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Monday, October 23, 2017 | MANILA, PHILIPPINES
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   popular economics
Date posted: Thursday, April 20, 2017 | Manila, Philippines

7-ELEVEN Store Density: Are more consumers paying a premium for convenience?

Rising incomes, coupled with the round-the-clock lifestyle brought about largely by the boom in the business process outsourcing (BPO) industry, resulted in the proliferation of convenience stores around the country. 7-Eleven store operator Philippine Seven Corp. -- which was the highest ranked convenience store operator in last year's Top 1000 Corporations in the Philippines -- reported a 17% increase in its bottomline for 2016, along with a 24.5% increase in the number of stores being put up. -- BWResearch: Leo Jaymar G. Uy; BWGraphics: Bong R. Fortin

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