Two members of the Gokongwei group, Robinsons Land Corporation (RLC) and Robinsons Retail Holdings Inc. (RRHI), have made it to the 2022 Bloomberg Gender-Equality Index (GEI). RLC and RRHI comprise half of the only four listed companies in the Philippines included in this year’s roster, alongside...
Gokongweis buying out Japanese partner in PH Ministop franchise By JAMES A. LOYOLA Robinsons Retail Holdings, Inc. (RRHI) through its wholly owned subsidiary, Robinsons Supermarket Corporation, is buying out its Japanese partner and taking full control of the Ministop franchise in the Philippines....
The Gokongwei family’s investment in Shakey’s Pizza Asia Ventures Inc. is resulting in synergies between the Gokongwei’s retail business and the restaurant chain. In a disclosure to the Philippine Stock Exchange, Shakey’s announced plans to reopen Project Pie at Shopwise Hypermarket...
Robinsons Retail Holdings, Inc. (RRHI) now has 870 drugstores with the opening of Rose Pharmacy’s newest store in Lapu-Lapu City, Cebu. Combined with Southstar Drug, Rose Pharmacy is part of RRHI's aggressive pipeline to expand its drugstore business across the Philippines. Formal Opening of Rose...
GrowSari, a Philippine B2B E-commerce player, has raised US$30 million in funding to date from global marquee investors including China’s Tencent, International Finance Corporation, and the Gokongwei Group. 17716 Founded in 2016, GrowSari is a tech-enabled B2B platform that outfits Philippine...
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...
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,...
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...
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....
