Robinsons targets new segments as it ramps up acquisition mode
The Philippine Star|September 09, 2024
Robinsons Retail Holdings Inc. (RRHI) is looking to diversify into new market segments with a number of brands currently on its add-to-cart list of potential acquisitions.
RICHMOND MERCURIO

RRHI COO Stanley Co told The STAR in an interview that the company is targeting to acquire new brands that would further diversify its current portfolio.

"There are a few that we're looking at but we are still not at liberty to divulge right now. From time to time we're always looking for opportunities," he said.

Asked on which segments are these potential acquisitions, Co said "something that we don't have yet." Co said he is hopeful that one of these potential purchases can push through within the year.

As one of the country's largest multiformat retailers, RRHI currently has an expansive network of food stores, drugstores, department stores, do-it-yourself stores and specialty stores.

This story is from the September 09, 2024 edition of The Philippine Star.

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This story is from the September 09, 2024 edition of The Philippine Star.

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