Robinsons

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Retail Asia08/11/2016

After 174 years, John Little is closing its last department store in Singapore. The remaining outlet at Plaza Singapura will shutter by the end of next month. In a statement on Friday, Robinsons Group – which manages John Little, the oldest department store in Singapore – said that the decision was made “after evaluating the […]

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Retail Asia29/09/2016

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Listed Philippine property developer Double Dragon plans to build a network of 100 neighbourhood style shopping malls across the Philippines by 2020. The company has already opened eight CityMall centres and secured 53 sites to date. The new centres will range anywhere between 5000 sqm and 10,000 sqm. Last week DoubleDragon announced it was issuing […]

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Retail Asia26/09/2016

Singapore Retailers Association (SRA) is launching the inaugural Singapore Golden Week (SGW), a lifestyle event to be held over three weekends from September 30 to October 16. Its aim is to heighten Singapore’s appeal as a lifestyle destination with a suite a retail privileges, shopping reward and pampering experiences as enticement. Global payment network UnionPay […]

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Retail Asia31/08/2016

Three Filipino companies made it into Forbes’ list of 50 best-performing listed firms in Asia this year. Jollibee Foods Corp., Puregold Price Club, Inc. and Robinsons Retail Holdings Inc. were included among “Asia’s Fab 50 Companies,” compiled by Forbes Magazine. Companies are selected based on their record of revenues, operating earnings and return on capital […]

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Retail Asia03/08/2016

Robinsons Retail Holdings Incorporated has acquired a majority stake in De Oro Pacific Home Plus Depot, a big box builders hardware depot with 3-store chain in Northern Mindanao. The Gokongwei-led firm told the Philippine Stock Exchange that its subsidiary RHI Builders and Contractors Depot Corporation’s acquisition will add to its big box hardware portfolio. De […]

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Retail Asia16/06/2016

Robinsons Retail Philippines has announced it will add 200 stores, mostly convenience stores and supermarkets. The boost in its retail chain will add to its existing 1506 stores. For 2016, Robinsons Retail Holdings has earmarked P5 billion in capital spending, nearly 60 per cent higher than the P3.14 billion in 2015. Robina Gokongwei-Pe, president and […]

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Retail Asia14/06/2016

Soon all SM’s retail-related businesses will come under a single umbrella company. The planned SM Retail consolidation is expected to boost sales by 16.6 per cent to Php251 billion. SM Investments Corp, Henry Sy’s holding company, said in an investor presentation that the merger of all retail-related businesses under SM Retail would ratchet up footprint […]

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Retail Asia25/05/2016

Robinsons Retail has acquired a 51 per cent controlling interest in The Generics Pharmacy (TGP), the Philippines’ largest and fastest growing generics drugstore chain. The acquisition of TGP’s over 1800 stores, combined with South Star Drug, will take the retail drugstore network of the group to nearly 2200 stores nationwide, more than Mercury Drugstore’s 1000+ […]

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Retail Asia06/05/2016

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 with solid same-store […]

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Retail Asia11/04/2016

Robinsons Philippines has reported a 21.9 per cent increase in net income in 2015 to P4.3 billion ($90 million) on the back of same-store sales growth and sales from newly opened stores. Same-store sales growth for Robinsons Retail Holdings grew 4.1 per cent in 2015, exceeding the 2-3 per cent consolidated same-stores sales target for […]

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Retail Asia05/04/2016

The Philippines’ second wealthiest man according to Forbes, John Gokongwei Jr, has retired as chair and CEO of Robinsons Retail Philippines. Robinsons Retail covers supermarkets and household brands such as Toys ‘R’ Us, True Value and Mini Stop. Gokongwei, who will turn 90 on August 11, had announced plans to retire and focus on charity […]

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Retail Asia27/03/2016

Taipan John Gokongwei Jr., the country’s second richest man according to Forbes, has stepped down as chairman and CEO of Robinsons Retail Holdings Inc. (RRHI), which is in charge of the family’s retail business which include supermarkets and household brands Toys “R” Us, True Value, and Mini Stop. His only son Lance Gokongwei, 49, took […]

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Retail Asia28/01/2016

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Ties up with Chalhoub Group to bring in the Singapore-based fashion department store Dubai: Two UAE based retail groups have come together to launch the first Robinsons fashion department store in the region. The first of the Singapore-based brand will open in the Spring of 2017 at the Dubai Festival City Mall, currently in a […]

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Retail Asia04/10/2015

Robinsons Retail Holdings Inc., the retail arm of the Gokongwei family, has acquired 90 percent of Savers Electronic World, an electronics and appliance store chain that operates 24 stores around the country. In a disclosure to the Philippine Stock Exchange (PSE), Robinsons Retail said its wholly owned subsidiary Robinsons Inc. has entered into a partnership […]

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Retail Asia08/04/2015

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Filipino retailer Robinsons Retail Holdings expects to boost the ranks of its loyalty program membership beyond 1 million by the year’s end after forging a new partneship with Caltex. Robinsons, the Philippines second largest retail group, says its Robinsons Rewards Card membership has grown rapidly throughout the last year to about 850,000 now. At the […]

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