7-eleven To Purchase 10 Mckee Oil Company Convenience Stores
Salt Lake City-Area Acquisition Fits Company's Strategy to Grow in Existing Markets
SALT LAKE CITY (Thursday, December 07, 2006) -
7-Eleven, Inc. today announced that it has signed an agreement to purchase 10 McKee Oil Company convenience stores in the greater Salt Lake City area. This brings to 112 the number of convenience stores that 7-Eleven will operate in northern Utah. The company said the purchase is part of its strategic growth plan to expand in areas where the company currently operates 7-Eleven® stores.
Terms of the agreement were not disclosed, but 7-Eleven expects to close the deal before the end of 2006.
About 7-Eleven, Inc. 7‑Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises or licenses more than 7,100 7-Eleven® stores in North America. Globally, 7-Eleven operates, franchises or licenses more than 31,000 stores in 17 countries and U.S. territories. During 2005, 7-Eleven stores worldwide generated total sales of approximately $43 billion. Find out more online at www.7-Eleven.com.
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COMPANY INFORMATION
7-Eleven Inc.
2711 N. Haskell Ave., Box 711
Dallas,
TX
Toll Free: (800)255-0711
Fax: (214)841-6776
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