Public Markets and Convenience Stores - Page 5

Ex!lE · February 18th, 2009, 09:46 AM

7-Eleven eyes Visayas, Mindanao

Listed 24-hour convenience store operator Philippine Seven Corp. is considering opening branches in the Visayas and Mindanao, most likely next year.

The operator of the 7-Eleven chain of stores also seeks to open 80 more branches this year as part of efforts to expand its network in Northern and Southern Luzon.

Philippine Seven Comptroller Lawrence de Leon said the 80 new stores would bring 7-Eleven’s store count to 450 by year-end. The company ended 2008 with 370 stores.

Out of the 80 new stores this year, 40 will be company-owned, while the other half will be opened through franchising. "We hope to have a 50-50 mix in company-owned and franchised stores by the end of the year," Mr. de Leon said. At the end of last year, 45% of 7-Eleven stores were company-owned.

Small convenience stores usually sell junk food such as candies, ice cream and soft drinks, as well as wine, lottery tickets, newspapers and magazines, along with a small selection of food and grocery supplies.

Stores that are part of gas stations may also sell motor oil, maps and other transport-related products.

These stores are often located along busy roads, in densely populated urban neighborhoods. Most are open 24 hours, but customers often pay for higher prices in exchange for this convenience.

The company has allotted P240 million for store expansion this year. Mr. de Leon said they would spend P4 million each for the construction and acquisition of equipment of the 40 company-owned stores. They are spending P2 million each for the 40 franchised outlets.

He said much of the budget for store construction would be financed by the company’s own cash.

"We intend to be aggressive in opening stores in major towns and cities outside Metro Manila. We are optimistic about 7-Eleven’s prospects for 2009," Mr. de Leon said.

He said 7-Eleven would also open new outlets in Metro Manila, particularly in high transit areas, and office locations of call centers and business process outsourcing companies.

Philippine Seven operates the largest convenience store network in the country. Last year, it opened 70 new 7-Eleven stores, including the company’s first branches in Zambales and Bataan.

La Union, Baguio, Olongapo, Nueva Ecija, Pampanga, Bulacan, Laguna, Quezon, Cavite and Metro Manila are still open for franchising, it said.

Convenience stores earlier said they remained optimistic about growth even if the slowing global economy had forced a number of companies to reconsider their spending plans for the year.

Philippine Seven Corp. President and Chief Executive Officer Victor P. Paterno earlier said convenience stores were not affected by the cyclical factors of a particular industry since demand for food would always be there.

Mr. Paterno said they had noticed an increase in demand for their food service, especially their rice meal and coffee products, particularly in stores located in business districts.

The businessman said some consumers trying to save money have shifted to convenience stores for their fastfood needs.

He also said they were looking at lowering prices to respond to consumers’ needs.

Rival Ministop is looking at opening 85 new stores this year to bring the total to 310. Last year, the company opened 38 new outlets.

Shell Select has also more than doubled its branches to 158 over the past two years. It earlier said it planned to invest around P50 million this year to expand its network, but declined to say by how many. A spokesman said the company was capitalizing on the expanding business process outsourcing industry to grow its business.

bonixx · March 23rd, 2009, 11:32 AM

Guinyangan Quezon!
-ngayon lang ako nagkaroon ng idea sa bayang ito abay pumoporma din pala...
Public Market

Terminal

Fish Port

source:www.guinyangan.com

leml · March 23rd, 2009, 01:05 PM

Baket wala dito ang Davao Central Convenience Store na umabot pa outside Davao City? Lol.
1 in Samal and some in other Davao provinces, right?

national guard · March 23rd, 2009, 03:12 PM

Quote:

Originally Posted by leml

Baket wala dito ang Davao Central Convenience Store na umabot pa outside Davao City? Lol.
1 in Samal and some in other Davao provinces, right?

Now it's here bai, nag-post ka na kasi so na-include na!

kiretoce · March 24th, 2009, 02:45 AM

Quote:

Originally Posted by leml

Baket wala dito ang Davao Central Convenience Store na umabot pa outside Davao City? Lol.
1 in Samal and some in other Davao provinces, right?

Got a photo of it?

tyronne · March 24th, 2009, 04:04 AM

Ang linis naman ng bayan nila

leml · March 24th, 2009, 02:21 PM

I will, when my camera returns. Hahaha.

Or I'll ask some Davao forumers to do so

national guard · March 24th, 2009, 08:31 PM

Quote:

Originally Posted by leml

I will, when my camera returns. Hahaha.

Or I'll ask some Davao forumers to do so

Saan ba pumunta ang camera mo bai?

