Sunday, February 27, 2011

7 eleven : twelve,thirteen...........forty thousand+ stores


The news is about the super success of 7 ELEVEN retail stores which bagged the title of largest retail store by announcing its global domination by opening its 40,000 store this week.

According to their CEO, Joe Depinto:' they open a new store every three and a half hour'.
The store caters to 16 nations excluding India and Brazil..But very soon these nations will be on its list.

7 Eleven, a Dallas based company, has introduced the concept of immediate consumption for Americans.7-Eleven's steady stream of customers looking for cheap and quick convenience has made the company more recession resistant than its peers

This year, 7-Eleven is rolling out Etch-it Bud Light bottles that you can write your name on, new Slurpee flavors and a service that allows customers without credit cards or a bank account to shop online and pay their bills in cash. Also 15,000 to 20,000 jobs are being created every year by this mushrooming store.

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