FamilyMart Overview
FamilyMart has over 24,000 convenience stores open 24 hours a day, 7 days a week, offering 10,000+ items from food to daily necessities. Services include ticket sales, bill payments, copying, and delivery.
7-Eleven Expansion
With 12,000 locations, 7-Eleven bets healthier options and tech services will redefine its future.
Convenience Store Characteristics
Convenience stores typically sell pre-packaged items unlike supermarkets with more variety and fresh foods.
International Presence
International chains like 7-Eleven are on almost every street in Philippine cities. 7-Eleven, run by Philippine Seven Corporation with over 2,285 branches, opened its first store in Quezon City in 1984.
Store Specifications
Traditional convenience stores are 2,400–2,500 square feet with 5-12 parking spots. They offer grocery, dairy, snacks, health items, prepared foods and more. Many are easily accessible and open 24 hours.
Industry Statistics
In 2018, over 153,000 U.S. convenience stores generated $616 billion in sales. Profit margins are thin, even for leading chains enhancing healthy foods and tech services. Convenience chains keep expanding globally to meet demand.