DALLAS, 2015-8-25— /EPR Retail News/ — 7‑Eleven, Inc. today announced that it has closed on the acquisition of approximately 180 Tedeschi Food Shops (headquarters in Rockland, Mass.). This transaction adds to 7‑Eleven’s existing 150 7‑Eleven® stores in the greater Boston and southern New Hampshire area.
7‑Eleven has made job offers to employees working at the stores and most non-store personnel of Tedeschi Food Shops, formerly owned by the Tedeschi family.
“The Tedeschi Food Shops stores complement our 7‑Eleven store operations in the greater Boston area because of their geographical locations, food service focus, community-involved franchisees and commitment to serving their neighborhoods,” said Stan Reynolds, 7‑Eleven’s chief financial officer and executive vice president.
This acquisition is part of the international convenience retailer’s accelerated growth plan.
About 7‑Eleven, Inc.
7‑Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7‑Eleven operates, franchises or licenses some 10,500 7‑Eleven® stores in North America. Globally, there are more than 56,600 7‑Eleven stores in 16 countries. 7‑Eleven has been honored by a number of companies and organizations recently. Accolades include: #2 on Franchise Times Top 200 Franchise Companies for 2013; #2 on Entrepreneur magazine’s 2015 Top Global Franchise list; #10 spot on Entrepreneur magazine’s Franchise 500 list for 2015, and #3 in Forbes magazine’s Top 20 Franchises to Start. 7‑Eleven is No. 3 on Fast Company magazine’s 2013 list of the “World’s Top 10 Most Innovative Companies in Retail.” 7‑Eleven places among Top Veteran-Friendly Companies for 2014 by U.S. Veterans Magazine and is among GI Jobs magazine’s Top 100 Military Friendly Employers for 2014. Hispanic Magazine named 7‑Eleven among its Hispanic Corporate Top 100 Companies that provide the most opportunities to Hispanics. 7‑Eleven is franchising its stores in the U.S. and expanding through organic growth, acquisitions and its Business Conversion Program. Find out more online at www.7‑Eleven.com.
Contact:
Margaret Chabris
7‑Eleven, Inc.
972-828-7285
margaret.chabris@7-11.com