7-Eleven(R) Earns Stripes on Top 100 Military-Friendly Employers List
</p><h2>Retailer Salutes Veterans with Jobs, Business Opportunities</h2><p> DALLAS, Jan. 26, 2011 // PRNewswire // -- 7-Eleven, Inc. has been named one of the Top 100 Military Friendly Employers, a list published annually by G.I. Jobs magazine. 7-Eleven® was the only food retailer included and, among all retailers on the list, ranked third.
The G.I. Jobs profile said of the leading/largest convenience retailer, "The company prides itself on a diverse work force and its military-friendly hiring and franchising practices. The company's franchise program offers discounted franchise fees to retired or separated veterans of the U.S. Armed Forces who have been honorably discharged from the service."
In 2009, 7-Eleven introduced a military veterans' franchise program offering discounted franchise fees to retired or separated veterans of the U.S. Armed Forces who have been honorably discharged from the service. Qualified veterans who become first-time 7-Eleven franchisees receive a 10-percent discount on the initial franchise fee for the first 7-Eleven® store they franchise. This discount can range from $1,000 up to approximately $35,000, depending on the store.
Since the program launched 18 months ago, 16 veterans have become 7-Eleven franchisees. Another 18 have applied to become new franchisees. The new business owners have served in the U.S. Army, U.S. Air Force, U.S. Navy and U.S. Marines.
"Being named as one of the top military-friendly employers is one of the greatest honors our organization could receive," said 7-Eleven President and CEO Joe DePinto, a graduate of the U.S. Military Academy at West Point and former U.S. Army officer. DePinto has extended the military-friendly environment to the company's home office in Dallas as well as its field offices across the country.
"The military is an outstanding training ground," DePinto said. "It teaches and instills values based leadership and the qualities of adaptability, perseverance, and a can-do mentality. These traits are important to military personnel, but also much sought after in the business world."
Dennis Wallis, who was honorably discharged from the U.S. Air Force in 1977, and his wife, Sandi, were the first to take advantage of 7-Eleven's veterans' program. The couple acquired a 7-Eleven franchise in Redmond, Ore., in late 2009.
Wallis said the most rewarding aspect of their new business has been the number of new friends they have met in the community. "We can't go anywhere in town where we don't run into people we've met as customers in our store."
Former U.S. Marine Jim Dixon franchised a 7-Eleven store in Aurora, Colo. with his wife, Charlotte, last May. When asked what the biggest challenges were, Dixon said hiring and keeping good people and the hours needed to start a successful business.
Located within a mile of seven schools, the store has a steady stream of customers weekday mornings with parents coming in for coffee, snacks and lunches for kids, and a "huge after-school rush," according to Dixon. Last summer, frozen Slurpee® beverages were hot-sellers with his young clientele.
"The best part has been getting to know my wife in a work environment," Dixon said. "Our skills and personalities really complement each other. I'm the optimist, and she's the realist," he joked.
G.I. Jobs' rankings of the Top 100 Military Friendly Employers® are based on a survey that assesses a company's long-term commitment to hiring former military, recruiting and hiring efforts and results, policies for Reserve/Guard members called to active duty and the presence of special recruitment military programs. For its policies for active-duty Reserve and Guard members, 7-Eleven scored in the top 10 of all ranked companies on the G.I. Jobs list and placed 41 overall.
Approximately 5,000 U.S. companies (with a minimum of $500 million in annual revenues) were eligible for the Top 100. Only 2 percent made the list.
7-Eleven actively recruits for new franchisees and management trainees at military job fairs and advertises in military-focused publications about opportunities with the company. Later this year, the company plans a cause-marketing campaign with its National Coalition of Franchise Owners Associations and a number of its suppliers to benefit a military veterans hiring campaign.
In another national ranking, Forbes Magazine selected 7-Eleven as the second best "bang for your buck" franchise opportunity in the U.S. The business publication measured 100 of the most recognized franchise brands and selected the top 20 that delivered the best opportunity for potential business owners. Companies were reviewed on minimal initial investment, number of locations, survival rate and training hours measured against start-up costs. </p><h2>About 7-Eleven, Inc.</h2><p> 7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises or licenses more than 8,300 7-Eleven® stores in North America. Globally, 7-Eleven operates, franchises or licenses more than 39,000 stores in 16 countries. During 2009, 7-Eleven stores worldwide generated total sales of more than $58.9 billion. 7-Eleven has been honored by a number of companies and organizations recently. Accolades include: #2 on the Forbes "Top Franchise for the Money," #4 spot on Entrepreneur magazine's Franchise 500 list for 2009, #3 in Forbes magazine's Top 20 Franchises to Start, #3 among Top 100 Global Franchises by Franchise Direct, #3 in Store Growth by Convenience Store News, #2 in Franchise Times Top 200 Franchise Companies and #29 among Top 100 Chains in Food Service. In addition, Hispanic Magazine named 7-Eleven in its Hispanic Corporate Top 100 Companies that provide the most opportunities to Hispanics. 7-Eleven recently was selected by three diversity publications as a company offering the best career and franchisee opportunities. 7-Eleven is franchising its stores in the U.S., and is expanding through organic growth, acquisitions and its Business Conversion Program. In addition, the company received the 2009 Shopper-Centric Marketing Innovation from Symphony IRI and the 2010 Retailer of the Year award from PL Buyer because of the company's private-label brand program. Find out more online at www.7-Eleven.com.
SOURCE 7-Eleven, Inc.