Big Gulp®! 7-Eleven, Inc. Poised to Continue Its “Legacy of Innovation” with the Purchase of Speedway Convenience Stores
May 19th, 2021 by Fiedler Group
7-Eleven, Inc. recently announced the close of successful negotiations with Marathon Petroleum Corp. for the purchase of 3,800 Speedway stores located throughout North America.
With the acquisition of the highly popular convenience and fuel station locations, 7-Eleven solidifies its presence in 47 of the 50 most populated metro areas across the United States, as well as increases its storefront count to approximately 14,000 nationwide.
To date, 7-Eleven operates or franchises nearly 77,000 stores in 16 countries constantly looking for ways to bring the consumer new and high-quality products, as well as deliver its fan-favorite, iconic brands. As stated by President and CEO, Joe DePinto, with the completion of this acquisition, 7-Eleven and Marathon Petroleum Corp. will together create a diversified presence throughout the North American market and “have the opportunity to redefine and enhance the customer convenience experience nationwide.”
Fiedler Group has been fortunate to work closely with 7-Eleven and many of its franchisees in the upgrade and new construction of several projects throughout California. We congratulate both companies on this groundbreaking moment and look forward to seeing what new innovations come in the future!
