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Jul 24, 20077-11 plans to cut store operation expenditures
Philippine Seven Corporation (PSC), owner of the Seven-Eleven convenience stores (7-Eleven) in the country, is working out on some plans that would further reduce the outlets' operational spending.
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Jul 23, 20077-Eleven offers franchise
Philippine Seven Corp., plans to sell more franchise this year to meet its goal of setting up 70 new stores for the year. It has established 24 new ones and half of the 46 to go will be franchises.
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Jul 23, 2007Phil. 7 will spend P600M for expansion
PUBLICLY traded Philippine Seven Corp. (PSC) is planning to spend P300 million in 2008 to bankroll 80 new 7/Eleven convenience stores in Metro Manila and key cities in Luzon.
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Jul 21, 20077-Eleven allots P300M for expansion
Phil-Seven Corp., the Philippine franchise holder for the 7-Eleven chain of convenience stores, is setting aside over P300 million for the establishment of new branches and the refurbishment of existing ones in line with efforts to further cement its dominant foothold in the competitive industry.
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Jul 21, 20077-11 seen to grow by 80 stores in year 2008
Philippine Seven Corp., the local licensee of the 7-Eleven chain of convenience stores plans to put up an additional 80 stores for the year 2008.
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Jul 21, 20077-Eleven to open 150 stores
PHILIPPINE SEVEN CORP. (PSC), OPERATOR of the 7-Eleven chain of 24-hour convenience stores in the country, is opening at least 150 stores starting this year until 2008, company president Jose Victor Paterno said.
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Jul 21, 2007Phil. Seven allots P600 M to open 150 additional outlets
Philippine Seven Corporation, the local licensee of the 7-Eleven chain of convenience stores, is allotting P600 million for capital expenditures to open 150 new outlets this year up to 2008.
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Jul 21, 20077-11 ups spending for stores
The local operator of the 7-Eleven convenience store chain plans to spend more than half a billion pesos to put up hundreds of stores this year and next.
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Apr 23, 2005Local 7-Eleven chain incurs net loss of P2.5M in 2004
Higher expenses and finance costs weighed down on the financial performance of publicly-listed convenience store chain Philippine Seven Corp. as it incurred a net loss of P2.46 million last year, a reversal from the P9.27-million profit reported in 2003.
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Jan 13, 2005PSC appoints New President
James Hsieh, Vice-Chairman of Philippine Seven Corporation, the operator of the 7-Eleven chain of convenience stores, recently announced the appointment of Jose Victor Paterno as president effective January 1, 2005. Also appointed were Sam C.P. Liu as Vice-President , and Michael Zalamea as an independent director.
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Jun 9, 2004Philippine Seven to add 25 new stores by year end
Philippine Seven Corp., which runs the 7-Eleven chain of convenience stores, is targeting to add 25 new stores by the end of the year.
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Apr 20, 20047-Eleven sees 4.4% increase in sales this year
Philippine Seven Corp., the local franchise holder of 7-Eleven convenience stores, expects its sales to grow by 4.4% this year as it expands its presence in strategic locations.
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Mar 29, 20047-Eleven Acquires Binggo Stores for P130 million
Philippine Seven Corporation (PSC) signed a purchase agreement with Jollimart Philippines Corporation last March 22, 2004, transferring ownership of 35 Binggo store outlets. The purchase amounted to P130 million consisting of leasehold rights, building and improvements, and store equipment.
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