Best Posts in Thread: Robinson's mall is a ghostown

I'm sure the occupancy rate and lack of customers will eventually impact the job security of the current manager. If this happens before the mall falls into an even greater state of disrepair and desolation and cannot be salvaged under its current franchise name is yet to be seen. I've seen some pretty desolate malls in the Philippines lose their franchise and then be turned into more of a local market style setup or be taken over by another large mall franchise and brought back to life.

 

Alot of the stuff made in china is good stuff made under licence from western companys under strict guidelines but the stuff that arrives here is mostly fake junk.

 

RRHI profit down 32.4% as of June

Gokongwei-led retailer Robinsons Retail Holdings Inc. (RRHI) booked P1.77 billion in first semester net profit, down 32.4 percent from the same period last year as noncash interest expense on lease liability ballooned following a shift to new accounting standards.

RRHI reflected the year-to-date impact of adopting the new accounting standard on leases under Philippine Financial Reporting Standards (PFRS)16.

Read more: https://business.inquirer.net/276091/rrhi-profit-down-32-4-as-of-june#ixzz5vZmASAKv

 

Anyway lets get back to robinsons mall in dumaguete!

 

It makes you wonder if they have found some serious probs with the foundations in robinsons mall and its being kept quiet for the time being. Im sure a few will remember the 2 yr pause due to foundation probs and have seen the subsidence at the back along with popped tiles everywhere. Maybe they will tear it down and re build it.

 

Even alot of the so called branded goods in the department store in robs are chinese junk.