Retail

5 May 2025

12:12PM

Wilcon sees Q1 2025 profit fall 27.5%, bets on second half rebound

Retail tycoon William Belo’s Wilcon Depot’s profit plunged 27.5 percent to P536 million in the first quarter of 2025, even as sales inched up 1.2 percent to P8.4 billion, highlighting the growing pressure from rising costs and weaker performance in older stores.

26 Feb 2025

1:12PM

SM’s Alfamart to open 200 new stores in 2025, fueling jobs & local business growth

SM Group’s Alfamart is bullish on growth in 2025, adding 200 new stores in Luzon this this year and pushing its total beyond 2,100 locations.

26 Dec 2024

9:56AM

Cosco Capital, Siam Global House terminate joint venture for PH retail operations

The company said the decision was made on Dec. 23, 2024, and was mutually agreed upon after a strategic review of current market conditions.

18 Nov 2024

10:17AM

Gaisano’s MRSGI sees lower 9-month profit amid expansion efforts

Metro Retail Stores Group, Inc. (MRSGI) saw net income drop 19.6 percent to P204.7 million for the first nine months of 2024, impacted by higher non-cash charges from its expansion efforts.

8 Nov 2024

8:47AM

Lucio Co’s Puregold sees 9-month profit jump to P6.9B in 2024

Tycoon Lucio Co’s Puregold Price Club Inc. reported a net income of P6.9 billion for the first nine months of 2024, marking a 4.5-percent increase from P6.6 billion in the previous year.

25 Oct 2024

3:30PM

Robinsons Retail grows 9-month core profit by 7.6%, sees ‘uplift’ in Christmas sales

By: Miguel R. Camus

Gokongwei’s Robinsons Retail Holdings Inc., one of the country’s largest operators of supermarkets and specialty stores, saw core net earnings grow by 7.6 percent to P4.1 billion in the first nine months of 2024.

2 Oct 2024

11:07AM

SM Markets, 3 innovative brand partners champion sustainable growth

SM Markets, part of the Sy family conglomerate SM Investments Corp., is driving sustainability by cutting waste and saving energy.

16 Sep 2024

5:31PM

SM Groups’ retail arm gears up for strong year-end boost

SM Investments Corp., which leads the country’s largest retail group, could surprise investors in the second half of the year as spending accelerates toward year-end.

22 Aug 2024

5:46PM

Gaisano’s Metro Retail posted 27% profit drop in 1st half of 2024

Supermarket operator Metro Retail Stores Group Inc. (MRSGI) reported a net income of P100.4 million for the first half of 2024, down 26.6 percent from the P136.8 million it earned last year.