An unusual landmark has been reached by 7-Eleven, as it opens its 71,100th store in Seoul, South Korea.
“7-Eleven’s iconic orange, green and red stripes are easily recognised in 17 countries around the world,” said 7-Eleven President and CEO Joe DePinto. “The company got its start because an entrepreneurial ice-dock employee saw his customers had a need and came up with a creative way to serve them. A lot has changed in how, when and where 7-Eleven does business. But one thing that hasn’t changed is our commitment to put customers at the forefront of all we do.”
The brand opens a new store somewhere in the world roughly every three and a half hours. Early last month, the first store in Hunan, China broke the international opening-day sales record for the company brand, reporting US$70,310 of turnover.
With the new 7-Eleven milestone passing, the growth shows no signs of slowing. Master franchisees for India and Cambodia are expected to be taken up soon. In Asia, 7-Eleven already has networks in China, Hong Kong, Singapore, Thailand, Malaysia, Japan, South Korea and Vietnam.
