7-Eleven, Inc.

CINCINNATI, Ohio — KSS Retail, a global provider of price optimization and shopper insight solutions for the grocery, convenience, chain drug, general and online retail industries, has launched a new product that will enable businesses to efficiently harness data for more accurate forcasting.

Called PriceStrat Analyzer, the advanced business intelligence solution is designed to help the retail industry identify trends and exceptions so they can make faster, more accurate decisions about pricing and promotions. 

CARY, N.C. — The Pantry, a leading independently operated convenience store chain in the southeastern U.S., has appointed former Dollar General executive Kathleen Guion to its board of directors.

Dallas -- 7-Eleven announced Monday it has closed on the acquisition of 46 Hickory Point and Palms Stores from CB Mart.

While the terms of this particular deal haven’t been made public, the acquisition boosts 7-Eleven’s Carolinas store count to more than 100 and puts the c-store operator solidly on track to continue its accelerated growth plan. 7-Eleven earlier acquired 55 Sam’s Mart and 13 Fast Track stores in the two-state area.

Dallas -- 7-Eleven will rebrand convenience stores in Ohio’s Cuyahoga and Lorain counties as part of a 19-store lease from Allentown, Pa.-based Lehigh Gas Partners LP.

The effective date of the leases will vary, but all leases are expected to be in place by March 31, 2013.

Dallas -- 7-Eleven announced Tuesday that the company achieved record store growth in 2012 and expects the number of 7-Eleven stores worldwide to pass the 50,000-store mark by the end of the first quarter.

The c-store chain added nearly 5,000 stores globally in 2012; 1,000 were in the U.S. and Canada. At year’s end, 7-Eleven operated 49,500 stores in 16 countries.

Dallas -- Real estate investment firm The Cogent Group said Tuesday that it has acquired 15 KFC properties in North Carolina. The properties are leased to a franchisee.
 
The 15 units are located in prime retail corridors in the North Carolina Triad market consisting of Greensboro, Winston Salem, and High Point, with above average unit sales. The properties are subject to long-term triple net leases having an initial term of 20 years, plus renewal options.
 

Dallas -- 7-Eleven announced Thursday that it has acquired 143 Speedy Stop and Tigermarket retail locations from C. L. Thomas, of Victoria, Texas.

The acquisition, which closed Dec. 31, increases 7-Eleven stores' footprint in San Antonio, where recently the country's largest convenience retailer purchased 25 stores as part of its acquisition from TETCO. It also adds to 7-Eleven's growing fuel wholesale-delivery business because the acquisition includes gasoline distribution to approximately 150 dealer-operated sites.

Washington, D.C. -- On Tuesday, a majority of named class plaintiffs filed a notice of appeal to challenge a ruling from the U.S. District Court for the Eastern District of New York granting preliminary approval to a proposed settlement of a long-standing antitrust class action filed by merchants against Visa, MasterCard and the largest banks. The merchant group will ask the U.S. Court of Appeals for the Second Circuit to deny preliminary approval due to the legal defects in the proposed settlement.
 

Dallas -- 7-Eleven announced that it has completed the purchase of 12 stores from Fast Track  in Central North Carolina, including Winston-Salem. Terms of the agreement are not disclosed.

Remodeling of the units to transform them into 7-Eleven stores gets underway in late November and rebranding is expected to be complete by mid-February 2013.

Dallas -- 7-Eleven announced that it has acquired the retail and wholesale dealer assets of San Antonio-based Tetco, closing a deal that was announced Aug. 14.

The assets include 163 company-operated convenience stores in Utah and the Dallas-Fort Worth, Austin and San Antonio areas of Texas.

Terms of the deal were not disclosed.

The acquisition signals a return to San Antonio for 7-Eleven, where the company had operated stores until 1989.