Retail IT News

American retail chain 7-Eleven has acquired 23 convenience store locations in Texas from Temple-based firm Strasburger Enterprises. The stores, which operate primarily under Quix nameplate, are located across north and central Texas from Haslet in Tarrant County in the north to Converse, just east of San Antonio, in the south.

By the end of this year, these stores will be rebranded ass 7-Eleven. The latest acquisition brings the number of 7-Eleven operated and franchised stores in Texas to 570.

7-Eleven vice president of mergers and acquisitions Robbie Radant said the company is continuing its accelerated growth, and this acquisition helps it in meeting the set goals.

"We met our goal of opening more than 600 stores in the U.S. and Canada last year, and are on target to surpass that number in 2012 and reach our goal of 630," Radant added.

The acquired stores will offer 7-Eleven's line of daily-delivered fresh foods and bakery, proprietary 7-Select products, Big Bite hot dogs, other grilled and hot foods, Slurpee and Big Gulp beverages as well as standard grocery and convenience items.

"7-Eleven has extended job offers to qualified Strasburger employees who are affected by this acquisition, and we welcome them to the 7-Eleven team."

Dallas-based 7-Eleven operates, franchises or licenses more than 9,200 7-Eleven stores in North America. Globally, there are more than 46,300 7-Eleven stores in 16 countries.

Source:   retail-business-review.com