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                    [ArticleID] => 179798
                    [Title] => 7-Eleven expects to incur a loss this year
                    [Summary] => Convenience store market leader, 7-Eleven, expects to incur a loss this year due to a depressed market and increased competition from upstarts.


According to Philippine Seven Corp. chairman Vicente T. Paterno, 7-Eleven posted a loss during the first half of the year.


While the company is doing better in the second half of the year. Paterno said, it does not expect to be able to wipe out its deficit in the first half.


                    [DatePublished] => 2002-10-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
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TRADE AND INDUSTRY AND FINANCE SECRETARY JOSE T

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                    [ArticleID] => 179798
                    [Title] => 7-Eleven expects to incur a loss this year
                    [Summary] => Convenience store market leader, 7-Eleven, expects to incur a loss this year due to a depressed market and increased competition from upstarts.


According to Philippine Seven Corp. chairman Vicente T. Paterno, 7-Eleven posted a loss during the first half of the year.


While the company is doing better in the second half of the year. Paterno said, it does not expect to be able to wipe out its deficit in the first half.


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                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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7-Eleven expects to incur a loss this year

By Marianne V. Go | October 14, 2002 - 12:00am

Convenience store market leader, 7-Eleven, expects to incur a loss this year due to a depressed market and increased competition from upstarts. According to Philippine Seven Corp. chairman Vicente T. Paterno, 7-Eleven...

Business