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News and Events

How the Killing of Ninoy Aquino Almost Scuttled 7-Eleven PH Shortly After the Company's Birth

Co-founder Vicente Paterno recalls how the incorporators almost gave up as economy began to free-fall

Go to any city in the Philippines and chances are you’ll find more than one 7-Eleven branch in the vicinity. With its brightly lit stores that are open 24 hours, the brand is now a name familiar to most Filipino consumers.But unknown ...

by Pauline Macaraeg  | August 21, 2018 08:00:00
News and Events

7-Eleven, Robinsons, Puregold or SM: Which Retailer Benefited the Most From TRAIN Law?

Giant store chains enjoy revenue boost in the first half of 2018 thanks to personal income tax cuts

The personal income tax cuts mandated by the Tax Reform for Acceleration and Inclusion (TRAIN) law that took effect in January 2018 may have been sizeable but their impact on overall economic growth is anything but.With higher take home pay, workers and employees ...

by Elyssa Christine Lopez  | August 17, 2018 01:00:00
News and Events

FamilyMart Store Network Shrinks Sharply Before It Could Take Off

Despite backing from Ayala Land and Rustan’s Group, the Japanese convenience store isn't growing as expected

Four years after setting up its first store in the country in 2013, the prospects for the Philippine operations of Japanese convenience store chain FamilyMart have suddenly turned uncertain.On October 9, the Philippine Daily Inquirer reported that FamilyMart’s retailing operations in the ...

by Elyssa Christine Lopez  | October 12, 2017 12:00:00
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