All Day Convenience Store Explained

All Day Convenience Store
Former Names:Finds Convenience Store[1]
Type:Subsidiary
Key People:
Industry:Convenience stores
Products:All Day Roast Chicken
All Day Siomai
All Day Siopao
Owner:Villar Group of Companies
Parent:All Value Holdings Inc.
Founder:Manny Villar
Location:Muntinlupa, Metro Manila, Philippines

All Day Convenience Store is a division of All Value Holdings Inc., a subsidiary of the Villar Group of Companies, owned by entrepreneur and former Philippine senator Manny Villar.[3] It was established as Finds Convenience Store Inc. in 2008.

History

In 2008, former President of the Senate of the Philippines Manny Villar launched Finds Convenience Store Inc. as an experimental business.[4] [5] Finds grew to 40 branches in Metro Manila, serving as a convenience store outlet for his housing business, Camella Homes, and at his mall chain, Starmall.

In 2014, the business rebranded as All Day Convenience Store,[6] expanding to 80 branches, including the conversion of existing Finds branches.[7] [8] Villar expressed plans to develop All Day as a "true Filipino convenience store."In 2015, All Day opened more branches in Luzon, focusing on condominiums, business towers, and residential areas. The company introduced "All Day Mart," a mini-mart format, at Starmall Prima Taguig (now Vista Mall Taguig) in May 2015.[9] It also entered the furniture retail sector with "All Home," expanding to 13 stores by 2016.[10] The brand later launched All Day Supermarket, with initial branches in Vista Mall Taguig, Starmall EDSA Shaw in Mandaluyong, and Vista Mall Sta. Rosa in Santa Rosa, Laguna.[11] By 2016, the supermarket expanded to Bataan and Las PiƱas.[12]

The number of All Day Convenience Store locations decreased to around 80 by 2016 due to the conversion of some stores into All Day Mart and All Day Supermarket locations.

Products and Services

All Day Convenience Stores offer a range of products and services, including snacks, magazines, groceries, ATM and billing payments, and mobile reloading. The stores also provide their own food options, such as All Day Roast Chicken, All Day Siomai, and All Day Siopao.

Franchising

All Day Convenience Store offers franchising opportunities, with an estimated cost of for a six-year term. This includes store management, operations, and improvement services.

See also

External links

Notes and References

  1. Web site: Proudly Filipino convenience store challenges foreign competitors | Online Business Ideas for Entrepreneurs | Business Plan, Resources, Tips and Strategy | Entrepreneur Philippines . 2016-11-28 . https://web.archive.org/web/20161129024233/http://www.entrepreneur.com.ph/franchising/proudly-filipino-convenience-store-challenges-foreign-competitors . 2016-11-29 . dead .
  2. Web site: All Value Holdings Corp.: Private Company Information - Bloomberg . . 2017-03-05 . 2016-11-29 . https://web.archive.org/web/20161129022620/http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=292552393 . dead .
  3. Web site: All Value Holdings Corp.: Private Company Information - Bloomberg . 2016-11-28 . www.bloomberg.com.
  4. News: Proudly Filipino convenience store challenges foreign competitors . dead . https://web.archive.org/web/20151002051200/http://www.entrepreneur.com.ph/franchising/proudly-filipino-convenience-store-challenges-foreign-competitors . 2015-10-02 . 2019-11-15 . Entrepreneur.com.ph.
  5. Web site: Getting to Know the Convenience Stores in Manila . 2016-11-28 . ShoppersGuide Philippines.
  6. News: Villar Group aims to increase convenience store footprint by 33 pct by yearend . dead . https://web.archive.org/web/20161129023541/http://interaksyon.com/business/90170/villar-group-aims-to-increase-convenience-store-footprint-by-33-pct-by-yearend . 2016-11-29 . 2016-11-28 . InterAksyon.com . en-US.
  7. News: Villar group opens retail holdings firm . 2016-11-28 . GMA News.
  8. News: Villar Group to put up 100 'All Day' stores in MM in 2014 . 2016-11-28 . The Manila Times.
  9. Web site: 2015-05-11 . All Day Mart aggressively expands reach enjoying wonderful world . 2016-11-28 . All Day Mart aggressively expands reach enjoying wonderful world.
  10. News: Dumlao-Abadilla . Doris . Villar's All Home opens 13th branch in Antipolo . 2016-11-28 . Philippine Daily Inquirer.
  11. News: Mercurio . Richmond S. . Villar Group prepares to enter supermarket industry . 2016-11-28 . The Philippine Star.
  12. News: Villar Group to spend P1.44B on supermarket expansion . 2016-11-28 . The Manila Times.