7-Eleven Grows Significantly in U.S. and Canada through Acquisition of Sunoco C-Stores
7-Eleven Inc., the North American convenience chain subsidiary of Japan’s Seven & i Holdings Co., Ltd., announced today that it has completed its acquisition of nearly 1,030 Sunoco convenience stores in 17 states.
The Dallas-based franchising company said that the total number of convenience stores in the United States and Canada under its famous sign now comes to approximately 9,700.
That number is a significant number compared to the other 7-Eleven international sub-franchisors and their 55,000 franchises that Seven & i Holdings Co., Ltd watches over globally through its franchising company Seven-Eleven Japan Co., Ltd. With nearly a third of the population, Japan has nearly double the combined number of 7-Eleven stores that the United States and Canada have. Its stores compete in Japan with 14,000 Lawson convenience stores, another Japanese chain that originally started in the United States—in Cuyahoga Falls, Ohio in 1939.
"Part of what makes brand 7-Eleven so iconic is our global presence and our continued growth," said Joe DePinto, 7-Eleven Inc.’s president and chief executive officer. "The acquisition of over 1,000 Sunoco stores supports our accelerated growth strategy, and we look forward to serving these great new customers."