The company is expanding across the US
7-Eleven completed acquisition of c-store chain. Source: facebook.com
7-Eleven has announced the completion of its acquisition of Speedway, a convenience store chain, from Marathon Petroleum Corp. Speedway’s portfolio includes nearly 3,800 stores located in 36 states across the US.
According to the press release, this acquisition accelerates 7-Eleven’s growth trajectory while also strengthening the company’s financial profile.
This brings 7-Eleven’s total North American portfolio to approximately 14,000 stores and diversifies 7-Eleven’s presence to 47 of the 50 most populated metro areas in the country.
7-Eleven will also work to maximize efficiencies and optimize relationships with vendors and business partners to ensure a continued legacy of innovation and success.
We’ve reported that Walmart to acquire virtual fitting room platform.
SEE ALSO:
