7-Eleven targets 20% annual sales growth in the Philippines

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19 April 2017 à 15h18

Updated on 10 May 2019 à 17h51

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1 minute

Publication: 19 April 2017 à 15h18, Updated on 10 May 2019 à 17h51

Reading time: 1 minute

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Publication

19 April 2017 à 15h18

Updated on 10 May 2019 à 17h51

Reading time

1 minute

Publication: 19 April 2017 à 15h18, Updated on 10 May 2019 à 17h51

Reading time: 1 minute

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To reach this growth, PSC, the licensee of the “7-Eleven” convenient stores, aims to build 412 stores in 2017 via an investment of €67 million. It will open 312 stores in the island of Luzon, 50 in Mindanao and 50 in the Visayas. 50% will be fully owned units and 50% will be franchised. In March 2017, 7-Eleven had 2,000 stores in the Philippines. In 2016, PSC’s retail sales jumped by 23% to €612 million.

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