Skip to content
RetailNews Asia
Food

Robinsons Retail Philippines eyes 200 stores

By Mei Ling Tan
1 min read
Robinsons Retail Philippines eyes 200 stores
Robinsons Retail Philippines eyes 200 stores

Robinsons Retail Philippines has announced it will add 200 stores, mostly convenience stores and supermarkets.

The boost in its retail chain will add to its existing 1506 stores.

For 2016, Robinsons Retail Holdings has earmarked P5 billion in capital spending, nearly 60 per cent higher than the P3.14 billion in 2015.

Robina  Gokongwei-Pe, president and COO of Robinsons Retail Holdings, said “2016 is expected to be a good year. With the national elections in May coupled with the rising purchasing power of consumers fuelled by low fuel prices, we expect same store sales growth to stay healthy for the whole of 2016,” Gokongwei-Pe said.

“We however, foresee competition to remain intense as more retailers are expanding aggressively in areas outside Metro Manila to cash in on the still low modern retail penetration in these areas,” she said.

Robinsons Retail Philippines eyes 200 storesRobinsons Retail Philippines eyes 200 storesRobinsons Retail Philippines eyes 200 stores

Weekly Briefing

Asia's retail intelligence, in your inbox

We respect your inbox as much as we value your time. That's why we only send carefully curated weekly updates, packed with the most relevant news, trends, and insights from the retail industry across Asia and beyond.

Protected by a quick human check. No spam, ever.