7-Eleven Announces U.S. Expansion
October 15, 2012
Dallas-based 7-Eleven Inc. recently announced that it is expanding its U.S. store portfolio with two acquisitions. The company has entered into an agreement with EZ Energy USA Inc. to purchase 67 retail locations in the Cleveland and Pittsburgh markets. The company also has acquired 58 7-Eleven convenience stores from its licensee Handee Marts Inc. The EZ Energy purchase includes Easy Trip and BP convenience stores, as well as the wholesale fuel-supply business that supports 20 of EZ Energy’s dealer-operators. 7-Eleven plans to rebrand EZ Energy’s stores early next year. 7-Eleven operates, franchises or licenses approximately 9,500 stores in North America. Globally, the company operates 48,000 stores across 16 countries.