7-Eleven to divest 293 Speedway and 7-Eleven stores

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7-Eleven said that it has revealed signing agreements to divest 293 and 7-Eleven stores to three separate buyers for an undisclosed price.

The deals follow the closing of 7-Eleven’s $21 billion acquisition of Speedway from Marathon Petroleum Corp.

In mid-March, 7-Eleven signed a deal to offload 124 Speedway and 7-Eleven sites in the Midwest, Northeast, , and Utah to California-based Anabi Oil.

In the same month, 7-Eleven signed an agreement to divest 63 Speedway sites in California, Nevada, and Arizona to , an Idaho-based convenience store chain.

7-Eleven to divest 293 Speedway and 7-Eleven stores

7-Eleven to divest 293 Speedway and 7-Eleven stores. Photo courtesy of 127driver/Wikipedia.org.

Cory Jackson – President of Jacksons Food Stores said: “We are excited to serve customers in new markets with our clean, fast, simple and friendly approach.

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“As a food forward retailer, we are focused on providing customers with the service, products, and convenience they need – when, where and how they want it. As an example, we recently launched Jacksons delivery across all markets with quick delivery windows to serve customers when they can’t visit our stores.”

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In late April, 7-Eleven entered into an agreement to offload 106 Speedway and 7-Eleven sites across the Mid-Atlantic and Northeast to , based in Pennsylvania.


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