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Robinsons Retail Aims to Boost Online Sales Up to Threefold
Ian Sayson, Bloomberg News
A pedestrian walks in front of the Robinsons Retail Holdings Inc., head offices in Manila, the Philippines, on Friday, June 21, 2019. Robinsons Retail is considering an exit from the fashion business as it struggles to compete with cheaper, faster chains like Fast Retailing Co.’s Uniqlo. Photographer: Veejay Villafranca/Bloomberg
, Bloomberg
(Bloomberg) Robinsons Retail Holdings Inc. plans to increase its e-commerce business to between 2% and 3% of total sales this year by expanding the company’s online presence through its own Internet platforms and others.
The Philippine retailer’s e-commerce sales reached 1.1% of total revenue last year, up from 0.4% in 2019, as consumers migrated to online purchases because of the pandemic, according to a release from the company distributed in a virtual investors’ ....

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