Japan’s Seven & i Holdings Co., a prominent retail conglomerate renowned for its iconic 7-Eleven convenience stores, is reportedly contemplating a substantial strategic transformation involving the divestment of a significant stake in its supermarket operations ahead of an anticipated initial public offering (IPO). This decision represents a pivotal component of a broader restructuring initiative aimed […]
Shares of Seven & i Holdings, the parent company of 7-Eleven convenience stores, surged nearly 3% as U.S.-based Artisan Partners urged the company to consider a buyout offer from Alimentation Couche-Tard Inc., a Canadian convenience store giant. The investor pressure has reignited debate over corporate governance in Japan and the future of Seven & i’s […]
FCTI, Inc., a prominent nationwide provider of ATM solutions, has declared an extension and broadening of their longstanding partnership with 7-Eleven, Inc., the largest convenience store chain in the United States. This enhanced agreement aims to significantly increase FCTI’s presence and service offerings across 7-Eleven and Speedway-branded locations, boosting the number of ATMs from approximately […]
Sunoco LP (NYSE: SUN) announced two major business moves: the sale of 204 convenience stores to 7-Eleven, Inc. for approximately $1 billion, and the intended acquisition of liquid fuels terminals in Amsterdam, Netherlands, and Bantry Bay, Ireland, from Zenith Energy. Sunoco LP’s $1.0 Billion Deal with 7-Eleven: A Major Shift in Convenience Store Operations Sunoco […]
Reliance Retail Ventures Limited (RRVL), via its fully-owned subsidiary — 7-India Convenience Retail, has signed a master franchise agreement with American convenience stores company 7-Eleven (SEI) for opening 7-Eleven convenience stores in India. The first of the planned 7-Eleven stores will open on 9 October in Andheri East, Mumbai. Following this, there will be a […]
7-Eleven said that it has revealed signing agreements to divest 293 Speedway 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, […]
Convenience stores company 7-Eleven has wrapped up its previously announced $21 billion acquisition of convenience store chain Speedway from Marathon Petroleum. Speedway’s portfolio includes nearly 3,800 stores, which are located in 36 states across the US. The deal was announced last August. Commenting on 7-Eleven acquisition of Speedway, Joe DePinto – President and CEO of […]
7-Eleven acquisition of Speedway : Convenience stores company 7-Eleven has agreed to acquire the Speedway convenience store chain from US petroleum refining company Marathon Petroleum for $21 billion in an all-cash deal. Under the terms of the deal, 7‑Eleven, which is a fully-owned, indirect subsidiary of Japan-based Seven & i Holdings, will acquire nearly 3,900 […]
US convenience stores chain 7-Eleven said that it will open Laredo Taco Company restaurants in more than 10 of its stores across the Oklahoma City metro area by early 2021. Laredo Taco Company is an authentic Mexican food restaurant, which is known for its authentic tacos that are served on handmade flour tortillas, which are […]
7-Eleven has launched ready-to-bake hot food items like pizza, chicken tenders, wings, and taquitos, which can be refrigerated and prepared at home. The convenience stores chain is offering options such as cheese or pepperoni pizza, chicken tenders, breaded boneless wings, buffalo and spicy bone-in wings, and Monterrey Jack chicken taquitos. Robin Murphy – 7-Eleven Senior Director […]
