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
Jones Soda Co. Enters into Product and Supply Agreement with 7-Eleven, Inc
Nov 3 15
On October 29, 2015, Jones Soda Co. entered into a product and supply agreement with 7-Eleven, Inc. for
distribution in 7-Eleven, Inc. stores beginning in 2016.
7-Eleven Store Opens in Middle East
Oct 14 15
First 7-Eleven store opens in Middle East. The store opened for business Oct. 6. The location of 7 Eleven's first store in the Middle East is Bay Square, Building #4, near downtown Dubai and the world's tallest building, Burj Khalifa Tower. The new 2,000-square-foot store carries some 2,500 products that are both typical of 7 Eleven stores and special to that part of the world. The prepared fresh-daily foods include Arabian, Indian and Asian lunch-box meals, like chicken biryani and rice balls. Also for meal or snack times, the store carries samosas, curries and falafel wraps, hummus, Greek and tabouleh salads. Orange date muffins and Umm Ali are among the pastry and dessert selections. And 7 Eleven's iconic Slurpee drinks are already a hit with the locals. The store boasts a number of special features and customer conveniences. For example, an indoor counter faces outdoors where customers can eat and charge their mobile devices; a mini-office area with ATM, bill payment and copier machines, and delivery bicycles outside for on-demand service. The store is operated now by Seven Emirates and expected to be franchised in the future after the infrastructure that supports 7 Eleven stores is fully built. This includes partnerships with third parties that would make and deliver fresh foods daily and 7 Eleven's proprietary retail information system. Seven Emirates plans to open a second 7 Eleven store in December in the high-profile Dubai Marina neighborhood.
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.
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