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7-Eleven News and Analysis
About 7-Eleven
## 7-Eleven: A Global Convenience Retailer **Introduction and History** 7-Eleven, one of the world's largest convenience store chains, has a rich history dating back to 1927 when John Jefferson Green and Joe C. Thompson Sr. founded the Southland Ice Company in Dallas, Texas. Initially, the company focused on selling block ice for food preservation but soon expanded into retailing basic food items. By 1928, these stores were known as "Tote’m Stores," and by 1946, they were rebranded as 7-Eleven to highlight their extended operating hours from 7 a.m. to 11 p.m., seven days a week[1][2]. **Key Achievements and Innovations** 7-Eleven has been a pioneer in several retail innovations: - **24/7 Operations**: In 1963, some stores began operating 24 hours a day, setting a new standard for convenience retailing[3]. - **Franchising**: The company started franchising its stores in 1964, which significantly expanded its reach[2]. - **Signature Products**: The Slurpee was introduced in 1965, and the Big Gulp in 1976, both becoming iconic products[1][2]. - **Global Expansion**: 7-Eleven has expanded globally, operating over 86,000 stores across 19 countries, with a strong presence in North America and Asia[4]. **Current Status** Today, 7-Eleven is a subsidiary of Seven & i Holdings Co., Ltd. and operates a diverse portfolio of brands including Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken & Biscuits[4][5]. The company continues to innovate with mobile checkout and delivery services, enhancing customer convenience[4]. **Notable Aspects** 7-Eleven is known for its customer-centric approach and technological advancements. It pioneered self-
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