-
7-Eleven to open in Vietnam
Dallas - 7-Eleven Inc. is taking its business to Vietnam.
The company has signed a master franchise agreement with Seven System Vietnam Co. Ltd. to develop and operate 7-Eleven stores in Vietnam, with the first stores expected to open in 2017. Seven Systems plans to construct 7-Eleven stores, convert existing locations to the 7-Eleven brand supported by enhanced infrastructure, and eventually franchise operations to local businesspeople.
-
Havertys net income stays flat in Q2
Atlanta – A rising cost of sales kept net income at Havertys Inc. essentially flat at about $4.83 million during the second quarter of fiscal 2015. Profit stayed even despite net sales rising 7% to $187.73 million, from $175.13 million the same period a year earlier.
Same-store sales increased 4.8%. Havertys plans to open a net total of three new stores by the end of the fiscal year.
