Archive for Author 'Toni Antonetti', only excerpts shown, click title for full entry.
February 28, 2018
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 […]
February 28, 2018
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 […]
February 28, 2018
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 […]
February 28, 2018
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 […]