7-Eleven, Inc.

7-Eleven has accelerated its U.S. expansion by entering into the largest acquisition in its history.    The c-store retailer has agreed to buy the Sunoco chain of gas stations, which includes some 1,108 convenience stores located in 18 states, for a reported $3.3 billion.   

7-Eleven continues to reduce electricity use in its stores.   The company has signed an agreement with TXU Energy to purchase 100% Texas wind energy for all its Texas stores located in competitive energy markets.    The 96-month wind energy agreement, which impacts 425 stores, starts June 1, 2018, and is expected to reduce 7-Eleven's carbon footprint by 6.7% while providing significant operating expense savings.  

The quest to be a leader in unified commerce remains on top of retailers’ to-do lists. And those companies that tap the power of drones could be positioning themselves to become leaders in the game.

A process that breaks down operational silos, unified commerce requires retailers to transform their organization, business processes and technology to align with customer demands. The result: the ability to drive a top-notch, frictionless, non-frustrating and valuable customer experience.

UPS is the latest company to try its hand at drone deliveries.   The delivery company has successfully tested a drone on Monday, Feb. 20, in Lithia, Florida. Called an octocopter drone, the device launches from atop of a UPS package car, autonomously delivers a package to a home, and then returns to the vehicle while the driver continues along the route to make a separate delivery.   

With an eye on customer engagement, 7-Eleven is upgrading its point-of-sale fleet chainwide.   7-Eleven entered into an agreement with NEC, making the technology company its exclusive POS provider. Overall, 8,600 7-Eleven stores throughout the United States and Canada will be outfitted with the TwinPOS G5100, a POS system that also features a sleek, durable customer display to run promotions, share information, and create a personalized shopping experience.  

As the retail industry settles into 2017, CIOs industry-wide are dusting off their To-Do lists, and creating a game-plan on how to implement this year’s top priorities.   While these projects will run the gamut, retail is facing an inflection point — one that is influenced by new, “smarter” solutions that will not only change the trajectory of how businesses operate, but how chains will communicate with employees and customers.   

Lowes Foods knows the key to success is retaining your best, most profitable shoppers.   By extending its partnership with ProLogic, the engine behind the grocer’s Fresh Rewards loyalty program, the chain will continue to award customers with instant rewards for merchandise throughout its 100 stores, and gas at participating Speedway and Lowes Foods gas stations.   

Logistics and supply chain executives from such retail powerhouses as Walmart, Target, Hudson’s Bay Company,  7-Eleven, Neiman Marcus, and The Home Depot will be among the speakers at the Retail Industry Leaders Association’s annual Retail Supply Chain Conference.