Gaisano-led Metro Retail Stores Group Inc. (MRSGI) posted a 12-percent growth in net income to ₱682.64 million last year on the back of solid growth across key business segments, strategic new store openings, margin expansion, as well as cost management and operational efficiency. In a disclosure...
AdventEnergy, the retail electricity arm of Aboitiz Power Corp., has signed an agreement to supply power to two facilities of Frabelle Cold Storage Corp., marking an expansion of its portfolio under the government’s retail aggregation framework. Under the terms of the deal announced Tuesday,...
Ayala-led renewable energy (RE) firm ACEN Corp. remains the largest retail electricity supplier (RES) in the market, having taken over the majority of the franchise area of Manila Electric Co. (Meralco). According to Philippine Electricity Market Corp. (PEMC), ACEN’s RES arm captured 71 percent...
The government should address persistent competition barriers in the retail electricity market to widen consumers’ ability to purchase power from their preferred suppliers, according to the antitrust watchdog Philippine Competition Commission (PCC). In a statement on Monday, April 6, the PCC said...
Robinsons Retail Holdings Inc. (RRHI), the retail arm of the Gokongwei family’s business empire, is seeking to voluntarily delist from the Philippine Stock Exchange (PSE) following the proposed ₱18.37 billion tender offer by its controlling shareholder. In a disclosure to the PSE, the firm...
After operating the chain for seven years, Robinsons Retail Holdings Inc. (RRHI) announced the closure of its No Brand standalone stores in the Philippines, noting that it will gradually wind down operations of all 11 stores by the end of June 2026. “The decision reflects evolving consumer...
The Gokongwei Group’s Robinsons Retail Holdings Inc. (RRHI) remains optimistic about its business and is planning capital expenditures (capex) of ₱5 billion to ₱7 billion this year, mainly to be invested in the construction of new branches and the renovation of existing stores across all its...
Gokongwei-led Robinsons Retail Holdings Inc. reported a six percent increase in full-year core net income as steady sales growth across its business segments and improved cost efficiencies offset the high base from previous one-time gains. Core net income reached ₱6.7 billion in 2025, according...
Robinsons Logistix and Industrials, Inc. (RLX), the wholly owned logistics and industrial arm of Robinsons Land Corp. (RLC), has diversified into the development and construction of “big box” retail facilities. RLC disclosed to the Philippine Stock Exchange that RLX has been tapped by sister...
Despite the ongoing political noise and challenges in the business environment, SM Retail is optimistic about its performance this quarter while continuing to expand its operations by opening new stores nationwide. “We remain hopeful because it’s Christmas time. Filipino consumers usually, with...
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...
