Food and Staples Retailing
Company Overview of 7-Eleven, Inc.
7-Eleven, Inc. operates, franchises, and licenses a chain of convenience stores in the United States, Canada, Japan, Taiwan, Thailand, South Korea, China, Malaysia, Mexico, Singapore, Australia, the Philippines, Indonesia, Norway, Sweden, and Denmark. It offers bacons, eggs, cheeses, potato taquitos, seasoned sausages, breakfast sandwiches, pastries, and fresh fruits and salads. The company also offers off the shelf items, fresh-brewed coffees, frozen carbonated beverages, fountain drinks, baked goods, hot pizzas, chicken wings, private-label snacks, candies, grocery items, non-foods items, donuts, fritters, energy drinks, muffins, cold beers, cold single-serve bottled water, fridge items, h...
One Arts Plaza
1722 Routh Street
Dallas, TX 75201
Founded in 1927
Key Executives for 7-Eleven, Inc.
Chief Executive Officer and President
Chief Financial Officer and Executive Vice President
Chairman of the Board, Chairman of the Board of Seven-Eleven Japan Co Ltd , Chief Executive Officer of Seven-Eleven Japan Co Ltd and President of Seven-Eleven (Hawaii) Inc
Director, Vice Chairman of Seven-Eleven Japan Co Ltd, President of Seven-Eleven (Hawaii), Director of Seven-Eleven (Hawaii) and Director of Seven-Eleven Japan Co Ltd
Senior Vice President, Secretary and General Counsel
Compensation as of Fiscal Year 2015.
7-Eleven, Inc. Key Developments
7-Eleven, Inc. Reports Earnings Results for the Six Months Ended June 30, 2015; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2015; Plans to Increase its Stores Base
Oct 8 15
7-Eleven, Inc. reported earnings results for the six months ended June 30, 2015. For the period, the company reported revenues from operations of ¥899,969 million compared to ¥969,533 million reported in the same period last year. Operating income was ¥33,313 million against ¥23,994 million reported last year. Total store sales were ¥1,435,975 million against ¥1,385,766 million reported last year. Total capital expenditures were ¥38,922 million against ¥30,369 million reported last year.
For the fiscal year ending December 31, 2015, the company expected to revenues from operations of ¥1,909,000 million, operating income of ¥76,400 million and total store sales of ¥3,000,000 million. Total capital expenditures are expected to be ¥131,000 million.
For the fiscal year ending December 31, 2015, the company expected to increase its stores to 8,497, an increase of 200 stores compared to 8,297 stores at the year ended December 31, 2014.
7-Eleven Announces Management Changes
Sep 30 15
The chairman and chief executive of 7-Eleven have both resigned in the wake of the worker exploitation scandal at the company's Australian stores. Chairman Russ Withers and chief executive Warren Wilmot have stepped down from the board of the company effective immediately. Former iiNet chairman Michael Smith will become the new 7-Eleven chairman and Bob Baily has been appointed interim chief executive. Mr. Withers will remain chairman of the group holding company that has as its investments 7-Eleven and Starbucks together with real estate and a share portfolio. It has also recently appointed Professor Allan Fels to chair an independent panel to identify underpaid workers and determine how much they are owed.
7-Eleven® and DoorDash Announce Partnership to Provide On-Demand Delivery in Five Markets Across the Country
Sep 1 15
7-Eleven, Inc. and DoorDash announced a partnership to provide on-demand delivery from participating 7-Eleven stores in five major metropolitan markets across the US. Customers in New York, Los Angeles and Chicago can order products from their local 7-Eleven stores starting with delivery service following in Washington, D.C., and Boston in the coming months. The strategic relationship between the two companies will include in-store marketing, local promotions and the availability of "Convenience Packs" or groups of products that make purchasing common items from 7-Eleven stores more convenient. 7-Eleven's expanded product assortment from fresh foods and beverages to household goods offer customers a one-stop shopping experience, which is a compelling value proposition to busy, on-the-go consumers.
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