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7-Eleven
7-Eleven, Inc., stylized as 7-ELEVE, is a multinational chain of retail convenience stores, headquartered in Dallas, Texas. The chain was founded in 1927 as an ice house storefront in Dallas. It was named Tote'm Stores between 1928 and 1946. After 70% of the company was acquired by an affiliate Ito-Yokado in 1991, it was reorganized as a wholly owned subsidiary of Seven & I Holdings. 7-Eleven operates, franchises, and licenses 78,029 stores in 19 countries and territories as of November 2021. While operating under its namesake brand globally, within the United States it operates as 7-Eleven nationally, as Speedway nationally but mostly in the Midwest & East Coast, and as Stripes Convenience Stores within the South Central United States; both Speedway and Stripes operate alongside 7-Eleven's namesake stores in several markets. 7-Eleven also operates A-Plus locations with the name licensed from owner and fellow Metroplex-based Energy Transfer Partners, though most of these ...
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Convenience Store
A convenience store, convenience shop, corner store or corner shop is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores are licensed to sell alcoholic drinks, although many jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. OPUS cards in Montreal. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient supplement to larger stores. A convenience store may be part of a gas/petrol station, so customers can purchase goods while refuelling ...
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Speedway (store)
Speedway is an American convenience store and gas station chain headquartered in Enon, Ohio, with locations primarily in the Midwestern United States, Midwest and the East Coast of the United States, East Coast regions of the United States wholly owned and operated by 7-Eleven. Speedway stations are located in 32 states, up significantly from its core seven-state region in the Midwest since 2012. Prior to 2021, the company was a subsidiary, wholly owned subsidiary of the Marathon Petroleum, Marathon Petroleum Corporation. It is the largest convenience store chain in central Ohio. On August 2, 2020, Marathon announced that Seven & i Holdings would be acquiring Speedway for $21 billion. The deal closed on May 14, 2021. History Speedway started in 1952 as Speedway 79, the name of a gasoline chain based in Michigan. Unlike other gas station chains at the time, Speedway 79 did not have a Automobile repair shop, service station to perform vehicle maintenance, but rather vending ...
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Seven & I Holdings
is a Japanese diversified retail group headquartered in Nibancho, Tokyo. Seven & I was founded in 1920 as Ito-Yokado, the Japanese chain of general merchandise and department stores. In 1991, Ito-Yokado acquired majority control of 7-Eleven, the American international chain of convenience stores. Seven & I was then established in 2005 as part of a corporate restructuring to serve as the holding company of 7-Eleven, Ito-Yokado, and its other business ventures. It was the fifteenth largest retailer in the world as of 2018. History The Ito-Yokado Japanese chain of grocery and clothing stores was founded in 1920. In the 1970s, Ito-Yokado became a Japanese franchisee of both the 7-Eleven international chain of convenience stores and the Denny's international chain of family restaurants. In 1990, the Southland Corporation, 7-Eleven's American parent company, filed for bankruptcy due to incurring debt, allowing Ito-Yokado to take over 70 percent of Southland in 1991. In 1999, Sou ...
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Seven & I Holdings
is a Japanese diversified retail group headquartered in Nibancho, Tokyo. Seven & I was founded in 1920 as Ito-Yokado, the Japanese chain of general merchandise and department stores. In 1991, Ito-Yokado acquired majority control of 7-Eleven, the American international chain of convenience stores. Seven & I was then established in 2005 as part of a corporate restructuring to serve as the holding company of 7-Eleven, Ito-Yokado, and its other business ventures. It was the fifteenth largest retailer in the world as of 2018. History The Ito-Yokado Japanese chain of grocery and clothing stores was founded in 1920. In the 1970s, Ito-Yokado became a Japanese franchisee of both the 7-Eleven international chain of convenience stores and the Denny's international chain of family restaurants. In 1990, the Southland Corporation, 7-Eleven's American parent company, filed for bankruptcy due to incurring debt, allowing Ito-Yokado to take over 70 percent of Southland in 1991. In 1999, Sou ...
