7-Eleven builds logistics business with store, warehouse network

Cathy Yang, ABS-CBN News

MANILA - The operator of 7-Eleven in the Philippines said it would leverage its convenience store and warehouse network to build a logistics business.Stores of 7-Eleven will serve as pick-up points for items ordered online, in the same way some Walmart outlets function in the US, said Philippine Seven Corp president and CEO Jose Victor Paterno.The convenience store chain also handles financial transactions such as bills payment and reloading of prepaid phone and data accounts. Paterno said 7-Eleven handles 1,000 transactions daily.&quot;E-commerce comes up at the right time for us. In a market that is logistically challenged, logistically difficult we built out, and I can prove this mathematically, the most efficient logistics network,&quot; Paterno told ANC&#x27;s The Boss in an exclusive interview.<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2017/business/09/07/cathy-711-090717.jpg?ext=.jpg"/><figcaption>Philippine Seven Corp president and CEO Jose Victor Paterno speaks to Cathy Yang for ANC&#x27;s The Boss.</figcaption></figure></div>The company operates 11 warehouses nationwide and overcomes the country&#x27;s island geography to deliver to 2,000 stores daily, he said.The warehouses carry 2,000 different items, compared to several hundreds for retailers that don&#x27;t follow the convenience store model.&quot;Now, we have this huge logistics network that we can open up to other needs,&quot; he said.Products in a catalog of 200 products were sold in a pilot that covered 240 stores. It will be expanded to 2,500 products in 1,500 stores by the end of the month, the company said.

The operator of 7-Eleven convenience shops in the Philippines said it would leverage its store and warehouse network to build a logistics business.

The operator of 7-Eleven convenience shops in the Philippines said it would leverage its store and warehouse network to build a logistics business.

7-Eleven builds logistics business with store, warehouse network | ABS-CBN

Halalan 2025

Entertainment

News

Metro.Style

Sports

More

Traffic

Horoscope

Business

7-Eleven builds logistics business with store, warehouse network

7-Eleven builds logistics business with store, warehouse network

Cathy Yang,

ABS-CBN News

Published Sep 07, 2017 01:44 PM PHT

|

Updated Sep 07, 2017 03:50 PM PHT

Read More:

ANC

ANC Exclusives

ANC top

The Boss

Philippine Seven Corp

logistics

convenience store

consumer

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.