Who Owns 711 Stores
In a Nutshell
Here’s a quick-reference guide to the main takeaways from this blog post:
- Ownership: 711 stores are primarily owned by the Japanese company, Seven & I Holdings Co., Ltd.
- History: Originated from the Southland Ice Company in Dallas, Texas.
- Global Presence: Over 70,000 stores worldwide, making it one of the most recognized convenience store brands.
- Franchise Model: While corporate-owned stores exist, the franchise model plays a crucial role in its global expansion.
- Future Expansion: Continuous growth through innovations and acquisitions.
Table of Contents
- The Origins of 711 Stores
- Current Ownership
- Global Expansion and Operations
- Franchise Model
- Growth and Future Prospects
- FAQ
The Origins of 711 Stores
The 711 brand has come a long way since its inception.
- Originated from the Southland Ice Company in Dallas, Texas.
- Began as Tote’m stores in the 1920s.
- Rebranded to 7-Eleven in 1946 to reflect their extended hours of operation, from 7 a.m. to 11 p.m.
For more insights on the history of 711 stores, visit Who Owns.
Current Ownership
Who truly owns the 711 stores today?
- Seven & I Holdings Co., Ltd., a Japanese retail group, owns 711 stores.
- They acquired a controlling interest in 7-Eleven, Inc. in 1991.
- Currently, they hold the majority of the store’s shares and oversee its global operations.
Learn more about the impact of this ownership here.
Global Expansion and Operations
The brand boasts an impressive global footprint.
- Over 70,000 stores in 17 countries.
- Predominantly present in Asia, particularly in Japan and Thailand.
- The global headquarters are based in Irving, Texas and Tokyo, Japan.
For detailed information, refer to the official 7-Eleven website.
Franchise Model
The franchise model plays a significant role in its growth.
- Franchise Partnerships: Ensures a uniform customer experience globally.
- 30,000+ Franchise Stores: Franchisees manage a substantial number of 7-Eleven stores.
- Support and Training: Franchise owners receive comprehensive support and training from the parent company.
Discover the franchise opportunities offered by 7-Eleven here.
Growth and Future Prospects
Continuous growth through innovations and acquisitions.
- Focus on digital transformation with mobile apps and e-commerce platforms.
- Expanding food and beverage offerings to meet customer demands.
- Recent acquisitions include Speedway LLC, enhancing their footprint in North America.
For an in-depth analysis of business strategies, visit Retail Dive.
FAQ
We’ve compiled some common questions and answers about 711 stores.
- Who originally founded 711?
- Originally founded by the Southland Ice Company in 1927.
- Why is it called 7-Eleven?
- Named after their extended hours from 7 a.m. to 11 p.m., seven days a week.
- Does Seven & I Holdings own all 711 stores?
- While they own many, a significant portion operates under the franchise model.
- How many 7-Eleven stores are there globally?
- Over 70,000 stores in 17 countries.
- Where can I find a 7-Eleven store?
- They are predominantly in densely populated urban areas across Asia, North America, and other regions.
- Has 7-Eleven made any recent acquisitions?
- Yes, including Speedway LLC to strengthen their presence in North America.
For more information about the ownership of 711 stores, explore Who Owns.
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