7-Eleven

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Feb. 17 at 8:26 a.m.
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Filed under: Retail

7-Eleven to replace ExxonMobil stores on oases

By Wailin Wong

ExxonMobil outlets at the Illinois Tollway’s seven oases will be replaced with 7-Eleven stores, the tollway said Thursday.

The Dallas-based convenience store chain will take over maintenance and operations at Mobil fuel stations for the remaining 17 years of a lease agreement. The stations will still be branded Mobil and drivers can use their ExxonMobil credit card at the oases, but the stores will be re-branded 7-Eleven by the end of March. Get the full story »

Nov. 4, 2010 at 8:19 a.m.
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Filed under: Advertising/Marketing

‘Slurpee Summit’ joke makes 7-Eleven drink hot

From USA Today | Convenience store chain 7-Eleven has offered to provide the White House with purple Slurpees — mixing red and blue — seizing on an opportunity created when President Barack Obama joked Wednesday that he might hold a “Slurpee Summit” with the new Republican leadership.

“This is a rare opportunity for a brand,” says Margaret Chabris, a spokeswoman for 7-Eleven, which owns 44-year-old Slurpee soft frozen drink. “We don’t want to be opportunistic, but nothing has ever been this big for Slurpee.” Get the full story >>

Nov. 3, 2010 at 1:53 p.m.
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Filed under: M&A, Retail

Casey’s rejects $43 a share bid, ends talks with 7-Eleven

By Associated Press

Casey’s General Stores Inc. said Wednesday that it has dismissed a $43 per-share takeover bid from 7-Eleven Inc. and ended negotiations with the convenience store operator.

7-Eleven made an initial bid of $40 in September, which it later raised. Casey’s said the latest offer doesn’t reflect the value of the company in ending talks with 7-Eleven. Get the full story »