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Convenience Store Count Sets Record

148,126 stores represents 1.2% increase over 2010 ALEXANDRIA, Va. — The U.S. convenience store count increased to a record 148,126 stores as of December 31, 2011, a 1.2% increase (1,785 stores) from the year prior, according to the latest NACS/Nielsen Convenience Industry Store Count. The convenience retailing industry has seen remarkable growth over the last three decades, said NACS. At...
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7-Eleven Purchases 51 North Texas ExxonMobil Sites

DALLAS — 7-Eleven Inc. has acquired retail interests in 51 Texas ExxonMobil sites. The convenience store retailer did not disclose terms of the deal, which closed today. All of the purchased sites are located in the greater Dallas/Fort Worth area. Two include unused parcels of land, and the majority will be rebranded as 7-Eleven stores, according to the company. They will retain the Exxon...
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Franchise Businesses Expected to Show Signs of Recovery in 2012

Report forecasts modest growth in establishments, employment, output, contributions to GDP WASHINGTON — After three years of restrained growth due to the recession and its lingering effects, franchise businesses show signs of recovery in the year ahead, according to a report by IHS Global Insight for the International Franchise Association Educational Foundation. “The Franchise...
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USA: Fuel Prices Fall for Fourth Consecutive Week – EIA

The Energy Information Administration (EIA) has reported that the average price of gasoline and diesel has fallen for the fourth consecutive week, with regular gasoline dropping by over 7 cent to $3.43 per gallon. The price, however, is still $0.70 per gallon higher than this time last year. Price declines were particularly acute in the mid-west, where gasoline fell nearly 11 cent per gallon....
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7-Eleven to Acquire 28 Locations From Pacific Convenience & Fuels

DALLAS — 7-Eleven Inc. announced today that it has agreed to acquire the retail interests of 28 locations from Pacific Convenience & Fuels LLC (PC&F). Located in the western half of the United States, the acquisition includes sites in California, Oregon, Washington and Colorado. The transaction is expected to close in fourth-quarter 2011, subject to closing conditions and...
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