Intentar ORO - Gratis
7-Eleven eyeing VisMin markets
Manila Bulletin
|May 24, 2025
Philippine Seven Corp. (PSC), the local licensee of 7-Eleven convenience stores in the country, is aiming to significantly expand its presence in Visayas and Mindanao this year to tap into the strong consumer demand in both regions.
PSC President and Chief Executive Officer (CEO) Jose Victor Paterno said the company is on track to open 500 stores in 2025, with more than half opening in Visayas and Mindanao.
“T think last year, almost half the new stores were in VisMin. More than half this year will be in Vismin... because they are the most profitable, where there's the most consumer demand,” Paterno said on the sidelines of a media event hosted by the Makati Business Club (MBC) on Thursday, May 22.
By the end of 2024, PSC is operating a total of 4,130 stores—1,974 of which are franchise stores and the remaining 2,156 are company-owned. For the year alone, 399 new stores were opened.
Focusing on Visayas and Mindanao
Focusing on Visayas and Mindanao is part of the company’s strategy to strengthen its expansion strategy outside its robust presence in Metro Manila and Luzon.
Esta historia es de la edición May 24, 2025 de Manila Bulletin.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Manila Bulletin
Manila Bulletin
DBP needs longer dividend relief to recover MIC capital
State-run Development Bank of the Philippines (DBP) will continue to seek regulatory and dividend relief for several more years as it aims to recover the capital it infused into the Maharlika Investment Corp. (MIC).
1 mins
December 2, 2025
Manila Bulletin
FLI deploys P2 B for 10 new projects
Gotianun-led Filinvest Land Inc. (FLI) reported that it has reinvested ₱1.86 billion raised from the share buyback and exchange for Filinvest REIT Corporation (FILRT) shares executed on December 11, 2024.
1 min
December 2, 2025
Manila Bulletin
Olivarez captures back-to-back Open titles
Eric Jed Olivarez further solidified his status as one of Philippine tennis' brightest stars after clinching the Mayor Edwin Olivarez National Open Tennis Championship crown for the second straight year, emphatically defeating the same opponent he swept in last year's finals.
1 min
December 2, 2025
Manila Bulletin
An indelible trademark for nat'l athletes
The design went public June last year on the track suits of Filipino athletes while in training camp in Metz for the Paris Olympics Last October, Filipino athletes at the World Games in Chengdu last August were all clad in a perked up and more colorful tracksuits and podium shirts, and the same uniforms were worn at the Asian Youth Games in Manama in October.
1 min
December 2, 2025
Manila Bulletin
PH to miss 2025 growth target
Corruption taking heavy toll on economy
2 mins
December 2, 2025
Manila Bulletin
Angara: 2026 DepEd budget to sustain universal, targeted school feeding
Department of Education (DepEd) Secretary Sonny Angara on Monday, Dec. 1, said the 2026 budget of the DepEd will allow the agency to sustain its combined approach of universal and targeted school feeding, as lawmakers approved a significant increase to strengthen the government's efforts to curb undernutrition and support early learning.
1 mins
December 2, 2025
Manila Bulletin
Corruption scandal hits investor trust
Japanese financial giant MUFG Bank Ltd. said investors have turned pessimistic following heightened political risks, but the relative strength of the Philippine peso is buoying sentiment.
1 mins
December 2, 2025
Manila Bulletin
PNP, Informatics ink education pact to boost digital skills of cops
The Philippine National Police (PNP) said Friday, Nov. 28, that it has expanded its push for atechnology-skilled and future-ready force through a newly signed educational partnership with Informatics Philippines and PNP Foundation, Inc. (PNPFI).
1 mins
December 2, 2025
Manila Bulletin
Borrowing costs drop on S&P nod
The Marcos administration borrowed P25 billion through the sale of short-dated Treasury bills, exceeding its planned amount of P22 billion, as lower borrowing costs and a recent affirmation from debt watcher S&P Global Ratings boosted investor appetite.
2 mins
December 2, 2025
Manila Bulletin
Pag-IBIG Fund assists 3.2 million members through cash loans in Jan-Oct, up 28%
Pag-IBIG Fund helped 3.2 million Filipino workers meet their immediate financial needs through its short-term loan (STL) programs from January to October 2025, marking a 28% increase in borrowers compared to the same period last year, officials announced on Monday, Dec 1.
2 mins
December 2, 2025
Listen
Translate
Change font size

