Retail News
7-Eleven to add 1,100 stores in Sunoco deal
The Dallas Morning News 04/06/2017The 7-Eleven convenience store chain is about to get even larger. The company announced a deal to acquire 1,100 stores — primarily along the East Coast and Texas — from Sunoco in a deal valued at $3.3 billion. As part of the deal, 7-Eleven has agreed to purchase 2.2 billion gallons of gasoline from Sunoco on an annual basis. Sunoco made the deal to focus on its gasoline supply business.
Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!