Inquirer
MANILA, Philippines — Gokongwei-led retailer Robinsons Retail Holdings Inc. (RRHI) will close all its No Brand standalone stores in the Philippines. The company told the local bourse on Wednesday that it would gradually wind down operations of the 11 outlets of the grocery store by end-June 2026. RRHI said the move aligned with its strategy to streamline its portfolio and focus on formats delivering stronger, more sustainable returns. No Brand, launched locally in 2019 via a franchise deal with South Korea’s Emart, contributes about 0.2 percent of annual net sales. The company expects no material financial impact, noting the brand’s limited […]... Keep on reading: RRHI to shut down No Brand stores in Philippines
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