Archive for Items Categorized 'Avanti Magazine', only excerpts shown, click title for full entry.
By Joe Rossi, NCASEF Executive Vice Chair In our fast-paced and competitive industry, it is vital to seek support and resources to maintain a thriving enterprise. As a 7-Eleven franchisee, joining your local Franchise Owners Association (FOA) can provide numerous benefits that will contribute to the growth and success of your store. I cannot emphasize […]
By Eric H. Karp, Esq., General Counsel To NCASEF In this message, I pay homage to the late and great Boston Globe sports columnist and editor Ernie Roberts, the progenitor of “Thoughts While Shaving.” As a teenager, I very much looked forward to his columns on the left-hand side of the first page of the […]
By Sukhi Sandhu, NCASEF Chairman After a two-year hiatus due to the pandemic, the 7-Eleven Experience came back bigger and better than ever before! Held at the MGM Grand in Las Vegas, the event showcased the best of what 7-Eleven has to offer. It was amazing to see everyone—all the stakeholders and partners—coming together for […]
By Joe Rossi, NCASEF Executive Vice Chair The success of any business relies on a healthy relationship between its stakeholders. This is especially important in the case of our business today. A strong and healthy relationship between SEI, franchisees, and our vendor partners results in better communication, greater efficiency, increased sales, and a better customer […]
By Eric H. Karp, Esq., General Counsel To NCASEF I have recently received a number of questions about whether 7-Eleven franchisees are subject to non-competition covenants in their franchise agreements. These questions appear to be generated for two separate and unrelated reasons. First, the non-competition provisions of the franchise agreement changed materially with the so-called […]
By Sukhi Sandhu, NCASEF Chairman When I, along with the other newly elected NCASEF officers, began serving our terms in January of 2022 we set a goal of developing open communication with SEI so we could work together to improve the 7-Eleven business for all stakeholders. Another focus of our administration was to change the […]
By Joe Rossi, NCASEF Executive Vice Chair Many franchisees have been facing a significant labor shortage in recent years. This has had a major impact on our business, making it difficult for us to keep our stores running smoothly and efficiently. One of the main challenges we have encountered as a result of this labor […]
By Sukhi Sandhu, NCASEF Chairman There are many challenges that franchisees and the system are currently facing. Among them are the AR Gap, store safety, delivery issues, and rising operational expenses that include labor costs, inflation, and rising credit card swipe fees, and others. However, NCASEF is diligently working with SEI to address these issues […]
By Joe Rossi, NCASEF Executive Vice Chair The 30 plus years that I’ve spent at the corner of North Dearborn and Maple in Chicago as a 7-Eleven franchisee have been some of the greatest of my life. Since I first opened the doors of my store, I’ve been able to support my community through thick […]
By Eric H. Karp, Esq., General Counsel To NCASEF This assurance to investors in Seven & i Holdings Co., Ltd., the publicly held parent company of 7-Eleven, Inc., appears as a small print footnote within the 23-page report entitled “Brief Summary for the Second Quarter of FY 2022 (Year Ending February 28, 2023).” The assurance […]
