7-Eleven Eyes Expansion

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7-Eleven Eyes Expansion

12/06/2005
DALLAS -- 7-Eleven Inc. plans to continue with its major expansion program by increasing its presence throughout the Northeast United States, Convenience Store News learned yesterday at the International Council of Shopping Centers' New York National Conference and Deal Making.

Director of Real Estate David Littwitz reported that the company's goal for the upcoming year is to open 50 new stores from Boston to Washington, D.C.

"We’re very interested in growing this part of the country," Littwitz said during the Retailers’ Runway session at the conference.

The new openings will include both urban and suburban locations, with and without gas operations. Markets that 7-Eleven are eyeing are Metro New York, Boston, Baltimore, Philadelphia and Washington, D.C.

In related news, the Dallas-based chain opened its fourth store in Manhattan yesterday at the intersection of 42nd Street and 8th Avenue.