30 Best Business Leaders of the Year 2019 30 Best Business Leaders of the Year 2019 | Page 12

Robina Y. Gokongwei-Pe, Robinsons Retail Holdings, Inc. Director and CEO: ‘We at Robinsons Retail Continuously Strive to Tackle New Horizons in the Philippine Retail Industry’ “We have found ways to better understand our shoppers and delighting them with products and services that are responsive to their needs and preferences.” T echnology has already transformed the retail industry beyond recognition– now, almost every customer is an online customer, from your teenage son to your ageing mother. The end-to-end customer journey now begins with online research and product comparison, and complaining about a product or service is as easy and public as sending a tweet or Facebook comment, prompting immediate action before reputational damage occurs. Where once businesses competed on price and availability, they now compete for search engine rankings and five-star customer reviews. This shift from in-store only to omnichannel spending has forced companies to make huge adjustments to the way they do business – and those who have failed to adapt have been left behind. In light of the foregoing, we’re thrilled to present Robinsons Retail Holdings, Inc. Robinsons Retail is one of the largest multi-format retailers in the Philippines. It operates a diverse brand portfolio with the following major formats: 12 september 2019 supermarket, department store, do-it-yourself, drugstore, convenience store, consumer electronics and appliances, toys, one-price concept store, international fashion and beauty specialty stores, and specialty coffee shops. The company was incorporated in 1980 and is headquartered in Quezon City, Philippines. Robinsons Retail Holdings, Inc: Synopsis Rewind From the company’s beginnings with the first opening of Robinsons Department Store in 1980 at Robinsons Place Manila, it has gained presence and has established consumer trust in major cities and communities across the archipelago. In 2017,Robinsons reached a store network of over 1,700 stores alongside more than 2,000 franchised branches of The Generics Pharmacy, which it acquired in 2016. To fulfil its part in nation- building, Robinsons strives to foster meaningful relationships with various business partners and create career opportunities for its diverse workforce. As the company expands, it ushers in the growth of modern retail in previously untapped markets. Robinsons engages both global and local suppliers to deliver safe and high-quality merchandise to its customers while implementing a holistic business development strategy geared towards corporate sustainability amidst a dynamic economic landscape. Robinsons establishes strong ties with leading mall developers in the country and serves as anchor tenants for Robinsons Malls which operates 47 malls in the country as of end 2017. With its 40 percent stake in Robinsons Bank, one of the fastest-growing commercial banks in the Philippines today, Robinsonsis exploring ways to enrich synergies between the bank and retail. The company constantly aims to incorporate new and innovative technologies into its operations. In December 2017, Robinsons acquired a minority stake in BeautyMNL. The company has likewise strengthened its presence in the e-commerce space with its partners, Lazada, Zalora and honestbee. The company also embraced cashless and mobile