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7-Eleven to purchase 14 Virginia petrol stations in US
Posted / Last update: 09-07-2010
US convenience chain 7-Eleven has agreed to purchase 14 gasoline stations in Virginia from Quarles Petroleum
A 7-Eleven c-store at a Shell retail outlet
The outlets will be rebranded as 7-Eleven stores, but will continue to sell Shell gasoline. The terms of the deal have not been disclosed. The deal is part of a 20-store disposal programme Quarles offered through Matrix Capital Markets Group.
A 7-Eleven spokesperson said starting this month, the new 7-Eleven outlets will be remodelled, yet remain open during the work. The stores will be equipped to sell 7-Eleven products like coffee, Slurpee and Big Gulp beverages. The outlets will be offered for franchise.
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