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7-Eleven Aggressively Expanding In NYC With Over 100 New Locations
By
John Del Signore
Published Feb 23, 2012
Modified Feb 23, 2012
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By
John Del Signore
Published Feb 23, 2012
Modified Feb 23, 2012
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Phew, New York City's getting more generic 7-Eleven convenience stores like the rest of mini-mall America! No more will consumers be forced to tolerate the tiresome idiosyncrasies of locally-owned and operated convenience stores; soon they'll find a shiny new 7-Eleven on just about every corner, where they can enjoy the same shopping experience they used to enjoy back home in Ohio. It's like that planet in A Wrinkle in Time where all the children play in perfect synchronization, bouncing their balls and jumping rope in happy uniformity! Welcome to the United States of Generica, NYC. Craine's reports:
With a dozen outposts already up and running in Manhattan, the chain's parent, Seven & I Holdings Co. expects to open as many as another 14 this year, some of those in spaces leased last year, others in locations not yet set.
In coming months new stores will bow in neighborhoods including midtown, Greenwich Village, Chelsea and the Upper East Side. The company is also eying the Financial District. Beginning next year, 7-Eleven plans to ramp things up, adding 20 locations—ranging in size from 1,500 square feet to 3,000 square feet—every year until 2017.
And it's not just New York that's hitting the Highway to Eleven; there are 44,000 7-Eleven locations worldwide. And here in NYC, the chain can take advantage of the obscene rents that have forced out the locally-owned retail outlets. And it also has the muscle to seduce bodega owners to turn their stores into 7-Eleven dark sides. Three bodegas will morph into 7-Elevens this year—the owners receive an average of $280,000 for the transition. It's a pretty good deal for 7-Eleven, considering the chain is getting New York City's eternal soul in exchange.
Tagged
7 eleven
destiny
expansion
John Del Signore
Originally from the Albany area, John Del Signore has called NYC home since 1995. In addition to his thousands of meticulously-crafted bespoke blog posts for Gothamist, his writing has also been published in The Awl, Deadspin, The Nervous Breakdown, and performed at The Brick Theater in Brooklyn.
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Gothamist is funded by sponsors and member donations
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