Yre · March 24th, 2009, 08:45 PM

Oo nga ano, why no one did post Davao Central Convenience Stores here.

I can still remember back then in the late 90's when there was only one 24hour convenience store i knew in Davao City and now almost every block you can find one.

I've always thought it will kill the smaller sari-sari store but it seems i'm going to be wrong.

kiretoce · March 25th, 2009, 02:31 AM

Araw-Araw! Gabi-Gabi! Sari-Sari!

How's that for a 24-hour convenience store slogan?

boy muscovado · March 27th, 2009, 08:41 PM

Quote:

Originally Posted by kiretoce

Araw-Araw! Gabi-Gabi! Sari-Sari!

How's that for a 24-hour convenience store slogan?

I really like that one!!!!

leml · March 28th, 2009, 05:21 AM

Quote:

Originally Posted by Yre

Oo nga ano, why no one did post Davao Central Convenience Stores here.

I can still remember back then in the late 90's when there was only one 24hour convenience store i knew in Davao City and now almost every block you can find one.

I've always thought it will kill the smaller sari-sari store but it seems i'm going to be wrong.

Do you mean PX the one along Quirino? Haha!

Now, Convenience is sprouting everywhere. In almost every block!

Btw, my mum brought my camera with her to the land down under

national guard · March 28th, 2009, 07:49 AM

Quote:

Originally Posted by leml

Do you mean PX the one along Quirino? Haha!

Now, Convenience is sprouting everywhere. In almost every block!

Btw, my mum brought my camera with her to the land down under

Pabili ka ng bago

Opps, I know OT na....

leml · March 28th, 2009, 11:59 AM

Quote:

Originally Posted by national guard

Pabili ka ng bago

Opps, I know OT na....

Abandoned na kami technically. Wala pa akong access sa mga pera. HAHAHA x]

jpdm · March 28th, 2009, 03:04 PM

Quote:

Originally Posted by bonixx

The San Miguel Food Shop is a retail outlet that showcases San Miguel food and beverage products to further widen product availability and perk-up consumption.

SMC is looking for owners of about 70 to 100 sq m commercial space in high traffic areas. The owners should be willing to operate or manage the business directly.

Actually, I read in a newspaper, the moment San Miguel decided to take the majority in Petron, San Miguel will convert the Treats convenience stores into san Miguel shops.

jpdm · March 28th, 2009, 03:05 PM

Manny Villar has also entered the 24 hour convenience store.

xednanx · March 28th, 2009, 04:30 PM

^ano yung convenience store niya? Camella Store? wahohoho

jpdm · March 29th, 2009, 01:05 PM

Quote:

Originally Posted by xednanx

^ano yung convenience store niya? Camella Store? wahohoho

I forgot the name.

pilot store nasa Camella Bacoor cavite.

Rodel · April 22nd, 2009, 10:25 PM

padre garcia in batangas

kiretoce · November 12th, 2009, 03:40 AM

This thread needs a bump!

March 23rd, 2009, 11:32 AM	#82
bonixx Registered User Join Date: Nov 2005 Location: Lucena City,Fairview,Camarin & Silang Cavite Posts: 394 Likes (Received): 30	Guinyangan Quezon! -ngayon lang ako nagkaroon ng idea sa bayang ito abay pumoporma din pala... Public Market Terminal Fish Port source:www.guinyangan.com __________________ BlagaBoOoOMing LC!

March 24th, 2009, 04:04 AM	#86
tyronne Khal vezhven! Join Date: Nov 2004 Location: Villasis, Pangasinan, PH Posts: 1,789 Likes (Received): 23	Ang linis naman ng bayan nila __________________ myflickr 1 \| myflickr 2 \| facebook

March 25th, 2009, 02:31 AM	#90
kiretoce I got my eye on you. Join Date: May 2004 Location: United States of Amnesia Posts: 19,691 Likes (Received): 19	Araw-Araw! Gabi-Gabi! Sari-Sari! How's that for a 24-hour convenience store slogan? __________________ You're gonna wish you never had met me. Tears are gonna fall, rolling in the deep.

November 12th, 2009, 03:40 AM	#100
kiretoce I got my eye on you. Join Date: May 2004 Location: United States of Amnesia Posts: 19,691 Likes (Received): 19	This thread needs a bump! __________________ You're gonna wish you never had met me. Tears are gonna fall, rolling in the deep.

