7-Eleven Opening Stores, Not Closing Them

The convenience store announced it would open 200 new stores this year. A rep said that attractive locations had opened up for the retailer that were previously too expensive.

"According to Kenneth Barnes, manager of real estate for 7-Eleven's Northeast division, there are 15 sites in the [New York] metropolitan area that 'the company has had its eyes on for years that have become available for us to pursue in the last year.' And he said the leases it was currently negotiating carried rents more than 30 percent below the level of six months ago."

Full Story: 7-Eleven Sees an Opportunity to Open Doors

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!
Red necktie with map of Boston

Tie one on to celebrate your city

Choose from over 20 styles of neckties imprinted with detailed city or transit maps.
$44.95

City Coasters

Hand-drawn engraved maps of your favorite neighborhoods are divided up across 4 coasters making each one unique.
$36.00