US retailer 7-Eleven has announced the acquisition of 3,900 Speedway stores from Marathon Petroleum Corp for $21 billion. Located in 35 states across the US, Speedway is one of the biggest convenience and petrol station retailers in the country, with approximately 40,000 employees. With the acquisition, 7-Eleven will increase its store network to 14,000 across the United States and Canada. Joe DePinto, president and CEO of 7‑Eleven, said: “This acquisition …
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7-Eleven, the world’s largest convenience retailer, has revealed it is entering the Indian market for the first time through a master franchise agreement with a subsidiary of Future Retail. The new master franchisee plans to build 7‑Eleven stores as well as convert some of its existing locations to the 7‑Eleven brand, with the first store set to open this year, the company said, adding that “internationally popular” products, beverages, snacks and …
Multinational US based retail chain 7-Eleven has announced the launch a new line of bakery products for Hispanic consumers under the private label brand 7-Select. According to a company press release, the line is being rolled out after being test marketed for a number of months in Texas and Mexico. The line is comprised of three products: Mini Pound Cake (‘Panquecitos’), Cinnamon Rolls with Raisins (‘Roles de Canela con Pasas’) …
7-Eleven, the global convenience store chain, has announced the launch of its first private label cosmetics brand under the name Simply Me Beauty. Promising “cosmetic convenience”, the new brand range is described as “an affordable, fashion-forward line of makeup” targeting millennial women. According to 7-Eleven, the new products were “created for busy millennial-aged women looking for their makeup and accessory must-haves while taking care of business, family and themselves” and are …
Retail chains 7-Eleven and Walmart Canada are partnering on a pilot e-commerce pilot project in the Toronto area, according to a report in the Canadian Grocer. Under the scheme, consumers placing orders at www.walmart.ca will be able to have their orders delivered for pickup at one of six 24-hour convenience stores operated by 7-Eleven. The “Grab & Go” project is also said to be an extension of Walmart’s ‘locker service’ …
US convenience chain 7-Eleven has entered the single serving coffee category with the release of three varieties of store branded coffee pods. The varieties 100% Colombian, Pumpkin Spice and Exclusive Blend are now available in packs of eight pods, retailed at $3.99. The latter two flavour varieties are also available in packs of two pods retailed at $0.99. Dennis Phelps, VP for fresh foods and proprietary beverages at 7-Eleven, said …
7-Eleven is expanding its private label range in the USA with two new snack lines under the 7-Select GO!Yum and 7-Select GO!Smart names. The new lines are said to have been inspired by customer feedback and aim to “satisfy consumer requests for variety in both indulgent and better-for-you products”. “We set out to surpass customer expectations with products exclusively available at 7‑Eleven stores. We are confident that we are exceeding …
7-Eleven has signed a master franchise agreement with Seven Emirates Investment LLC to run the first 7-Eleven stores in the UAE, Fastmoving reports. The first convenience store is planned to open in Dubai by next summer, with the master franchisee planning to open new outlets as well as converting some existing stores to the 7-Eleven brand. “The UAE is a growing and dynamic part of the world and is attracting …
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