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February 18th, 2009, 09:46 AM	#81
Ex!lE far away from motherland Join Date: Nov 2006 Location: Houston Posts: 287 Likes (Received): 0	7-Eleven eyes Visayas, Mindanao Listed 24-hour convenience store operator Philippine Seven Corp. is considering opening branches in the Visayas and Mindanao, most likely next year. The operator of the 7-Eleven chain of stores also seeks to open 80 more branches this year as part of efforts to expand its network in Northern and Southern Luzon. Philippine Seven Comptroller Lawrence de Leon said the 80 new stores would bring 7-Eleven’s store count to 450 by year-end. The company ended 2008 with 370 stores. Out of the 80 new stores this year, 40 will be company-owned, while the other half will be opened through franchising. "We hope to have a 50-50 mix in company-owned and franchised stores by the end of the year," Mr. de Leon said. At the end of last year, 45% of 7-Eleven stores were company-owned. Small convenience stores usually sell junk food such as candies, ice cream and soft drinks, as well as wine, lottery tickets, newspapers and magazines, along with a small selection of food and grocery supplies. Stores that are part of gas stations may also sell motor oil, maps and other transport-related products. These stores are often located along busy roads, in densely populated urban neighborhoods. Most are open 24 hours, but customers often pay for higher prices in exchange for this convenience. The company has allotted P240 million for store expansion this year. Mr. de Leon said they would spend P4 million each for the construction and acquisition of equipment of the 40 company-owned stores. They are spending P2 million each for the 40 franchised outlets. He said much of the budget for store construction would be financed by the company’s own cash. "We intend to be aggressive in opening stores in major towns and cities outside Metro Manila. We are optimistic about 7-Eleven’s prospects for 2009," Mr. de Leon said. He said 7-Eleven would also open new outlets in Metro Manila, particularly in high transit areas, and office locations of call centers and business process outsourcing companies. Philippine Seven operates the largest convenience store network in the country. Last year, it opened 70 new 7-Eleven stores, including the company’s first branches in Zambales and Bataan. La Union, Baguio, Olongapo, Nueva Ecija, Pampanga, Bulacan, Laguna, Quezon, Cavite and Metro Manila are still open for franchising, it said. Convenience stores earlier said they remained optimistic about growth even if the slowing global economy had forced a number of companies to reconsider their spending plans for the year. Philippine Seven Corp. President and Chief Executive Officer Victor P. Paterno earlier said convenience stores were not affected by the cyclical factors of a particular industry since demand for food would always be there. Mr. Paterno said they had noticed an increase in demand for their food service, especially their rice meal and coffee products, particularly in stores located in business districts. The businessman said some consumers trying to save money have shifted to convenience stores for their fastfood needs. He also said they were looking at lowering prices to respond to consumers’ needs. Rival Ministop is looking at opening 85 new stores this year to bring the total to 310. Last year, the company opened 38 new outlets. Shell Select has also more than doubled its branches to 158 over the past two years. It earlier said it planned to invest around P50 million this year to expand its network, but declined to say by how many. A spokesman said the company was capitalizing on the expanding business process outsourcing industry to grow its business.

March 23rd, 2009, 01:05 PM	#83
leml Minor Captain Join Date: Apr 2008 Location: Pripyat Posts: 262 Likes (Received): 0	Baket wala dito ang Davao Central Convenience Store na umabot pa outside Davao City? Lol. 1 in Samal and some in other Davao provinces, right?

March 24th, 2009, 02:21 PM	#87
leml Minor Captain Join Date: Apr 2008 Location: Pripyat Posts: 262 Likes (Received): 0	I will, when my camera returns. Hahaha. Or I'll ask some Davao forumers to do so

March 24th, 2009, 08:45 PM	#89
Yre BANNED Join Date: Oct 2007 Posts: 1,212 Likes (Received): 0	Oo nga ano, why no one did post Davao Central Convenience Stores here. I can still remember back then in the late 90's when there was only one 24hour convenience store i knew in Davao City and now almost every block you can find one. I've always thought it will kill the smaller sari-sari store but it seems i'm going to be wrong.

March 28th, 2009, 03:05 PM	#96
jpdm In the brig Join Date: Jun 2007 Location: flag capital Posts: 2,658 Likes (Received): 284	Manny Villar has also entered the 24 hour convenience store.

March 28th, 2009, 04:30 PM	#97
xednanx Registered User Join Date: May 2007 Posts: 46 Likes (Received): 0	^ano yung convenience store niya? Camella Store? wahohoho

April 22nd, 2009, 10:25 PM	#99
Rodel Registered User Join Date: May 2006 Posts: 1,133 Likes (Received): 0	padre garcia in batangas