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 […]
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 has introduced – 7-Select Replenish, a new sports drink that can replace electrolytes and minerals lost during exercise or strenuous activity. 7-Select Replenish details 7-Select Replenish is claimed to contain no artificial sweeteners or high-fructose corn syrup. The new 7‑Eleven sports drink, which is sweetened with stevia and real sugar, […]