Robinsons Retail Holdings, Inc. (RRHI), the retail arm of the Gokongwei group, will close its 11 No Brand standalone stores across the Philippines by the end ofRobinsons Retail Holdings, Inc. (RRHI), the retail arm of the Gokongwei group, will close its 11 No Brand standalone stores across the Philippines by the end of

Robinsons Retail to close No Brand standalone stores by June

2026/03/25 10:05
2 min čtení
V případě připomínek nebo obav ohledně tohoto obsahu nás prosím kontaktujte na adrese crypto.news@mexc.com

Robinsons Retail Holdings, Inc. (RRHI), the retail arm of the Gokongwei group, will close its 11 No Brand standalone stores across the Philippines by the end of June.

“The decision reflects evolving consumer preferences and how customers are choosing to shop across our retail formats,” RRHI President and Chief Executive Officer Stanley C. Co said in a disclosure on Wednesday.

“Our focus remains on meeting customer needs by providing relevant assortments in the most appropriate formats. We thank Emart for the partnership over the past several years,” he added.

RRHI said it does not expect the closures to have a material impact on its financial performance. No Brand accounts for about 0.2% of annual net sales and a minimal share of total assets.

“No Brand’s 11 stores are immaterial relative to RRHI’s network of more than 2,700 company-owned stores—including 157 Robinsons Supermarket, 159 Robinsons Easymart, 38 The Marketplace, 16 Shopwise, and 415 Uncle John’s under its food segment—and over 2,100 franchised TGP branches, as of Dec. 31, 2025,” RRHI said.

No Brand entered the Philippine market in 2019 through a master franchise agreement between RRHI and South Korea’s Emart, which owns the No Brand label and authorized RRHI to operate standalone stores nationwide. — Alexandria Grace C. Magno

Tržní příležitosti
Logo Chainbase
Kurz Chainbase(C)
$0.07018
$0.07018$0.07018
-1.57%
USD
Graf aktuální ceny Chainbase (C)
Prohlášení: Články sdílené na této stránce pochází z veřejných platforem a jsou poskytovány pouze pro informační účely. Nemusí nutně reprezentovat názory společnosti MEXC. Všechna práva náleží původním autorům. Pokud se domníváte, že jakýkoli obsah porušuje práva třetích stran, kontaktujte prosím crypto.news@mexc.com a my obsah odstraníme. Společnost MEXC nezaručuje přesnost, úplnost ani aktuálnost obsahu a neodpovídá za kroky podniknuté na základě poskytnutých informací. Obsah nepředstavuje finanční, právní ani jiné odborné poradenství, ani by neměl být považován za doporučení nebo podporu ze strany MEXC.

USD1 Genesis: 0 Fees + 12% APR

USD1 Genesis: 0 Fees + 12% APRUSD1 Genesis: 0 Fees + 12% APR

New users: stake for up to 600% APR. Limited time!