Robinsons Retail sets P6B for 2015 expansion

ROBINSONS Retail Holdings Inc. (RRHI), the listed commercial retail unit of the Gokongwei family, has budgeted P6 billion for expansion this year in an effort to expand its store network to 1,600.

During the company’s annual stockholders’ meeting late Thursday, RRHI President and Chief Operating Officer Robina Gokongwei-Pe said the plans to open 350 stores this year is part of an expansion program covering across the company’s retail brands.