7 Eleven Case Study | 7 Eleven Franchise Cost in India | 7 Eleven Franchise Opening Procedures
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7-Eleven, Inc. (often abbreviated as SEI) is an American convenience store chain, headquartered in Irving, Texas and owned by Japanese Seven & I Holdings through Seven-Eleven Japan Co., Ltd The chain was founded in 1927 as an ice house storefront in Dallas. It was named Tote'm Stores between 1928 and 1946. After Ito-Yokado, a Japanese supermarket chain and the parent company of Seven-Eleven Japan, acquired a 70% stake in the company in 1991, the company became a wholly-owned subsidiary of Seven-Eleven Japan in November, 2005
7-Eleven operates, franchises, and licenses 78,029 stores in 19 countries and territories as of November 2021. While operating under its namesake brand globally, within the United States it operates as 7-Eleven nationally, as Speedway nationally but mostly in the Midwest & East Coast, and as Stripes Convenience Stores within the South Central United States; both Speedway and Stripes operate alongside 7-Eleven's namesake stores in several markets. 7-Eleven also operates A-Plus locations with the name licensed from owner and fellow Metroplex-based Energy Transfer Partners, though most of these stores have since been rebranded as standard 7-Eleven stores.
7‑Eleven is the world’s #1 convenience store with one simple focus, ‘Innovating to make life easier for the customers’. Founded in 1927 as an ice and beverage stand in Dallas, today 7-Eleven is a brand loved all around the world. Headquartered in Dallas, Texas, 7-Eleven is owned by Chiyoda, a Tokyo-based Seven & I Holdings Co. Ltd.
The store name ‘7-Eleven’ was created in 1946, to reflect the company’s new extended hours, 7:00am to 11:00pm, all days of the week. In the early 1960s, 7-Eleven introduced its first 24-hour store which is now a hallmark of 7-Eleven’s ‘around-the-clock’ operating mode. Today, 7-Eleven is the leader in convenience retailing with a network of over 71,100 stores operating in 17 plus countries and regions globally.
7-Eleven, the iconic global retail chain, is setting foot in India in partnership with Reliance Retail Ltd. 7-Eleven India operates one-stop, innovative convenience stores that are time savers offering instant solutions to customers who are always on-the-go. In India ,7-Eleven is poised to be a first of its kind convenience format store where our customers can Refresh themselves with ready to eat food & beverages, Refill their daily essentials and avail on-the go services so they are, Ready for their day. With affordability and hygiene at its core, the stores offer products that are aspirational yet accessible. Together with the Reliance group, the pioneers of modern retail in India, 7-Eleven India is creating new pathways that offer greater convenience and more affordable choices to urban customers.
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