Archive for Items Categorized 'Avanti Magazine', only excerpts shown, click title for full entry.
By now you have all heard of SEI’s purchase of 1,100 Sunoco convenience stores, all of which have gas. It’s just the latest in many acquisitions the company has made within the last few years, with more planned for the future. This is great news, as our franchisor is growing and the 7-Eleven brand […]
One of the most famous phrases of early American history is “Millions for defense, but not one cent for tribute.” This phrase grew out of negotiations that the young nation of the United States attempted to carry out with France in order to avoid war. The French diplomats agreed to commence negotiations, but only […]
Recently, SEI started a ‘Grab-n-Go’ test in a few stores in Dallas. The idea behind ‘Grab-n-Go’ is to have hot food and grill products stocked in boxes ready to go to help increase sales without adding costs to payroll. The test has shown success in terms of increasing sales of the grill products, but […]
As 7-Eleven franchisees, we love our brand. Our stores allow us to make a good living while providing friendly services to our customers and building strong ties with our communities. But times are changing. Unlike in the past, when our only worry was a competing c-store, these days we’re being bombarded with additional competition. […]
A number of years ago, our franchisor’s focus was on obtaining the lowest cost of goods for our stores. Any company with a recommended product delivered a lower cost, and SEI would renegotiate to obtain the lowest possible price in the form of billbacks. This process helped generate sales and profits for both franchisees […]
Many of us are familiar generally with the concept of a conflict of interest, but seldom is that term defined in a formal sense. Essentially, a conflict of interest exists where the impartiality of a party is undermined by simultaneous duties to other parties that have differing interests. Many franchise systems give franchisors the […]
When 7-Eleven went about selling the BT program as a way to “simplify processes” at the store level, it sounded promising and maybe even too good to be true. Franchisees went along with our business partner on this endeavor, because franchisee store sales performance is directly impacted by how efficiently the demand chain works. […]
The new Franchisee Merchandising Advisory Council met for the first time in Dallas on Friday June 16, 2017. This committee was formed based on a request made at the last CEO Roundtable to provide franchisees with more opportunities for input and ideas on merchandising topics. Franchisees in attendance included: Nick Bhullar, Vice Chairman, NCASEF […]
The recent movie “The Founder” is based on the story of how Ray Kroc grew the McDonald’s brand through franchising. Several scenes in the movie peaked my interest as being eminently relatable to 7-Eleven and even prompted me to look for more McDonald’s comparisons to our system. The first scene revolves around the design […]
SEI has stated and demonstrated it is on a growth path in Canada and the United States by continuing to make store acquisitions that add to overall store totals. The company is presently near its goal of 10,000 locations in North America with its recent purchase of 1,108 Sunoco c-stores (with gas), which brings […]
