of Ace International will retire March 1, 2021 after 38 years with the company. Heubner joined Ace Hardware in 1983 in the IT department and quickly rose up through the organization to become a director. In 2004, […]

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Retail Asia02/11/2020

Singapore’s department store Robinsons is closing its last two brick-and-mortar outlets, ending an era dating back 162 years. The business has been placed into liquidation effective today. Robinsons had already closed its Jem Mall store just a few months ago. Now the 186,000sqft, six-storey flagship at The Heeren which opened in 2013 and the other […]

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Retail Asia07/05/2020

Singapore department store Robinsons is to close its store in Jem mall in what it terms an “amicable exit” after negotiations with landlord, Lendlease. The Robinsons Jem store will close by the end of August, leaving the Al-Futtaim Group-owned retailer with just two remaining stores in the city-state, at The Heeren on Orchard Road and […]

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Retail Asia20/03/2020

Singaporean department-store chain Robinsons may close one of its locations in Kuala Lumpur before its lease expires due to lackluster performance. The store launched a four-story 20,000sqft space in The Shoppes in Four Seasons Place less than two years ago, which has failed to live up to the firm’s expectations in terms of footfall. Its […]

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Retail Asia05/03/2020

Robinsons Retail has reported a 25-per-cent profit drop to US$75.2 million (PHP3.83 billion) last year and $18.8 million in the fourth quarter. However, net sales rose 22.8 percent to $3.2 billion for the full year driven by same-store sales growth of 3.4 percent. It was the first full year including the consolidation of Rustan Supercenters. […]

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Retail Asia19/02/2020

Singapore-headquartered department-store chain Robinsons has built a 120,000-strong loyalty program database in just 18 months using an app-based solution. The program, called R, is signing up new customers every day through interactions with customers of the company’s five stores in Singapore and Malaysia. The 161-year-old department store has reinvented its customer relationship strategy since teaming […]

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Retail Asia15/11/2019

Robinsons Retail reported a drop in profits during its third-quarter despite significant growth in net sales. The firm booked PHP1.25 billion (US$24.7 million) net income compared to PHP1.39 billion ($27.4 million) during the same period last year. The decline is thought to be due to changes in the Philippine Financial Reporting Standard 16, which had […]

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Retail Asia25/07/2019

Robinsons Retail is looking to shrink its fashion business as competition with cheaper chains gets tougher. “We are shrinking fashion, for it has become very difficult,” said the firm’s CEO Gokongwei-Pe. “There are other brands that came in who are more progressive and cheaper. We are already reducing the number of stores and we have […]

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Retail Asia27/05/2019

Robinsons Retail Holdings will launch up to 150 new stores in the Philippines this year. The firm published a presentation online revealing plans to invest PHP3–5 billion (US$57.8–96.3 million) on the store openings, following expenditure of PHP4.41 billion ($85 million) on openings last year. As at December, it had 1910 stores, including supermarkets, department stores, […]

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Retail Asia30/05/2018

Robinsons Malls has strengthened its presence in the Visayas region with the opening of Robinsons Place Ormoc, a three-level, full-service mall in Ormoc City. It offers a variety of national and global brands along with the chains of Daiso Japan, Handyman, Robinsons Department Store and Robinsons Supermarket. Its products and services extend to health and […]

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Retail Asia28/03/2018

Multi-format retailer Robinsons Retail Holdings is spending PHP18 billion (US$343 million) to acquire Dairy Farm’s Rustan’s Supercenters, which operates the upmarket Rustan’s department stores. Owned by the Gokongwei family, Robinsons Retail has more than 3500 retail outlets including supermarkets, department stores, drugstores, international fashion and beauty, and specialty coffee shops. Rustans is 100 per cent […]

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Retail Asia27/12/2017

Robinsons Retail Holdings., in partnership with PayMaya Philippines, is now enabling mall-goers to do quick and seamless digital transactions through PayMaya QR, as Robinsons Galleria in Ortigas is now among the first shopping malls in the country to deploy the cashless payments technology. The merchants who are now accepting PayMaya QR payments in Robinsons Galleria […]

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Retail Asia15/12/2017

Multi-format retailer Robinsons Retail Holdings has acquired a 20 per cent stake in Taste Central Curators, which runs Filipino e-commerce site BeautyMNL. Robinsons Retail has taken 1 million shares of the online store, which sells a range of beauty products including makeup, skincare and haircare. Financial details of the deal have not been disclosed as […]

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Retail Asia22/11/2017

While the US formulated online super sales, such as this week’s Black Friday, Asia has adopted the concept with a vengeance. In fact, China has increasingly been exporting Alibaba’s Singles Day (11.11) event, which this month racked up a massive US$35 billion in sales. November is the favoured month for this new consumer mania, offering […]

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Retail Asia16/11/2017

With its expanding store network, Robinsons Retail Holdings (RRHI) has grown its net profit for the first nine months by 5.8 per cent year-on-year to PHP3.49 billion (US$68.2 million). Excluding one-off items and earnings from its 40 per cent stake in Robinsons Bank, RRHI’s core retailing net profit increased by 12.9 per cent to PHP3.12 […]

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Retail Asia11/10/2017

FamilyMart Philippines convenience-store chain, partly owned by the Ayala and Tantoco groups, is up for auction. With about 70 stores, the Japanese chain has been offered to prospective investors in the past few months. Ayala Land and the Rustan’s group, via their equally owned JV firm Sial CVS Retailers, in 2012 signed a deal with […]

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Retail Asia29/03/2017

Robinsons Department Store, in partnership with the Department of Trade and Industry (DTI) opens today 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 to showcase modern and indigenous quality products crafted, designed, and […]

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Retail Asia10/01/2017

There is not enough spending power to support the number of Philippine provincial malls being developed, warns a real estate expert. This follows a “fantastic” year for the property sector during which most major developers opened malls. “Retail has had an incredible expansion in route,” says CEO David Leechiu of Leechiu Property Consultants (LPC) has […]

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Retail Asia27/12/2016

Thailand’s foreign direct investment into Vietnam has been increasing sharply in recent years, according to a survey report by researcher Pittaya Suvakunta from Thailand’s Thammasat University Suvakunta’s report on Thai FDI in Vietnam was circulated at an international conference on Vietnam studies held in Hanoi recently. The researcher cited data from Vietnam’s Ministry of Planning […]

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