Nervous Retailers Target Multicultural Consumers

The chain's first prefabricated and modularized convenience store will open in Ligonier, Ind.

The companies will collaborate on identifying stores that could be sold, as well as potential buyers.

The retailer urged 7-Eleven's parent company to enter into full discussions beyond the issue of U.S. regulatory approval.

Stephen Hayes Dacus will become president and CEO following the May general meeting.

The withdrawal of a $58B management buyout offer removes key competition for the global chain.