International News: 7-Eleven completes Tedeschi Food Shops acquisition

7-Eleven, Inc has closed on the acquisition of approximately 180 Tedeschi Food Shops, with the transaction adding to 7-Eleven’s existing 150 stores in the greater Boston and southern New Hampshire areas of the US.

7-Eleven has made job offers to employees working at the stores and most non-store personnel of Tedeschi Food Shops, formerly owned by the Tedeschi family.

“The Tedeschi Food Shops stores complement our 7-Eleven store operations in the greater Boston area because of their locations, foodservice focus, community-involved franchisees and commitment to serving their neighbourhoods,” 7-Eleven Chief Financial Officer and Executive Vice-President Stan Reynolds said.

This acquisition is part of the international convenience retailer’s accelerated growth plan.

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