7-Eleven Tops QSRs, Food Retailers in Store Count

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7-Eleven Tops QSRs, Food Retailers in Store Count

DALLAS -- While 7-Eleven Inc. has long been known as the convenience chain with the most stores -- with more than 7,200 in the U.S. and more than 32,000 in the world -- it will now be known as the food retailer with the most outlets worldwide, as its store count currently surpasses both quick-serve restaurants (QSRs) and food providers in store count, the company stated.

"The expansion of 7-Eleven indicates the growth potential for convenience worldwide," 7-Eleven President and CEO Joe DePinto, said in a written statement. "As we celebrate our 80th anniversary as the world's leading convenience retailer this month, we look forward to satisfying customers and further strengthening our brand around the globe."

As of the end of June, 7-Eleven operated, franchised and licensed 32,711 stores, beating McDonald's Corp.'s 31,062 outlets as of March 31, and Subway Restaurants' approximately 27,836 locations. Last year, 7-Eleven ranked second in units and holds a net of 1,086 new stores opened year-to-date, the company stated.

7-Eleven is expanding through a market-concentration strategy, and currently operates in 17 countries and one U.S. territory. By comparison, McDonald's operates in 118 countries, while Subway is located in 86 countries, according to the company. In addition, nearly 50 percent of 7-Eleven stores are located in the United States and Japan. The company is also exploring opportunities both in the U.S. and new territories abroad.

In other 7-Eleven news, the city of Winnipeg in Canada was named the Slurpee capital of the world for the eighth consecutive year, the Winnipeg Sun reported.

Since 2000, the city has held the title based on the average Slurpee sales per store annually. The city of Edmonton came in second, the report stated.

"We don't really know why Winnipeg is like no other Slurpee-consuming city in the world," Sonia Chau of 7-Eleven's Canadian headquarters in Vancouver, told the paper. "When it's minus-40 degrees, people in Winnipeg can be seen outside ... with a Slurpee in hand."

Yesterday, the Slurpee Cup was presented to Winnipeg city Council Scott Fielding at the 7-Eleven in St. Vital. Several activities and games took place, according to the paper.