Tag Archives: Convenience Store

Alfamart to add 200 more stores in PH

(Source: BUsiness World | December 12, 2018) Indonesian mini-mart chain Alfamart is planning to open 200 new stores in the Philippines next year, which will bring Philippine store network to 600, according to a report by Fitch Ratings. The report said further that PT Sumber Alfaria Trijaya Tbk (Alfamart) is aggressively expanding its footprint in the Philippines where it partnered ...

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FamilyMart Philippines opens new generation store

(Source: Inside Retail Philippines | August 23, 2018) FamilyMart Philippines has opened new flagship store at the New Center in Clark Global City. The store, termed FamilyMart Generation 2, offers a wider range of food including snacks, fried chicken, pastries, beverages, and daily necessities, together with an enlarged cafe-style dining space. The Generation 2 model has a bright and airy ...

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Thai 7-Eleven hits headwinds

(Source: Inside Retail Asia | August 13, 2018) Thai 7-Eleven operator CP All has reported slowing profit growth, despite increased revenue. Net profit growth of 2.8 per cent was its weakest quarterly result in years, according to Thomson Reuters. Its net surplus was 4.78 billion baht (US$144.2 million). In the same period a year ago, growth reached 10.8 per cent. ...

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Sweet success for 7-Eleven Philippines

(Source: Inside Retail Philippines | July 27, 2018) 7-Eleven Philippines profit soared nearly 20 percent in the first six months of this year. Philippine Seven Corp, the local licensee of 7-Eleven convenience stores, posted a profit of P533 million for the period, 19.6 percent more than the same time last year, despite an increase in commodity prices. Philippine Seven said ...

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7-Eleven international business buoys Seven & I Holdings

(Source: Inside Retail Asia | July 10, 2018) Overseas growth in the 7-Eleven convenience store business drove a modest increase in profit for Japanese retail group Seven & I Holdings in the first quarter. While the challenges of a shrinking population, falling household spending and corresponding lacklustre economy in its home market subdued local performance, offshore growth continues to underpin ...

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Small store formats show strength in numbers in today’s local retail market

(Source: Nielsen Press Release | July 5, 2018) Grocery retailers continue their aggressive expansion to extend reach to where busy consumers live and work. While big supermarkets continue to extend their footprint, rapid expansion is being driven by the emergence of small format stores, according to performance management company, Nielsen. Small format stores are modern trade stores which appeal to ...

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7-Eleven Japan aims for two-hour deliveries

(Source: Inside Retail Asia | May 15, 2018) A two-hour delivery service for smartphone orders is about to be launched by 7-Eleven Japan, the country’s biggest convenience-store chain. “Net Konbini” (using the commonly shortened form of “convenience store” in Japanese) plans to cover 7-Eleven’s entire Japanese network of around 20,000 stores, following a soft launch at 25 stores in Hokkaido ...

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Puregold leaves Lawson store chain, sells out to partner

(Source: Manila Standard | April 27, 2018) Puregold Price Club Inc. of retail Lucio tycoon is exiting the convenience store business, with the sale of its entire 70-percent stake in Japanese retail chaon Lawson four years after venturing into the business. Puregold said in a disclosure to the stock exchange it accepted the offer of partner Lawson Japan to buy ...

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Expansion plans for Alfamart Philippines

(Source: Inside Retail Philippines | April 5, 2018) Alfamart Philippines owner Sumber Alfaria Trijaya plans to add 150 more outlets to its present 400. The Indonesian convenience store’s president/director Hans Prawiraafter says a deal for financing has been signed with Standard Chartered Bank in Jakarta. He says the current outlets are in greater Manila, but following “significantly positive” market response ...

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Phoenix completes FamilyMart acquisition

(Source: Manila Standard | January 11, 2018) Phoenix Petroleum Philippines Inc., a company led by businessman Dennis Uy, said Thursday it completed the acquisition of the entire shares of SIAL CVS Retailers Inc., FamilyMart Co. Ltd. and Itochu Corp. in Philippine FamilyMart CVS Inc. “A new exclusive area franchise agreement of the Family Mart branch of convenience store in the ...

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