Taking the retail experience online to the next level There is no denying that the global fashion and retail industry, much like other industries, depends on the power of the internet to keep its businesses afloat during the pandemic. While there has been a sizeable decline in sales for many brands...
Last January, SM Investments Corporation was one of 380 companies across 11 sectors included in the 2021 Bloomberg Gender-Equality Index (GEI). This was the second time SM was cited in the said index, which measures gender equality across five pillars: female leadership and talent pipeline, equal...
Robinsons Retail Holdings, Inc. (RRHI ) is extending its share buyback program for an additional amount of P2.0 billion to improve shareholder value. In a disclosure to the Philippine Stock Exchange, the Gokongwei group’s retail arm said this will be on top of the P2.0 billion share buyback...
Robinsons Retail Holdings, Inc. reported a 25.2 percent drop in unaudited consolidated attributable net income to P2.93 billion last year from the P3.92 billion earned in 2019 due to the economic effects of the pandemic. In a disclosure to the Philippine Stock Exchange, RRHI said unaudited...
SM Investments Corporation (SMIC) registered a net income of P23.4 billion last year, 48 percent lower than the P44.6 billion earned in 2019. Due to the impact of the COVID-19 pandemic, The firm’s consolidated revenues declined to P394.2 billion in 2020 from P502.0 billion in the year before....
Robinsons Retail Holdings Inc. has expanded its e-commerce site gorobinsons.ph to include DIY format Handyman Do it Best and No Brand, a franchise from EMart of Korea. In a disclosure to the Philippine Stock Exchange, RRHI said that, with the inclusion of Handyman Do it Best on the platform,...
Some of the country's agri-fishery commodities, such as rice, pork, fish, and chicken, were sold in select markets in Metro Manila higher than their suggested retail price (SRP) almost throughout the holidays. Based on the latest price monitoring report of the Department of Agriculture (DA), SRPs...
The Department of Agriculture (DA) will make sure that the price freeze on some agricultural and fishery commodities is “strictly” observed in Luzon amid the declaration of state calamity in the region, which was badly battered by a series of typhoons. As this happens, the agency has also...
The government’s recently imposed suggested retail price (SRP) on pork is not working, at least based on the latest price monitoring report of the Department of Agriculture (DA). Based on the latest price monitoring report of the DA, the prevailing price of pork kasim at select markets in Metro...
Robinsons Retail Holdings, Inc. reported a 13.9 percent drop in attributable net income to P2.4 billion in the first nine months of 2020 due to the impact of quarantine restrictions imposed to stem the spread of COVID-19. In a disclosure to the Philippine Stock Exchange, RRHI noted though...
Noche Buena products manufacturers are seeking as much 3 percent increase in their suggested retail prices (SRP) due to increased cost of production. Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO) Trade and Industry Secretary Ramon M. Lopez said the Noche...
Robinsons Retail Holdings, Inc. (RRHI) has signed a share purchase agreement to acquire 100 percent of Rose Pharmacy Inc., one of the biggest drugstore chains in Visayas and Mindanao, for P4.5 billion. In a disclosure to the Philippine Stock Exchange, RRHI said its subsidiary South Star Drug Inc....