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Stripes Convenience Stores
Stripes Stores is a chain of more than 700 convenience stores in Texas, Louisiana, New Mexico, and Oklahoma. The locations are former Circle K and Town & Country Food Stores. Other convenience store brands they operate under include ''IceBox'' and ''Quick Stuff''. It is one of the largest non-refining operators of convenience stores in the United States. In late 2017, all Stripes locations in Louisiana and parts of Texas were sold to 7-Eleven. 7-Eleven set out to buy all the Texas, New Mexico, and Oklahoma locations as well but could not get around a noncompete agreement with 7-Eleven franchises such as Delek US Holdings. In early 2018, however, 207 West Texas, New Mexico, and Oklahoma locations were sold to a newly formed company called Cal's Convenience Inc., with plans for all stores to retain the Stripes name. The rest of the locations in Texas are owned by 7-Eleven. Many stores offer Sunoco, Chevron, Conoco, Exxon, Phillips 66, Shell, Texaco, Valero, and unbranded gasol ...
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Gas Station
A filling station, also known as a gas station () or petrol station (), is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline (or petrol) and diesel fuel. Gasoline pumps are used to pump gasoline, diesel, compressed natural gas, CGH2, HCNG, LPG, liquid hydrogen, kerosene, alcohol fuel (like methanol, ethanol, butanol, propanol), biofuels (like straight vegetable oil, biodiesel), or other types of fuel into the tanks within vehicles and calculate the financial cost of the fuel transferred to the vehicle. Besides gasoline pumps, one other significant device which is also found in filling stations and can refuel certain (compressed-air) vehicles is an air compressor, although generally these are just used to inflate car tires. Many filling stations provide convenience stores, which may sell confections, alcoholic beverages, tobacco products, lottery tickets, soft drinks, snacks, coffee, news ...
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Ice House (building)
An ice house, or icehouse, is a building used to store ice throughout the year, commonly used prior to the invention of the refrigerator. Some were underground chambers, usually man-made, close to natural sources of winter ice such as freshwater lakes, but many were buildings with various types of insulation. During the winter, ice and snow would be cut from lakes or rivers, taken into the ice house, and packed with insulation (often straw or sawdust). It would remain frozen for many months, often until the following winter, and could be used as a source of ice during the summer months. The main application of the ice was the storage of foods, but it could also be used simply to cool drinks, or in the preparation of ice-cream and sorbet desserts. During the heyday of the ice trade, a typical commercial ice house would store of ice in a and building. History A cuneiform tablet from c. 1780 BC records the construction of an icehouse by Zimri-Lim, the King of Mari, in t ...
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Dallas
Dallas () is the List of municipalities in Texas, third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the List of metropolitan statistical areas, fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and County seat, seat of Dallas County, Texas, Dallas County with portions extending into Collin County, Texas, Collin, Denton County, Texas, Denton, Kaufman County, Texas, Kaufman and Rockwall County, Texas, Rockwall counties. With a 2020 United States census, 2020 census population of 1,304,379, it is the List of United States cities by population, ninth most-populous city in the U.S. and the List of cities in Texas by population, third-largest in Texas after Houston and San Antonio. Located in the North Texas region, the city of Dallas is the main core of the largest metropolitan area in the Southern United States and the largest inland metropolitan area in the U.S. that lacks any navigable link ...
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Energy Transfer Partners
Energy Transfer LP is an American company engaged in natural gas and propane pipeline transport. It is organized under Delaware state laws and headquartered in Dallas, Texas. It was founded in 1995 by Ray Davis and Kelcy Warren, who remains Chairman and CEO. It owns a 36.4% interest in Dakota Access, LLC, the company responsible for developing the Dakota Access Pipeline. Corporate structure Energy Transfer owns controlling interests in Sunoco LP, 100% of Sunoco Logistics Partners Operations L.P., the general partner of USA Compression Partners L.P., 100% of Lake Charles LNG, which owns an LNG import terminal and regasification facility near Lake Charles, Louisiana, of natural gas transportation pipelines with approximately per day of transportation capacity and 3 natural gas storage facilities in Texas and of interstate natural gas pipelines with approximately per day of transportation capacity, 36.4% of the Dakota Access Pipeline and the Energy Transfer Crude Oil Pipelin ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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