7-11 Franchise

Sammary
The company has its origins in 1927 in Dallas, Texas, USA.Thompson started selling milk, eggs and bread from an ice dock.The original location was an improvised storefront at Southland Ice Company, an ice-manufacturing plant owned by John Jefferson Green.
In 1962, 7-Eleven first experimented with a 24-hour schedule in Austin, Texas. In 1963, 24-hour stores were established in Las Vegas, Fort Worth, and Dallas.
In 1987, John Philp Thompson, the CEO of 7-Eleven completed a $5.2 billion management buyout of the company his father had founded. The buyout suffered from the 1987 stock market crash and after failing initially to raise high yield debt financing, the company was required to offer a portion of the company's stock as an inducement to invest in the company's bonds.
In the 1980s, the company ran into financial difficulties and was rescued from bankruptcy by Ito-Yokado, its largest franchisee. The Japanese company gained a controlling share of 7-Eleven in 1991, [4] during the Japanese asset bubble of the early 1990s. Ito-Yokado formed Seven & I Holdings Co. and 7-Eleven became its subsidiary in 2005. In 2007, Seven & I Holdings announced they would be greatly expanding their American operations, with an additional 1,000 7-Eleven stores in the U.S.

Personal Respond
I like 7-11 because there is facility about goods and I can go to by some goods at 7-11 in everywhere. I can see and buy essential goods in 7-11.



http://en.wikipedia.org/wiki/7-Eleven

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