Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 4.2 percent increase in profit in the first nine months of the year to ₱213.3 million, as cost-saving initiatives offset the drag on consumer spending from natural calamities. Cash earnings, as measured by earnings before interest,...
Robinsons Retail Holdings Inc. (RRHI) is earmarking an additional ₱2 billion for its five-year share buyback program, bringing the total value of shares targeted for acquisition to ₱25.77 billion. In a disclosure to the Philippine Stock Exchange (PSE), the Gokongwei Group 's retail arm...
The Bank of the Philippine Islands (BPI) has partnered with Robinsons Retail Holdings to enable millions of clients to securely obtain up to ₱10,000 in free cash withdrawals directly at retail checkouts using only their mobile app. BPI said its clients can now obtain cash securely without an ATM...
Ayala-led Bank of the Philippine Islands (BPI) remains optimistic about its prospects despite the country 's slower-than-expected economic growth in the third quarter, betting on easing interest rates to boost loan growth. BPI President and Chief Executive Officer Jose Teodoro K. Limcaoco...
Antitrust watchdog Philippine Competition Commission (PCC) has approved the ₱146-million acquisition by Robinsons Retail Holdings Inc. (RRHI) of Premiumbikes Corp., a motorcycle retailer in the Philippines owned by Lance Gokongwei. In a resolution dated Nov. 6, 2025, PCC cleared RRHI’s planned...
The Gokongwei Group’s Robinsons Retail Holdings, Inc., posted a 3.9 percent improvement in core net earnings to ₱4.2 billion in the first nine months of the year, with the growth driven by gross margin expansion. In a disclosure to the Philippine Stock Exchange, the firm said core net earnings...
Gaisano-led Metro Retail Stores Group, Inc. (MRSGI) has expanded its branch network to 78 stores with the opening of Metro Store and Supermarket in Bais City, marking the community and the retail chain’s continued growth in the Visayas. The firm said its newly launched Metro Market and Department...
The SM Group, through its retail subsidiaries, is expanding its product lines and enhancing accessibility nationwide to meet the rising demand for beauty and wellness products. In a statement, SM Investments Corp. said SM Beauty offers more than 1,000 beauty brands across its 77 branches, with...
Hard discount stores Dali and Robinsons Retail Holdings Inc. 's affiliate, O!Save, are giving stiff competition to traditional supermarket and convenience store chains by registering strong sales growth while expanding their reach in the retail market. Based on research by Abacus Securities...
After raising over half a trillion pesos from retail treasury bonds (RTBs) last week, the Marcos administration successfully borrowed ₱50 billion from separate sales of debt securities this week. During the sale of 10-year treasury bonds (T-bonds) on Tuesday, Aug. 19, the Bureau of the Treasury...
Driven by “very strong market demand,” the national government concluded its offer period for five-year retail treasury bonds (RTBs) last week, borrowing a total of ₱507.2 billion from both local and foreign lenders. Of the total, issued at a six-percent annual interest, ₱425.5 billion came...
Metro Retail Stores Group Inc. (MRSGI), a supermarket and department store chain controlled by the Gaisanos of Cebu, reported a 45.7-percent jump in net income to ₱146.3 million in the first half of the year. The company said its strong performance was particularly driven by its second-quarter...
