Robinsons Retail Holdings, Inc. (RRHI) announced Wednesday the closure of its No Brand standalone stores in the Philippines, gradually winding down operations of all 11 stores by the end of June 2026.
In a disclosure to the Philippine Stock Exchange, RRHI said this development is consistent with the Company’s overall strategy and reflects its ongoing efforts to simplify its portfolio and focus on retail formats that deliver strong and sustainable returns.
No Brand was introduced to the Philippine market in 2019 through a master franchise agreement between RRHI and Emart of South Korea, owner of No Brand, under which RRHI operated dedicated No Brand stores nationwide.
RRHI does not expect a material impact on its financial performance from the store closures, as No Brand accounts for approximately 0.2 percent of annual net sales and constitutes a very small portion of the Company’s total assets.
Furthermore, No Brand’s 11 stores are immaterial relative to RRHI’s network of more than 2,700 company-owned stores—including 157 Robinsons Supermarket, 159 Robinsons Easymart, 38 The Marketplace, 16 Shopwise, and 415 Uncle John’s under its food segment—and over 2,100 franchised TGP branches, as of December 31, 2025.
“The decision reflects evolving consumer preferences and how customers are choosing to shop across our retail formats,” said RRHI President and CEO Stanley C. Co. “Our focus remains on meeting customer needs by providing relevant assortments in the most appropriate formats. We thank Emart for the partnership over the past several years.”
