pseudo3d wrote: ↑January 8th, 2018, 8:34 pm
http://www.cspdailynews.com/mergers-acq ... 0-c-stores
The end is near. I'm surprised they aren't mentioning divestments in the overlapping markets, though only one market I can think of (Waco) really has actually has overlap. Circle K got away with keeping almost everything, so I suppose 7-Eleven will too (just as Stripes had when they bought Rattlers). My top 6 questions which will probably be answered one way or another by years end are...
1. Will 7-Eleven keep the Stripes name on stores?
2. Will 7-Eleven keep the larger Stripes stores at all?
3. A few years ago, Stripes acquired Sac-N-Pac out of San Marcos. A few years later, the stores were all either rebranded, closed, or sold off. The only exception is a Sac-N-Pac in Cedar Creek that still operates with their name and logo. I assume that is a franchised operation, will they keep that name or will they be forced to change?
4. A number of stores (mostly Rattlers) have co-branded food service operations (Wendy's, Burger King, KFC) connected to the store. Will 7-Eleven keep these stores or change them?
5. Several years ago, Susser acquired a number of "Quick Stuff" convenience stores from Jack in the Box that were co-branded with a Jack in the Box. What will 7-Eleven do with these?
6. Will 7-Eleven continue to expand in Susser's former market areas?
OK, so all my questions are now answered, or mostly answered.
1. Will 7-Eleven keep the Stripes name on stores?
No. The Stripes disappearance hasn't been all at once--some stores are still Stripes complete with cups and other designs, but those stores have been fading away slowly but surely.
2. Will 7-Eleven keep the larger Stripes stores at all?
It appears like it. The big former Chicks store (10k+) was still Stripes at last check but the large, modern Stripes stores made it through completely intact.
3. A few years ago, Stripes acquired Sac-N-Pac out of San Marcos. A few years later, the stores were all either rebranded, closed, or sold off. The only exception is a Sac-N-Pac in Cedar Creek that still operates with their name and logo. I assume that is a franchised operation, will they keep that name or will they be forced to change?
That particular Sac-N-Pac did convert to Stripes soon after the big push that rebranded or bumped most of them. It was not, however, converted to 7-Eleven, it got kicked off the chain and the former Stripes diamond just says "Food Mart" on it. It should be noted that this is a somewhat unusual case--when Stripes took over Sac-N-Pac, a number of older and/or rural stores got purged. After this purge, almost every Stripes (except for this store, obviously) was converted to 7-Eleven.
It should also be noted that a lot of the Rattlers stores (never rebranded by Stripes) ended up getting purged from the system, including one that still operates as Rattlers but went independent. I don't think any of the "Whistle Stop" stores Rattlers' bought before being by Stripes survived (due to the fast changeover, Whistle Stop never got rebranded).
4. A number of stores (mostly Rattlers) have co-branded food service operations (Wendy's, Burger King, KFC) connected to the store. Will 7-Eleven keep these stores or change them?
While many of the Rattlers have been sold or closed, the Sac-N-Pac and Stripes have this in full force. YES, you can have 7-Eleven with KFC. YES, you can have 7-Eleven with Schlotzsky's. Those are the ones that I have confirmed.
5. Several years ago, Susser acquired a number of "Quick Stuff" convenience stores from Jack in the Box that were co-branded with a Jack in the Box. What will 7-Eleven do with these?
These got dumped pretty quickly. While still bearing the Quick Stuff name just as they were under Stripes, the ones in Houston are owned by Checkout now.
6. Will 7-Eleven continue to expand in Susser's former market areas?
Yes. A number of Raceway stores got bought and are being converted or have been converted, and there are areas now where multiple 7-Elevens occur within a few blocks of each other. While 7-Eleven has not reached the store count it had in many of the areas it had in the market before pulling out years ago (Houston in particular) they're growing fast in suburban areas.