7-Eleven Sets $2.4B Expansion

Long Island Business News:

If you thought it was a good bet you couldn’t throw a rock on Long Island without hitting a 7-Eleven, the odds just got even better.

There will be close to 30 more opportunities in 2008 for the consumer seeking a 3 a.m. Slim Jim encounter to whisper, ‘Thank heaven.’

The new outlets join more than 185 stores in Nassau and Suffolk and are part of a $2.4 billion growth strategy rolled out by Seven & I Holdings, the Japanese 7-Eleven franchisee that bought the Dallas-based parent company in 1991, according to Tariq Kahn, president of the Rockville Centre-based National Coalition of Associations of 7-Eleven Franchisees.