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Robinsons Retail to close 11 No Brand stores by end of June
Robinsons Retail Holdings Inc. plans to close all 11 No Brand grocery stores across the Philippines by the end of June.
The company cited shifting consumer preferences and the need to focus on formats that offer sustainable returns.
The closures will not impact the company's financial results, as the brand accounted for only 0.2% of annual sales.
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Robinsons Retail cerrará 11 tiendas No Brand para finales de junio