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Tuesday, October 16, 2012

More 7-Elevens coming to PA.



Raise your hand if you knew 7-Eleven is a Japanese company. Japan Today writes:
7-Eleven Inc announced Monday two acquisitions, expanding its U.S. store portfolio. The company has closed deals with EZ Energy USA, Inc to purchase 67 retail locations in the Cleveland, Ohio, and Pittsburgh, Pa, markets and with its licensee, Handee Marts Inc, to acquire 58 7-Eleven convenience stores in those same markets as well as locations in northern West Virginia and western Maryland.
. . .
The EZ Energy purchase includes Easy Trip and BP convenience stores and the wholesale fuel-supply business that supports 20 of EZ Energy’s dealer-operators. EZ Energy locations offer mostly BP- and Marathon-branded gasoline.

Handee Marts has 38 stores offering gasoline under a variety of brands, including Exxon, Gulf, BP, Valero and Sunoco.
That report plagiarizes the 7-Eleven press release almost completely; the latter continues:
7-Eleven Inc. will add its proprietary retail information system and technology for enhanced product-ordering capabilities. The retailer's 7-Select private brand and other well-known proprietary products like 7-Eleven coffee, Slurpee(r) and Big Gulp(r) drinks, grill products plus standard convenience-store items will be offered. The company will soon offer money orders and accept food stamps.
The additional service and menu items are necessary to complete with Sheetz and Get-Go, the two local convenience stores that come close to approximating what you'll find at Japanese combini.