7‑Eleven Profile
7‑Eleven is the world’s largest convenience store chain with more than 54,200 stores in 16 countries, of which more than 10,400 are in North America. 7‑Eleven also is one of the nation's largest independent gasoline retailers. Its company’s name was changed from The Southland Corporation to 7‑Eleven, Inc. after approval by shareholders on April 28, 1999.
Founded in 1927 in Dallas, Texas, 7‑Eleven pioneered the convenience store concept during its first years of operation as an ice company when its retail outlets began selling milk, bread and eggs as a convenience to guests.
The name 7‑Eleven originated in 1946 when the stores were open from 7 a.m. to 11 p.m. Today, offering busy shoppers 24-hour convenience, seven days a week is the cornerstone of 7‑Eleven's business.
7‑Eleven focuses on meeting the needs of convenience-oriented guests by providing a broad selection of fresh, high-quality products and services at everyday fair prices, speedy transactions and a clean, friendly shopping environment.
Each store's selection of about 2,500 different products and services is tailored to meet the needs and preferences of local guests. Stores typically vary in size from 2,400 to 3,000 square feet and are most often located on corners for great visibility and easy access.
Well known for the Big Gulp® fountain soft drink, Big Bite® grill items, the Slurpee® beverage and its fresh-brewed coffee, 7‑Eleven’s food service offerings bring guests a proprietary line of prepared-fresh-daily and daily delivered deli sandwiches, wraps, breakfast sandwiches and a wide assortment fruits, salads and baked goods.
7‑Eleven offers consumers a number of convenient services designed to meet the specific needs of individual neighborhoods, including automated money orders, automatic teller machines, phone cards and, where available, lottery tickets.
The company operates, franchises and licenses close to 8,700 stores in the U.S. and Canada. Of the more than 7,700 stores the company operates and franchises in the United States, approximately 6,300 are franchised.
Outside of the U.S. and Canada, there are some 45,600 7‑Eleven and other convenience stores in Japan, Taiwan, Thailand, South Korea, China, Malaysia, Mexico, Singapore, Australia, Philippines, Indonesia, Norway, Sweden and Denmark.
7‑Eleven, Inc. is privately held and became a wholly owned subsidiary of Seven-Eleven Japan Co., Ltd. in Tokyo, Japan, and its affiliates on Nov. 9, 2005.
