7-Eleven Philippines Celebrates 4,000th Store Milestone: A 40-Year Journey of Growth and Innovation
At the 7-Eleven 4000th store milestone press conference held on October 15, 2024, at the Sakura and Momiji Function Rooms of Hotel Okura, Newport District, Pasay City, Mr. Jose Victor Paterno, President and CEO of Philippine Seven Corp., and Mr. Lawrence De Leon, Head of Finance and Accounting Services Division and Investor Relations Officer, shared the company’s achievements and future plans. A Remarkable Journey: 40 Years of Convenience Mr. Paterno kicked off the event by reflecting on the company’s extraordinary journey since its inception in 1984. He shared the story of how his father and two partners started 7-Eleven in the Philippines with a modest capital of ₱3 million. The business faced tough challenges in its early years due to high interest rates and economic instability but steadily grew to reach the 4,000-store milestone today. "It took us 40 years—10 years for the first 40 stores, another 10 years for the next 200, and then 10 years for the next 1,000. And now, with
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