MANILA, Philippines — Philippine Seven Corp. (PSC), which licenses 7-Eleven stores in the country, will open 500 new locations in 2015 as part of its expansion plan, according to Nacsonline.com.
Eighty-four stores opened in April, noted the article. Another 50 have been planned for May and June.
“The long-term agenda is to have a total of at least 400 more stores throughout the Philippines by year’s end,” said PSC business development division manager Francis Medina in the article. “We aim to do so by securing and investing in our market strongholds, and by constantly looking for viable partners and tapping new opportunities to secure ideal c-store locations.”
Read also: 7-Eleven to acquire nearly 200 c-stores
The plan allows the company to enter new cities in the nation with modern locations, reported the article. It will also create job and franchise opportunities for local residents.
7-Eleven operated nearly 1,300 c-stores in the country at the end of 2014, stated the article.
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