Home » 7-Eleven Parent Plans To Expand Acquisitions In Next Few Years, And More…

7-Eleven Parent Plans To Expand Acquisitions In Next Few Years, And More…

Last updated on June 13th, 2024 at 05:00 pm

Convenience Store News In Brief…

Seven & i Holdings Co., the parent of 7-Eleven, plans to expand its convenience store business in North America and seek more acquisition opportunities. “We will speed up expansion in North America by accelerating acquisitions,” said Ryuichi Isaka, president of Tokyo-based Seven & i. As part of Seven & i’s three-year plan, the company plans to increase its c-store count in North America to 10,000 by fiscal year 2019, noting that more than 80 percent of convenience stores in the region are owned by smaller companies or individual proprietors. Isaka also added that some elements of the Japanese-style c-store model will be introduced in North America, such as counters featuring hot snacks and more fresh foods…

Wawa and Sheetz teamed up to provide boxed lunches at the USS John Murtha Commissioning Ceremony on Oct. 8, honoring the late congressman from Pennsylvania, the people of his district, the ship and its crew. “All of us at Wawa are proud to team up with Sheetz to represent our state and celebrate this important, historic event,” said Chris Gheysens, president and CEO of Wawa. “As two companies committed to bringing our customers and communities together, we feel privileged to be a part of this ceremony and to have the chance to honor Pennsylvania’s longest-serving congressman and decorated combat veteran who has done so much for citizens and veterans across the Commonwealth and beyond. Honoring those who serve in our nation’s defense is especially important to us, and we are delighted to serve the ship’s crew and guests at this event.”…

Midwest convenience store chain Yesway has named Douglas New chief technology officer. New brings an extensive technical background and years of executive-level experience to the Des Moines, Iowa-based company. New recently served as chief information officer at Tedeschi Food Shops Inc. While CIO at Tedeschi, New developed technology strategy and oversaw all IT-related activities and support services for 181 stores and 2,300 employees. Yesway plans to acquire, improve and rebrand 600 convenience stores in selected regions of the U.S. over the next several years.

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Shelby Team

The Shelby Report delivers complete grocery news and supermarket insights nationwide through the distribution of five monthly regional print and digital editions. Serving the retail food trade since 1967, The Shelby Report is “Region Wise. Nationwide.”

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