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7-Eleven Signs Agreement with Electra Consumer Products to Operate in Israel

Retrieved on: 
Tuesday, October 12, 2021

The expansion marks the 7-Eleven brand's first entry into Israel and will be the 19th country in which 7-Eleven stores will operate.

Key Points: 
  • The expansion marks the 7-Eleven brand's first entry into Israel and will be the 19th country in which 7-Eleven stores will operate.
  • As we begin to introduce 7-Eleven stores to neighborhoods across Israel, we are dedicated to offering the best shopping experience and products available," said Electra Consumer Products CEO Zvika Schwimmer.
  • 7Eleven will support Electra Consumer Products to implement and localize the brand's unique retail business model.
  • "Our strategic relationship withElectra Consumer Productswill bring 7-Eleven's brand of convenient products and servicestomillions ofIsraeliconsumers."

7-Eleven Signs Agreement with Electra Consumer Products to Operate in Israel

Retrieved on: 
Tuesday, October 12, 2021

IRVING, Texas,  Oct. 12, 2021 /PRNewswire/ -- 7–Eleven, Inc., the world's largest convenience retailer with more than 77,000 stores worldwide, has signed a master franchise agreement with Electra Consumer Products Ltd. to develop and operate 7–Eleven® stores in Israel. Electra is a subsidiary of ELCO LTD. (TASE: ELCO), a leading Israeli company with a multi-faceted portfolio of business interests. The expansion marks the 7-Eleven brand's first entry into Israel and will be the 19th country in which 7-Eleven stores will operate.

Key Points: 
  • The expansion marks the 7-Eleven brand's first entry into Israel and will be the 19th country in which 7-Eleven stores will operate.
  • As we begin to introduce 7-Eleven stores to neighborhoods across Israel, we are dedicated to offering the best shopping experience and products available," said Electra Consumer Products CEO Zvika Schwimmer.
  • 7Eleven will support Electra Consumer Products to implement and localize the brand's unique retail business model.
  • "Our strategic relationship withElectra Consumer Productswill bring 7-Eleven's brand of convenient products and servicestomillions ofIsraeliconsumers."