7-Eleven for sale in Australia 711
7-Eleven goes on sale: iconic supermarket chain looking for a buyer – 46 years after first launching in Australia
The entire 7-Eleven business is up for sale in Australia – just months after the iconic convenience store raised the price of its famous $1 coffee.
“The company has great momentum and a compelling strategy for growth in convenience foods, the continued transformation of our entire merchandise offering, digital and format innovation, and new stores,” said Michael Smith, president of 7-Eleven. Holdings, to the media.
“With such a strong platform, shareholders have decided the time is right for a new owner of the company to oversee the next phase of our growth and development.
“It’s business as usual in our network of stores, and our focus is on our customers and being the number one choice in convenience stores in Australia.”
More to come.
