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News and Events

Competition Body Clears Robinsons Retail's Acquisition of Rustan Supercenters

The go-signal comes without conditions unlike some of the recent deals approved by the PCC

The Philippine Competition Commission (PCC) has approved the merger between local retail firms Robinsons Retail Holdings Inc. (RRHI) and Rustan Supercenters Inc. (RSCI), the anti-trust body announced in a Commission Decision released August 16.“[T]he acquisition by Robinsons Retail Holdings Inc. of shares ...

by Lorenzo Kyle Subido  | August 17, 2018 05:00:00
News and Events

How One Company Changed the Local Shopping Scene

SSI brought brands like MUJI and Zara to Manila. This year, they're celebrating their 30th anniversary

Imagine having to fly out of the country just to shop from brands like Zara, Bershka, MUJI, GAP, Old Navy, and MAC Cosmetics. Or having to ask someone whoâs abroad to get you a Lacoste polo shirt or something from Tommy Hilfiger ...

by Jamie Sanchez for Spot.ph  | June 12, 2018 12:00:00
News and Events

Can Robinsons Retail Stem Rustan's Supermarket’s Losses and Turn it Around?

RSCI has been suffering losses since 2012 when half of the company was sold to Dairy Farm

On March 23, Robinsons Retail Holdings Inc. (RRHI), the country’s second-largest multi-format retailer, announced an agreement to acquire Rustan’s Supercenters Inc. (RSCI) through a share-swap deal with Dairy Farm International Holdings Limited, a Hong Kong retail company.Before the transaction, which was valued ...

by Pauline Macaraeg  | April 08, 2018 10:00:00
News and Events

Robinsons Retail Acquires Rustan’s Supermarkets, Shopwise in Php18-B Share-Swap Deal

HK-based retailer Dairy Farm to own 18.25% of Gokongwei-owned retail firm in exchange for 100% of Rustans Supercenters Inc.

Robinsons Retail Holdings Inc. (RRHI), the Philippines' second-largest multi-format retailer, acquired full ownership of Rustan’s Supercenters Inc. (RSCI) in a share swap deal with Dairy Farm, an Asian retailer listed at the London Stock Exchange, RRHI said in a disclosure to the ...

by Entrepreneur Staff  | March 23, 2018 05:00:00
News and Events

Look: How the Co-Founder of Rustan's Surprised His Favorite Guards and Janitors

Bienvenido Tantoco's gesture is a lesson in thoughtfulness for us all

Christmas has always been a time of giving. Whether it be a present large or small, the spirit of kindness has the ability to make a difference.Such was the thought of Rustanâs co-founder Bienvenido Tantoco, Sr. or Lolo Benny, as he is ...

by Paolo Chua for TownandCountry.ph  | December 20, 2017 12:00:00
News and Events

7 Rustan's Milestones That Changed the Country's Retail Industry

Interesting facts about the 65-year-old retail giant that was almost named "Tanrus"

The story of how Gliceria "Glecy" Rustia-Tantoco and Bienvenido "Benny" Tantoco, Sr. began selling trinkets collected from their travels all over the world in their living room in San Marcelino has been retold time and again, but it never fails to inspire. ...

by Hannah Lazatin for TownandCountry.ph  | October 06, 2017 12:00:00
News and Events

What are the Fastest-Growing Segments of PH Specialty Fashion?

Key insights on retailing trends from publicly listed SSI Group Inc.’s latest annual report

Annual reports of companies listed on the Philippine Stock Exchange are typically read by shareholders and investors keen to find out how the company is doing financially.But the latest report of the SSI Group Inc., the country’s leading specialty retailer, could be ...

by Elyssa Christine Lopez  | April 25, 2017 10:00:00
Business Ideas

A Pure & Fresh fight: Local dairy goes head-to-head with giants

Agriculturalist Eduardo Soriano makes great business by disturbing the market

 Agriculturalist Eduardo Soriano likes things complicated.In the early 1990s, he bought four hectares of idle land from his family’s corporation, establishing a dairy farm that would eventually be called Hacienda Macalauan Inc. “Very few people have the desire to do [dairy farming]. ...

by Entrepreneur Staff  | October 09, 2016 12:00:00
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