Archive for Items Categorized 'Avanti Magazine', only excerpts shown, click title for full entry.

Why is our Customer Count Declining?

Romy Singh, Vice Chairman, NCASEF | President, Eastern Virginia FOA The U.S. convenience store count increased to a record high of 154,958 stores as of year-end December 31,2017, resulting in 423 additional stores and 0.3 percent increase year-over-year, according to the 2018 NACS/Nielsen Convenience Store Count data. Currently, every company is looking to expand their […]

2018 Will Be A Challenge For Franchisees

Jay Singh, Chairman The National Coalition and its 7-Eleven franchisee members are between a rock and a hard place. while unemployment is at a 17-year low Eleven franchisee members are between of 4.1 percent. Average hourly earnings a rock and a hard place. The job market is tight, minimum wage is going up, and unemployment […]

A Close Look at the Sunoco Transaction

Eric H. Karp, Esq., General Counsel On January 23, 2018, SEI announced it had closed on the acquisition of 1,030 Sunoco convenience stores located in 17 states. At $3.3 billion in cash, this was the largest acquisition in the history of the company, growing its United States and Canada store count to 9,700 locations. SEI […]

Franchisees Must Be Involved in Decision Making

Rehan Hashmi, Vice Chairman The goals of 7-Eleven, Inc. have not always been aligned with its franchisees. Over the years 7-Eleven franchise owners have both praised corporate leadership and felt threatened by it. Franchisees don’t have a strong voice on brand leadership groups, but continue to participate. At the time of their cancellation, the National […]

Our Vendors: A Partnership Based on Need

Nick, Bhullar, Vice Chairman The very last point in the National Coalition’s Code of Ethics says, “The National Coalition member believes in the rights of all 7-Eleven franchisees to associate together in an independent trade association controlled and financed by 7-Eleven franchisee members.” The National Coalition does this by working to provide win-win-win situations for […]

Who is to Blame For the Declining Gross Profit?

Romy Singh, Vice Chairman, NCASEF | President, Eastern Virginia FOA There seems to be a lot of frustration among franchisees regarding the decline of gross profit year after year. Many feel we are hardly receiving the same gross profit percentage we saw a few years ago. Taking a closer look at the situation, I believe […]

Franchisee Unity

  Four franchisee plaintiffs, with the support of the National Coalition, have filed a class action lawsuit against 7-Eleven, Inc., our franchisor. This action was taken because franchisees are not being treated as independent contractors and business owners due to increasingly pervasive control by our franchisor. Three times, over the course of three separate meetings, […]

Who Is Out Of Touch?

  On November 9, an article titled “Franchisees to Boycott Annual 7-Eleven Trade Show” was published on CSPdailynews.com. The article accurately states, “The presidents of all 43 7-Eleven Franchise Owners Associations, which represent the interests of nearly 7,000 franchised U.S. convenience-store locations, have voted unanimously not to attend 7-Eleven’s annual convention and trade show in […]

7-Eleven By The Numbers

  As I write this, SEI is gearing up for a series of so-called Town Hall Meetings across the country, the apparent purpose of which is to somehow convince existing franchisees how wonderful it is to be a franchisee and why franchisees should be grateful for the franchise agreement they have, notwithstanding the pervasive control […]

SEI’s Town Hall Meetings

  7-Eleven began its Town Hall meetings to talk about the 2019 Franchise Agreement the week of December 4-8, on very short notice. Chicago had ours December 7, 2017, and we believe the presentations were the same for franchisees across the country. In the very first message, a recorded video, a senior vice president of […]