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Philippine Seven Corp., the local licensee of 7-Eleven convenience stores, reported a 10.1 percent increase in its net income in the first six months to P356.5 million.

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The local licensee of 7-Eleven is expanding its scale of operations as it seeks to grow its stores to ward off intensifying competition in the convenience store business.

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Jose Victor Paterno

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Philippine Seven Corp. (PSC), the local licensee of the 7-Eleven convenience store chain, said its profits surged by a little over a quarter last year due to the improvement in operating margin and continued store expansion all over the country.

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                    [Title] => 7-Eleven sets aside P2 B for expansion
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abtest

7-Eleven sets aside P3.5 B for new stores

By Iris Gonzales | March 10, 2017 - 12:00am

Philippine Seven Corp. (PSC), the local licensee of leading convenience store chain 7-Eleven, is pouring in P3.5 billion this year for the construction of 412 new stores.

Business

7-Eleven posts 10% higher profit in H1

By Iris Gonzales | July 27, 2015 - 10:00am

Philippine Seven Corp., the local licensee of 7-Eleven convenience stores, reported a 10.1 percent increase in its net income in the first six months to P356.5 million.

Business

7-Eleven’s Phl unit earns 28% more

March 13, 2015 - 12:00am

Philippine Seven Corp. (PSC), the local licensee of the 7-Eleven convenience store chain, said its profits surged by a little over a quarter last year due to the improvement in operating margin and continued store...

Business

7-Eleven hikes capex to P3 B this year

January 27, 2015 - 12:00am

Philippine Seven Corp. (PSC), the exclusive local licensee of convenience store chain 7-Eleven, is hiking its spending this year by more than 50 percent to support its aggressive store expansion plans.

Business

Philseven to double store count every 3 years

By Neil Jerome C. Morales | July 23, 2014 - 12:00am

The local licensee of 7-Eleven is expanding its scale of operations as it seeks to grow its stores to ward off intensifying competition in the convenience store business.

Business

7-Eleven unveils 3 'premium' meals, to spend biggest capex so far

By Cheryl M. Arcibal | May 6, 2014 - 11:47am

Philippine Seven Corp., which holds the master franchise of 7-Eleven Stores in the Philippines, is unveiling three "premium"...

Business

60 outlets will be in Cebu: Convenience store chain to open 120 more branches in Visayas

By Grace Melanie L. Lacamiento | February 15, 2014 - 12:00am

Due to the upbeat sales performance of the global convenience store chain in the region, the country’s licensee and the local franchisor of 7-Eleven targets to open 120 more branches in Visayas this year. Half...

Freeman Cebu Business

7-Eleven partners with Habitat

December 30, 2013 - 12:00am

Philippine Seven Corp. (7-Eleven Philippines) president and CEO Jose Victor Paterno (second from left) turns over the $1-million donation of 7-Eleven Japan to Habitat for Humanity Philippines.

The Good News

7-Eleven sets aside P2 B for expansion

By Louella Desiderio | February 25, 2013 - 12:00am

The local operator of convenience store chain 7-Eleven is upbeat on earnings this year as it plans to spend P2 billion for expansion, an official said.

Business

7-11 marks 7th franchise day

January 6, 2012 - 12:00am

Philippine Seven Corp. (PSC), the exclusive local licensee of the globally-successful 7-Eleven convenience store chain, marked the tribute to growing partnerships and top performing franchisees in the recent 7th...

Business