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“Significant challenges” across the Southeast Asian supermarket business are continuing to test Hong Kong-listed multi-format retailer Dairy Farm International. In a management statement discussing the company’s third-quarter performance – which did not…
Robinsons Retail Holdings has boosted net income by 9.8 per cent in the first nine months of this year, to PHP 3.8 billion (US$70.97 million). The improvement followed on from a 13.1 per cent increase in sales for the period, to PHP 91.8 billion ($1.71…
According to retail analyst IGD, the Philippines is one of the fastest-growing countries in Southeast Asia, with its GDP growth hitting 6.9% in the first quarter of 2016, and further strong expansion predicted on the back of robust domestic consumption, rapid…
Newly acquired stores Savers Appliances and The Generics Pharmacy have given Robinsons Retail sales and profits a boost. Sales increased by 18.5 per cent from Php21.6 billion to Php25.6 billion in the second quarter of 2016, on the back of sustained high…
Global food and grocery specialist IGD visited Manila during the May 2016 presidential elections. Here IGD’s senior retail analyst, Jenny Li, examines what is giving the country’s retail sector such a positive outlook. The Philippines is one of the fastest…
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…
Robinsons Retail has acquired a 51 per cent controlling interest in The Generics Pharmacy (TGP), the Philippines’ largest and fastest growing generics drugstore chain. The acquisition of TGP’s over 1800 stores, combined with South Star Drug, will take the…
Two Asian retail leaders have been added to Forbes magazine’s annual list of 50 most powerful businesswomen in Asia – in The Philippines and Vietnam. They are Robina Gokongwei-Pe, the president and COO of Robinsons Retail Holdings, the second-largest…
Robinsons Philippines has reported a 21.9 per cent increase in net income in 2015 to P4.3 billion ($90 million) on the back of same-store sales growth and sales from newly opened stores. Same-store sales growth for Robinsons Retail Holdings grew 4.1 per cent…
Robinsons Retail Holdings, the Philippines-based department store operator, has taken a 90 per cent stake in home appliance chain Saver’s Appliance Depot. Saver’s operates 24 stores in Central Luzon and eight in Cagayan Valley Robinsons Retail president and…
Japanese discount retailer Daiso has won the right to use its name in the Philippines after a hearing in the Supreme Court. In a final ruling just issued, the court has blocked Filipino company Japan Home Center from using the trademark Daiso, confirming an…
