7-Eleven completes acquisition of 180 US stores

7-Eleven Inc. has completed the acquisition of approximately 180 Tedeschi Food Shops, based in Massachusetts.

Through this acquisition 7-Eleven expands their already existing network of 150 stores in the greater Boston and southern New Hampshire area.

“The Tedeschi Food Shops stores complement our 7‑Eleven store operations in the greater Boston area because of their geographical locations, food service focus, community-involved franchisees and commitment to serving their neighborhoods,” said Stan Reynolds, 7‑Eleven’s chief financial officer and executive vice president.

7‑Eleven has made job offers to employees working at the stores and most non-store personnel of Tedeschi Food Shops, formerly owned by the Tedeschi family. The company said this acquisition is part of the international convenience retailer’s accelerated growth plan.

The rebranding of stores will be a gradual process, with most of the Tedeschi Food Shops operating under their own brand for now, commented a 7-Eleven spokesperson to The Boston Business Journal.