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...
Malacañang has denied reports that Department of Tourism (DOT) Secretary Christina Frasco is facing removal and that aviation executive Stanley Ng will replace her following criticisms of her leadership. Presidential Communications Office (PCO) Undersecretary Claire Castro said this amid reports...
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...
Stanley 1913, the global lifestyle brand synonymous with iconic design and trusted performance, announced its partnership with global superstar Jennie, founding member of K-pop group Blackpink, to launch the new Quencher Luxe Tumbler and All Day Slim Luxe Bottle as part of the Stanley 1913 x Jennie...
The Gokongwei Group’s Robinsons Retail Holdings, Inc. reported a 66.9 percent plunge in attributable net income to ₱2.3 billion in the first half of the year, mainly due to the one-time gain from the Bank of the Philippine Islands – Robinsons Bank merger booked in early 2024. In a disclosure...
Robinsons Supermarket Corp., a wholly owned subsidiary of the Gokongwei Group’s Robinsons Retail Holdings Inc. (RRHI), is expanding into the motorcycle business by acquiring 100 percent of Lance Gokongwei’s Premiumbikes Corp. for ₱146.4 million. In a disclosure to the Philippine Stock...
Robinsons Retail Holdings, Inc., a member of the Gokongwei Group, has reacquired 22.2 percent of the company’s stock from GCH Investments Pte. Ltd., a subsidiary of DFI Retail Group, for ₱15.77 billion. In a disclosure to the Philippine Stock Exchange, RRHI said it has reacquired 315.31 million...
Gokongwei-led Robinsons Retail Holdings, Inc. expects to benefit from higher reciprocal tariffs between the U.S. and its trading partners, as it may eventually lead to oversupply and higher margins for dry goods. “We think the imposition of higher U.S. tariffs on its trading partners could lead...
Gokongwei-led Robinsons Retail Holdings, Inc. is seeing a recovery as its customers are now making bigger purchases at their wide array of stores that includes supermarkets, appliances, pharmaceuticals, and fashion/apparel. “This year is off to a strong start, with the ongoing recovery in basket...
