Stock News 2012: 7-11 reinvents retail shopping

7 Eleven sign in L.A. (Photo credit: Tommy Ironic)

In an effort to meet and bridge the needs of changing lifestyles, world-renowned convenience store 7-Eleven reinvents retail shopping with a new design along with a brand re-imaging campaign that aims to boost the chain’s sales and customer traffic.

Following the same success of its Taiwan prototype, the c-store’s recent upgrade came after more than 25 years since it first arrived in the country through its exclusive licensee, Philippine Seven Corp. (PSC).

According to the company’s research, the reinvention of the store, which includes re-layouting, improved display visuals and inclusion of energy-efficient technology as part of the “store of the future” design principles, makes it easier for customers to shop, and enjoy the whole shopping experience.

“By elevating the shopping ambiance in our stores, customers are attracted to spend more time, thus are more likely to buy more items. Our island food table, for example, is very helpful in motivating and informing our patrons of the latest food products while optimizing space,” said Francis Medina, Business Development Division Manager for PSC.

The sleeker floor space design -- which is patterned after 7-Eleven Taiwan c-stores but with customized functional features that fit Filipino consumers’ preferences – transformed the entire area into an efficient work and customer space.

The new “de-cluttered” format will also prevent customers from feeling like they are in a cramped store and gives them more room to browse and shop at ease, he noted.

Besides the maximized space, the new store layout has also allotted a significant area for in-store dining, complete with wider tables and more seats. Improved graphic food banners were also utilized, as well as an island food table that makes quick viewing of perishables, fresh foods and other quick-serve offerings.

“The island food table is a very new concept, and indeed worked best in bringing the food products closer to people, and the image of 7-Eleven as not just a convenience store but as a viable food shop,” Medina added.

http://www.philstar.com/Article.aspx?publicationSubCategoryId=66&articleId=864464

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Stock News 2011: 7-Eleven chain sees P10-B revenues

Image via Wikipedia
Philippine Seven Corp., operator of the country’s largest convenience store chain 7-Eleven, expects sales to hit P10 billion this year from P9 billion last year as the company is lording it over competition with 750 total stores by end of this year.

Victor Paterno, president and CEO Philippine Seven Corp., told reporters at the press launch for the Franchise Asia Conference 2011 to be held here in September this year, they are going to open its 600th store on Wednesday in McKinley Hill, Fort Bonifacio .

They have targeted to open 150 new stores this year of which 60 had been opened already. There were only 500 7-Eleven stores last year with 50 percent located in Metro Manila.

With the aggressive store openings, the company has allocated between P600 million to P700 million capital expenditures this year.

Its closest competitor is Mini-Stop but is way below in terms of the number of stores. 7-Eleven accounts for 50 percent of the total convenience store sector.

7-Eleven has also saturated most call center buildings in the metropolis with an estimated 100 stores.

http://mb.com.ph/node/325441/7eleven-chain-

Stock Analysis 2010: Philippine Seven Corp (SEVN)

As of August 20, 2010 1:10PM ET

SNAPSHOT OF PHILIPPINE SEVEN CORP (SEVN)

OPEN $19.00		PREVIOUS CLOSE $18.80
DAY HIGH $19.00		DAY LOW $18.80
52 WEEK HIGH 08/17/10 - $20.00		52 WEEK LOW 10/12/09 - $2.90
MARKET CAP 5.4B		AVERAGE VOLUME 10 D 2.8K
EPS TTM $0.54		SHARES OUTSTANDING 287.1M
EX-DATE 08/24/10		P/E TTM 34.8x
DIVIDEND $0.05		DIVIDEND YIELD --
K = Thousands  M = Millions  B = Billions

INDUSTRY ANALYSIS

Valuation	SEVN	Industry Range
Price/Earnings	35.7x	Not meaningful
Price/Sales	0.8x
Price/Book	6.1x
Price/Cash Flow	357.8x
TEV/Sales	8.3x
SEVN

SEVN DETAILS

Philippine Seven Corporation operates a retail chain of convenience stores in the Philippines. Its stores offer beverages, food service items, fresh foods, hot foods, frozen foods, confectioneries, cookies and chips, personal care products, groceries, and other daily needs and services. As of December 31, 2009, the company operated 447 stores, including 166 franchise stores. It also engages in the management, development, sale, exchange, and holding of real estate properties, including buildings, houses, and apartments and other structures. The company is based in Mandaluyong City, the Philippines. Philippine Seven Corporation is a subsidiary of President Chain Store (Labuan) Holdings Ltd.
Detailed SEVN:PM Company Description...
www.7-eleven.com.ph
707 Employees


SEVN TOP COMPENSATED OFFICERS

No compensation data is available at this time for the top officers at this company.
Executives, Board Directors


KEY DEVELOPMENTS FOR PHILIPPINE SEVEN CORP (SEVN)

Philippine Seven Corp. Reports Earnings Results for the Second Quarter and First Half 2010; to Invest PHP 2.5 Billion in Stores
08/17/2010
Philippine Seven Corp. reported earnings results for the second quarter and first half 2010. The second-quarter performance pushed first-half net income to PHP 130.81 million, almost triple from PHP 52.75 million the previous year. The improvement in sales can be attributed to various factors such as the favorable effect of a recovering economy, good weather conditions, and increased spending in connection with the national and local elections. Total revenues, grew by 33.81% to PHP 2.19 billion in the second quarter. New franchise operators also boosted the store base and resulted in higher franchise revenues of PHP 113.89 million [from PHP 78.309 million in the second quarter last year. Total revenues, grew by 30.93% to PHP 4.07 billion in the first half. First-half franchise revenues jumped by 40% to PHP 210.46 million. The retailer will invest PHP 2.5 billion to hike the number of stores to 1,000 by 2013, from 500 as of end-July.

Philippine Seven Corp. expected to report Q2 2010 results on August 20, 2010. This event was calculated by Capital IQ (Created on August 14, 2010).
08/14/2010
Philippine Seven Corp. expected to report Q2 2010 results on August 20, 2010. This event was calculated by Capital IQ (Created on August 14, 2010).

Philippine Seven Corp. Approves Dividend Payable on September 23, 2010
07/29/2010
Philippine Seven Corp. announced that the board of directors, approved dividend declaration of PHP 0.5 per share. The record date for entitlement to said cash dividend shall be August 27, 2010 and the payment date shall be on September 23, 2010.

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=SEVN:PM