7-Eleven Signs Master Franchise Agreement for Israel, Its Debut in the Country
Company Added
Company Removed
Apply to Request List

7-Eleven Signs Master Franchise Agreement for Israel, Its Debut in the Country

7-Eleven Signs Master Franchise Agreement for Israel, Its Debut in the Country

7-Eleven has signed a master franchise agreement with Electra Consumer Products Ltd. to develop and operate 7-Eleven convenience stores in Israel. Electra is a subsidiary of ELCO Ltd., an Israeli company with a multi-faceted portfolio of business interests. The expansion marks the brand’s first entry into Israel.

7-Eleven will support Electra Consumer Products to implement and localize the brand’s unique retail business model. The first stores in the country are expected to open in 2022. 

“When looking to enter a new retail segment, we knew we wanted a company that had the experience and international reputation to deliver a first-class experience for Israeli customers,” said Electra Consumer Products CEO Zvika Schwimmer. 

“With its vibrant growing population and continued economic expansion, Israel presents an ideal location for 7-Eleven stores,” said 7-Eleven President and CEO Joe DePinto.

In addition to Israel, 7-Eleven recently entered India with its first store there opening in Mumbai. Other countries and regions with a 7-Eleven presence include the United States, Canada, Mexico, Japan, Thailand, South Korea, Taiwan, China, the Philippines, Singapore, Malaysia, Vietnam, Cambodia, Australia, Norway, Sweden, and Denmark.

Founded in 1927, Japanese-owned 7-Eleven, Inc. is headquartered in Dallas. Worldwide, the company operates, franchises, and licenses 71,100 stores in 17 countries (as of July 2020.)

Published: October 22nd, 2021

Share this Feature

Red Roof Inn
SPONSORED CONTENT
Red Roof Inn
SPONSORED CONTENT
Red Roof Inn
SPONSORED CONTENT

Recommended Reading:

Comments:

comments powered by Disqus
The Vitamin Shoppe
ADVERTISE SPONSORED CONTENT

FRANCHISE TOPICS

Angry Crab Shack
ADVERTISE SPONSORED CONTENT
Conferences
InterContinental, Atlanta
JUN 20-22ND, 2023

Published quarterly, Multi-Unit Franchisee Magazine is dedicated exclusively to Multi-Unit Franchisees. It delivers vital information and business...
The Titus Center for Franchising, one of Palm Beach Atlantic's Centers of Excellence, offers a concentration in franchising to business students.

Share This Page

Subscribe to our Newsletters