Archive for Items Categorized 'Avanti Magazine', only excerpts shown, click title for full entry.
BY SUKHI SANDHU, NCASEF CHAIRMAN I am deeply honored to serve as Chairman of the National Coalition. When I campaigned for the position, I announced my focus would be on three dynamics that will affect and involve all stakeholders in our 7-Eleven system: unity, communication and relationships, and financial health. Now, with the help of […]
By John Harp, CSP, ARM—Risk Engineering Consultant, Mitsui Sumitomo Insurance Group What is workers’ compensation insurance? This insurance is protection for employees who are injured or become ill during the course of their job. It can be the result of an incident—like hurting their back lifting a case of water or being injured during […]
By Arnold J. Hauptman, Esq., General Counsel, UFOLINY Maybe it just seems that way, but it appears to me from phone calls received from franchisees, that 7-Eleven local management is issuing more LONs and Notices of Material Breach than in the past. Moreover, many (but not all) of these Notices involve petty deviations from the […]
Guest Column: John Harp, CSP, ARM—Risk Engineering Consultant, MSIG Insurance Group The COVID-19 pandemic may have one positive outcome—studies show that in 2020 people have a heightened awareness of basic safety, health, and wellness. This translates into a need to do the right things, including ensuring a safe walking, working, and shopping environment inside and […]
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 […]
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 […]
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 […]
By John Harp, CSP, ARM, Risk Engineering Consultant WHAT IS WORKERS’ COMPENSATION INSURANCE? Workers’ compensation insurance is protection for people who get injured or become ill during the course of their employment. It can be the result of an accident—like hurting their back lifting a case of water—or being injured during an assault. Workers’ compensation […]
BY JAY SINGH, CHAIRMAN, NCASEF Of the three different types of 7-Eleven stores—traditional, acquisition, and Business Conversion Program (BCP)—acquisition stores that come with brand name gasoline like Exxon or Chevron seem the most troublesome to operate. The reason being that these stores are not fully integrated into 7-Eleven’s electronic system and the franchisee often ends […]
ERIC H. KARP, ESQ., GENERAL COUNSEL TO NCASEF For several years, SEI and its publicly held parent company have been on something of a buying spree of gasoline based assets. As far as we know, this trend began in December 2010 with the acquisition of 183 properties from Exxon Mobil Corporation in Florida, followed by […]
