Formerly |
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Company type | Private |
Industry | Retail (convenience stores) |
Founded | 1927 | (as Southland Ice Company)
Founder | Joe C. Thompson |
Headquarters | 3200 Hackberry Road, , United States |
Number of locations | 84,500 (2024) |
Area served |
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Key people | |
Products | Convenience foods and beverages, gasoline |
Owner | Seven-Eleven Japan Co., Ltd. |
Number of employees | 135,332[1] (2021) |
Subsidiaries |
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Website | www |
7-Eleven, Inc.[2] is a Japanese-owned convenience store chain, headquartered in Irving, Texas. The chain was founded in 1927 as the Southland Ice Company, operating an ice house storefront in Dallas. Then-owned by Southland Corporation, the number of convenience stores expanded and were named Tote'm Stores between 1928 and 1946. Southland Corporation changed the stores' name to 7-Eleven in 1946, reflecting expanded hours of operation (7 am to 11 pm). Southland Corporation started franchising its stores in 1961; in 1973 Ito-Yokado, a Japanese supermarket chain, signed a franchisee agreement with Southland Corporation to develop 7-Eleven convenience stores in Japan. Operating the Japanese stores under Seven-Eleven Japan, Ito-Yokado acquired a 70% stake in Southland Corporation in 1991; as majority owner, it changed Southland Corporation's name to 7-Eleven, Inc. that same year, then expanded to 100% ownership in November 2005, making 7-Eleven, Inc. a wholly owned subsidiary of Seven-Eleven Japan.[3][4] Ito-Yokado reorganized its collective businesses as a holding company in 2005, Seven & I Holdings, with 7-Eleven, Inc. wholly held by Seven-Eleven Japan.[5]
7-Eleven operates, franchises and licenses 84,500 stores in 19 countries and territories as of January 2024.[citation needed] Its stores operate under its namesake brand globally, including the United States, where it also operates as Speedway nationally but mostly in the Midwest and East Coast, and as Stripes Convenience Stores within the West South Central United States. Both Speedway and Stripes operate alongside 7-Eleven's namesake stores in several American markets. 7-Eleven also operates A-Plus locations with the name licensed from owner and fellow Dallas–Fort Worth metroplex-based Energy Transfer Partners, though most of these stores have since been rebranded as standard 7-Eleven stores.