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Robinsons Retail to channel P325M for loans, technology

ROBINSONS Retail Holdings, Inc. (RRHI) will be reallocating P325 million from the proceeds of its initial public offering (IPO) to settle bank loans, and to acquire and maintain information technology assets.

Gokongweis’ retail group posts 33% profit fall on store closures

EARNINGS of Gokongwei-led Robinsons Retail Holdings, Inc. (RRHI) fell 33% to P719 million in the second quarter due to the closure of some of its stores during the strict lockdown.

Grocery shopping boosts Robinsons Retail profit

ROBINSONS Retail Holdings, Inc. (RRHI) booked a 45% jump in earnings during the first quarter due to higher contributions from premium grocery shop operator Rustan Supercenters, Inc.

Robinsons Retail plans P2-B share buyback program

ROBINSONS Retail Holdings, Inc. (RRHI) is planning to buy back P2-billion worth of shares to improve shareholder value.

Robinsons Retail earnings fall 33% in 2nd quarter

EARNINGS of Robinsons Retail Holdings, Inc. (RRHI) dropped in the second quarter despite higher sales due to the impact of a new accounting standard.

Robinsons Retail considers exit from fashion business amid stiff competition

BILLIONAIRE John Gokongwei’s Robinsons Retail Holdings Inc. is considering an exit from the fashion business as it struggles to compete with cheaper, faster chains like Fast Retailing Co.’s Uniqlo. Stock jumps to three-week high.

Robinsons Retail still rationalizing RSCI stores

ROBINSONS Retail Holdings, Inc. (RRHI) is looking to rationalize the store network of Rustan Supercenters, Inc. (RSCI)

Robinsons Retail profit up 2%

ROBINSONS Retail Holdings, Inc. (RRHI) reported a 2% rise in its net income attributable to equity holders of the parent company in 2018, as same-store sales growth (SSSG) grew across all formats.

Robinsons Retail says TRAIN helped boost sales

ROBINSONS Retail Holdings, Inc. (RRHI) posted a 9.6% increase in attributable profit during the April to June period of 2018, following higher same-store sales and the performance of new stores.