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

The State Of The Coalition

By Jay Singh, Chairman, NCASEF, President, San Antonio FOA These are tough times. The COVID-19 pandemic is testing our will and the resilience of all the people around us. It is a very painful test that continues to take away precious lives and freedoms, and paralyze our world as we know it. Since the beginning […]

A Case For Changing The Way We Account For Promotions And Discounting

By Michael Jorgensen, Executive Vice Chairman, NCASEF 7-Eleven’s system of promos and discounts certainly needs some rethinking. While researching my most recent audit using the new Inventory Walk Report, I reviewed the nonalcoholic beverage category by item. Drilling down to the by-item report I noticed that there was an abundance of discounts and markdowns. On […]

All In On Gasoline Chapter 3: Buyer Beware

Eric H. Karp, Esq., General Counsel TO NCASEF In Chapter 2, I explored the implications of the $21 billion acquisition of Marathon Petroleum Corporation’s Speedway business. Among the issues we observed was that the interests and concerns of franchisees in regard to this transaction were invisible, not only to the parent company of your franchisor […]

7-Eleven Fails To Rally Franchisees Against AB-5

By Jaspreet Dhillon, NCASEF Treasurer, President, FOA of Greater Los Angeles Earlier this year, in Avanti’s March/ April 2020 issue, I talked about the status of California Bill AB-5, titled “Worker Status: Employees and Independent Contractors.” It is an incredibly important bill for 7-Eleven franchisees, because it directly affects the impending franchisee misclassification lawsuit filed […]

What Not To Do

By Arnold J. Hauptman, Esq., General Counsel, UFOLINY To the best of my knowledge, 7-Eleven has long since installed in every franchised store a video system capable of viewing, 24/7, all operations of a store in either recorded or real time. In other  words, except for your bathroom and office, there is an eye in […]

Transparency And Collaboration—A Greek Myth?

By Michael Jorgensen, Executive Vice Chairman, NCASEF How can 7-Eleven, one of the world’s oldest and largest franchisors, continue to have a such an avaricious and contentious relationship with it’s franchisees? We form the backbone on which this company was built, and we have a common goal: to make our businesses, and the 7-Eleven brand, […]

CARES And Competition For Labor

By Jay Singh, Chairman, NCASEF, President, San Antonio FOA Franchisees enduring the front lines of the COVID-19 pandemic are under great pressure these days by the labor market. Unemployment claims have increased so much that we have permanent help wanted signs in our windows and we still can’t find people to work our stores. I […]

All In On Gasoline – Chapter 2

Eric H. Karp, Esq., General Counsel TO NCASEF The announcement by SEI’s parent company of its $21 billion acquisition of Marathon Petroleum Corporation’s Speedway business created quite a stir when it was publicly announced on August 3, 2020. I have written many times in this space of the impact on franchisees of SEI’s multi-year and […]

The Big Disconnect

By Michael Jorgensen, Executive Vice Chairman, NCASEF             One of the main selling points used by 7-Eleven for many years, and highlighted in franchising materials, is the gross profit split model. The sharing of merchandise gross profit is still very unique, as many franchise models take a royalty as a percent of total sales. At […]

SEI’s Gas Pricing Strategy

By Jay Singh, Chairman, NCASEF, President, San Antonio FOA                         Over the last eight to ten years 7-Eleven has made a concentrated effort to acquire gas stores, and in some cases, wholesale gas distribution resources, which make it look more like a gas company than a convenience store company. Still, today franchisees are plagued […]