7-Eleven Expands in North Texas

Dallas-based 7-Eleven is adding 75 more stores n North Texas over the next three years, the Dallas Business Journal reported.

 

The move is part of the company’s fast-track plan—spurred by opportunities that arose due to the commercial real estate downturn— to add 550 stores nationwide and about 4,000 worldwide during the next three years, CEO Joe DePinto told the Dallas Business Journal.

 

“We’ve really positioned ourselves for this,” DePinto said. “We have a strong balance sheet, real estate values are down, and a lot of other retailers aren’t growing right now, so there’s a lot of real estate available that would have been cost-prohibitive in the past.”

 

The new North Texas stores will be built in Dallas, Tarrant, Collin, Denton and Rockwall counties. 

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