7-Eleven To Add At Least 500 Stores In The U.S. And Canada

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7-Eleven To Add At Least 500 Stores In The U.S. And Canada

04/11/2011

7-Eleven Inc. has chosen Lend Lease's Multi-Site Group as its construction service provider in the company's plan to grow its portfolio in the United States and Canada. At least 500 new stores across the two countries are on 7-Eleven's drawing board for this year.

The Multi-Site Group's three-year agreement with the retail chain calls for the company to immediately take over responsibility for service delivery for 7-Eleven's new store construction. “Being chosen by 7-Eleven to manage the delivery of its new construction is a testament to the quality of our construction service,” said Robert A. McNamara, chief executive officer of the Americas region of Lend Lease. “It's an exciting opportunity for us to work for an industry-leading firm.”

The pact between the two provides several benefits, including an increased pipeline to achieve annual store development targets, end-to-end process improvements, stream-lined methods and geographic flexibility, according to a release.

“We are committed to our joint goal of accelerating growth while driving efficiency and innovation,” McNamara added. “In addition, we expect to achieve financial savings for 7-Eleven through our best practices and scale.”