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Robinsons Department Stores

Robinson's gets ready to launch 4 new malls

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Press release:  ROBINSONS Land Corp. (RLC),  the listed real estate developer of Gokongwei-led JG Summit Holdings Inc., will launch four new malls this year, which will include a shopping center within the  mixed-used Magnolia Residences development in Quezon City.

The company earlier said it will focus on its new residential brand Robinsons Communities which will develop projects in suburban areas catering to middle income buyers.
RLC’s  residential division also caters to the high-end segment through Robinsons Luxuria while Robinsons Residences caters to buyers with a preference for developments located in central building districts.

The fourth brand, Robinsons Homes, will handle the company’s subdivision projects in the provinces.

The company listed its P10-billion fixed-rate bonds on the Philippine Dealing and Exchange Corp. on Thursday,  the first such listing this year.
The bonds are due in July and August 2014, and carry coupon rates of 8.5 percent and 8.25 percent per annum respectively.

RLC president and chief operating officer Frederick Go said the debt sale is the largest for RLC, and one of the most successful being four times oversubscribed.

The bonds also carry the highest credit rating of PRS Aaa by the Philippine Ratings Services Corp.
RLC earlier said the bond proceeds will be used to finance its capital spending program. For 2010, the company has allotted up to P9 billion, roughly the same amount that it did in 2009.
RLC said net income for the first quarter of the current  fiscal year, which starts October,  rose 28 percent to P869.2 million. This, on the back of combined revenues which added 10 percent to P2.49 billion.

Robinsons Land building 10 new malls

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Robinsons Land Corp., the property unit of business tycoon John Gokongwei, plans to build 10 new shopping malls over the next two to three years in a bid to catch up with SM Prime Holdings Inc., the country’s leading retail operator and developer. Continue reading here http://www.manilastandardtoday.com/insideBusiness.htm?f=/2010/february/11/business2.isx&d=2010/february/11

Take mobile e-commerce seriously

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From the Cebu Sunstar:  The growth of peer-to-peer or person-to-person trading sites like Sulit.com.ph, AyosDito.ph, 88db.com.ph, OLX.com.ph, Multiply.com, eBay.ph, among others, has allowed Filipinos from all the country to trade with each other. As you can scan through the various payment options, Globe GCash and Smart Money are in majority of these seller pages.

Anyone who has not looked into these two payment platforms in the past should think again. With mobile broadband becoming affordable and a growing number of Pinoys surfing through the mobile phone, there is a new opportunity to market and position the selling of product or service focusing on this growing user segment.

Globe GCash Glick (https:/ gcashclick.delbrosonline.net/), in partnership with courier company Delbros, now allows online sellers and buyers to trade with each other with ease. The system ensures buyers and sellers that a product ordered is received in good condition and in accordance with what was indicated online. In addition, payment is already secured prior to shipment, allowing proper transfer of funds after the delivery process.  Continue reading here http://www.sunstar.com.ph/cebu/toral-take-mobile-e-commerce-seriously

Also read my blog on sending money  http://mysendmoney.blogspot.com/
And my blog on Business Ideas http://philippinebusinessideas.blogspot.com/

Sing Songs of Christmas at Robinsons Philippines Iloilo

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Sing Songs of Christmas, a musical presentation.

In the tradition of giving colorful and melodious Christmas nights to the Ilonggos, Robinsons Place Iloilo opens another big outdoor attraction this year with Sing Songs of Christmas at the Ledesma Carpark. It features all-time favorite Christmas tunes inviting the audience to sing or hum along with their familiar strain. 
 
 Continue reading here http://www.thenewstoday.info/2009/12/07/sing.songs.of.christmas.at.robinsons.html

Business trend slowly shifts to online selling

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My comment:  But major players like SM, Ayala, Metro, Robinsons, Island Souvenirs, CDR King and many others haven't seen the light yet in my opinion and missing a major business low cost opportunity 

China's online sales soar in Jan-Sept: govt (wonder why no news like this in Philippines?)

Philippine Star CEBU, Philippines - Despite lots of business spaces now made available around the city, the advent of the internet has made online selling now the fast growing trend in the business community.


This is due to the free advertising and no need to pay for space rentals said Tina Tan, an online business seller who sells ready-to-wear clothes and accessories through the web.


Tan said that doing business online has become very popular and since the budding of social networking sites, it makes their jobs easier and gives them a chance to have a wider market.
According to Tan, business through online is very easy especially for those that have other things to do like students like her.


She said that all they have to do is add as many contacts as they can, preferably people they know so that they would not be scammed, and immediately they have instant customers.


Val Carla Vergara, a new online business player, said that she shifted to online selling because it is a new strategy for small business players like her who wants extra income but does not need to invest on a huge capital.


Vergara said that there are so many small business players that are using the net right now for their businesses but the competition does not worry her despite having the same kinds of products like RTW’s, accessories, and toys.


She said that just like any other kind of business, it depends on the marketing strategy of the online shop owner.


Vergara explained that she sells her products cheaper than those sold in malls and she puts the difference of the prices in her site so that the customers would be able to see how much money they will be saving if they buy it from her.


She said that unlike stores in malls and also from other online entrepreneurs who has fixed prices, she lowers her prices if the customers ask for a discount and she also does this if her clients buy three or more products.

But according to some like Armida Aguilar, a college student, the pictures are not enough for her to buy a product online. Aguilar said that despite online selling becoming a fad today and saves the shoppers time from going around places looking for clothes, she still chooses to go the conventional way pf shopping because she wants to make sure that she the quality is worth the money she is paying.  Continue reading here http://www.philstar.com/Article.aspx?articleId=530097&publicationSubCategoryId=108



Robinsons opens 47th store in Talisay CEBU

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Freeman Cebu November 30, 2009 CEBU, Philippines - Seeing the huge potential to set up a supermarket in the south given its growing population, Robinsons has just opened their 47th store in the country located in Talisay to further cater to the needs of the residents in the city and the nearby areas.

During the grand opening of Robinsons supermarket in South Central Square in Lawaan Talisay, Danilo Lim, Robinsons supermarket general manager shared that Cebu has always been part of their plans due to the good feedback that their two supermarkets in Cebu has reaped.  Continue reading here http://www.philstar.com/Article.aspx?articleId=528149&publicationSubCategoryId=108

Online Retail Thriving: 8% Growth Expected This Holiday Season but are Philippine merchants taking note?

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From the NY Times In its State Of Retailing Online 2009 report, Forrester Research reported that the vast majority of Web retailers were not only profitable in 2008 - in a recession - but also that their overall level of profitability grew.
 
My commment;  But has Philippine merchants noticed the trend and are they adapting to sell worldwide?  Here is a area for growth and expansion and Filipino merchants need to take note. 

The e-commerce market is expanding, due to a combination of factors.

Also brick-and-mortar businesses are migrating more of their operations online. We also have technology advances to thank: better recommendations technology, social media, the emergence of mobile commerce.

E-commerce Continues to Grow, Despite Economy

In the State Of Retailing Online 2009 report, Forrester Research reported that retailers saw their Web divisions grow by 18% in 2008. Given that Forrester described 2008 as "one of the worst years ever" in retail, that's significant growth in online retail activity. 
 
Continue reading here http://www.nytimes.com/external/readwriteweb/2009/11/23/23readwriteweb-online-retail-thriving-8-growth-expected-th-45446.html

 

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