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News and Events

7-Eleven, Robinsons, Puregold or SM: Which Retailer Benefited the Most From TRAIN Law?

Giant store chains enjoy revenue boost in the first half of 2018 thanks to personal income tax cuts

The personal income tax cuts mandated by the Tax Reform for Acceleration and Inclusion (TRAIN) law that took effect in January 2018 may have been sizeable but their impact on overall economic growth is anything but.With higher take home pay, workers and employees ...

by Elyssa Christine Lopez  | August 17, 2018 01:00:00
News and Events

SSI Group to Open First Shake Shack in Southeast Asia in Manila

Burgers, hotdog, beer, wine and frozen custard ice cream will be on the menu when it opens in 2019

A Shake Shack branch inside the Dubai International Airport. The US-based burger chain will open in Manila next yearUPDATE: Shares of SSI's stock rose by as much as 18 percent after the announcement, the most in two years according to a Bloomberg ...

by Paul John Caña  | July 18, 2018 11:00:00
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

Davao Tycoon Dennis Uy Eyes FamilyMart to Complement His Phoenix Petroleum

Acquisition seen to boost Duterte adviser’s 500+ retail gasoline stations

Listed independent oil company Phoenix Petroleum Philippines is set to acquire the Philippine arm of Japanese convenience store chain FamilyMart, according to a disclosure to the Philippine Stock Exchange (PSE) last October 30.In the disclosure, Phoenix Petroleum revealed that it had signed ...

by Lorenzo Kyle Subido  | October 30, 2017 04:00:00
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
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