Archive for Items Categorized 'Avanti Magazine', only excerpts shown, click title for full entry.
Teeto Shirajee, NCASEF Vice Chair As small business owners, we’re no strangers to economic pressures—whether it’s rising labor costs, shrinking margins, or supply chain disruptions. But President Trump’s recent implementation of extensive tariffs adds yet another layer of concern that could hit our stores where it hurts: the cost and availability of products. If these […]
Sukhi Sandhu, NCASEF Chairman Right now, there’s a lot of uncertainty in the economy, and that uncertainty is hitting our stores. Customers are spending less because they have less disposable income and are unsure about the future. We’ve heard it from SEI’s own team during our recent NCASEF Board meeting—consumer spending is slowing down, and […]
Sukhi Sandhu, NCASEF Chairman With 2024 now behind us, it’s safe to say last year felt like a rollercoaster ride for 7-Eleven franchisees. We’ve faced some big challenges, but also pulled off some impressive wins. Looking back, it’s clear that our resilience and unity got us through some tough times. Now as we gear up […]
By Eric H. Karp, Esq., General Counsel To NCASEF In an article published in C-Store Five on December 16, 2024, the reporter opined that 7-Eleven has experienced significant financial setbacks in 2024 as it faced mounting economic challenges brought on by inflation, not to mention a potential management buyout and initial public offering. According to […]
Sukhi Sandhu, NCASEF Chairman Our stores are an extension of our hard work and determination as franchisees. Every detail matters, and when things go wrong—a distributor failing to deliver, a Help Desk call leaving us without satisfactory answers or taking too long to resolve , or a maintenance technician arriving without the needed parts—it’s easy […]
Teeto Shirajee, NCASEF Vice Chair Running a 7-Eleven store has its challenges, especially when retail sales start to dip. In fact, we’re all feeling the pinch of changing customer habits, rising costs, and a fiercely competitive market. In moments like these, leadership makes all the difference. But not the type of leadership that revolves around […]
By Teeto Shirajee, NCASEF Vice Chair Election years can significantly impact various sectors of the economy, including the retail industry and our 7-Eleven stores. The uncertainty surrounding elections often brings shifts in consumer behavior, market conditions, and policy changes, all of which can influence our store operations. Here are some ways election years impact the […]
Sukhi Sandhu, NCASEF Chairman Recently, I and the NCASEF officers had a productive meeting with SEI leadership to discuss several pressing issues that have been weighing on franchisees and our system. To my knowledge, this meeting was historic as it marked the first time all NCASEF officers have sat down with SEI’s executive team for […]
By Eric H. Karp, Esq., General Counsel To NCASEF When you are aligned with your franchisees, you can rule the world. Franchisees are our primary customers. No one has more skin in the game. The metric that matters most to our owners is restaurant level profitability. Franchisees depend on those profits for their income. These […]
Nick Bhullar, NCASEF Executive Vice Chair Driving foot traffic and building customer loyalty are important to the success of our stores, especially in today’s economic climate. We can achieve these goals by focusing on two key strategies: product innovation and diversification. By continuously updating our product mix and offering exclusive items, we can attract new […]
