WELLNESS IN BUSINESS: Major retailers in the Philippines are expanding toward the convenience store space as competition and demand for the business grows. This could be attributed to the growth of the business process outsourcing (BPO) industry and the changing lifestyle of the people due to improving income of the middle class

Puregold takes in Japan's Lawson for a cut in Philippine convenience store business | Economy | GMA News Online: "The decision to go into the convenience store business is a "natural extension of Puregold's presence in the local retail landscape," the disclosure read.
 
"It's a different format from our present businesses," Perez said. At present, the company operates hypermarkets through "Puregold Price Club," supermarkets under "Puregold Junior" and discounters through "Puregold Extra."
 
It also has S&R Membership Shopping, a wholesale and retail supermarket chain which caters mostly to registered members.
 
"We're basically going into food service with Lawson," the company official added.
 
According to its website, Lawson is a Japanese retailer which operates over 11,000 convenience stores throughout Japan. It also operates stores in China, Thailand, Indonesia and Hawaii.
 
 
In April, the SM Group said it intends to operate convenience stores this year as part of its business expansion and strategy.
 
The Villar group of former Senator Manuel B. Villar is also joining the fray via All Day which was originally called Finds Store.
 
In November 2012, Ayala Land brought Japanese convenience store FamilyMart into the Philippines after its joint venture with Tantoco-led Rustan's group signed a shareholder agreement with FamilyMart Co. Ltd. and Itochu Corp. 
 
The Gokongwei group, under Robinsons Convenience Stores Inc., has been operating Mini Stop since 2001. Mini Stop is a Japanese convenience store chain owned by the Mitsubishi Group of Japan.
 
Meanwhile, Philippine Seven Corp. is the local franchise holder of 7-Eleven convenience stores. – VS, GMA News
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