The company behind Robinsons Supermarkets, Uncle John’s convenience stores, Southstar Drug, Handyman, and others will go back to being private pending regulatory and shareholder approvals.
RRHI is acquiring the company from Lance Gokongwei, president and CEO of its parent firm JG Summit Holdings Inc.
Listed Robinsons Retail Holdings Inc. (RRHI) through its unit Robinson's Supermarket Corp., has fully acquired Premium Corp., paving the way for firms to enter the surging motorcycle market.The Gokongwei Group's retail arm said in a statement on Monday, July ...
RRHI's repurchase of shares is expected to boost the company's involvement in the premium food retail business.
Listed Robinsons Retail Holdings Inc. (RRHI) on Friday, May 30, announced its repurchase of shares belonging to a unit of DFI Retail worth P15.77 billion, or 22.2 percent of the RRHI's common shares.In a statement, the Gokongwei Group' ...
It's a strong start for the Gokongwei Group's retail arm.
Robinsons Retail Holdings, Inc.'s (RRHI) core earnings climbed by 4.9 percent to P1.2 billion year-on-year in the first quarter of the year due to lower interest expenses.The Gokongwei group retail arm also saw its gross profit ...
The company's annual revenue reached P199.2 billion, a 3.7 percent increase driven by growth in its food and drugstore sectors and new store sales.
Robinsons Retail Holdings, Inc. (RRHI) reported a 12.3 percent increase in core earnings to P6.3 billion in 2024. The company said this was driven by higher gross profits and enhanced operational efficiencies.Meanwhile, the company's net income more than ...
The Robinsons Retail Group says it's business as usual for the company’s Philippine operations.
True Value, a 75-year-old American hardware store chain, has filed for Chapter 11 bankruptcy and will sell off all of its business operations to rival company Do It Best. In an announcement made last Monday (October 14), True Value Company ...
All in all, the Gokongwei-owned company's core net earnings soared to P1.2 billion from January to March.
Consumers are still spending on everyday goods despite the effects of high inflation in the country. This is evident in the earnings of the Gokongwei-owned Robinsons Retail Holdings, Inc. (RRHI), which saw an increase of 2.9 percent to P45.9 ...
Robinsons Retail Holdings Inc. (RRHI) may have reported net revenues of P192 billion for 2023, up 7.4 percent versus 2022's P178 billion, but net income declined for the fourth straight quarter. RRHI said 2023's net income attributable to equity ...
News broke over the weekend that Robinsons Retail Holdings Inc. (RRHI) will be acquiring Ministop Japan's 40 percent stake in Robinsons Convenience Stores, Inc. (RCSI). This will up RRHI's stake in Ministop Philippines to 100 percent. To businessmen and stock ...
Robinsons Group will assume full ownership of the convenience store chain in the Philippines.
Japanese convenience store chain Ministop is pulling out of the Philippines and South Korea and will instead focus on its home market. A report in Nikkei Asia said the company is selling its 40 percent stake in Robinsons Convenience Stores, Inc. (RCSI) ...
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