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Tuesday, Jul 30
7-Eleven to expand in U.S.
- The 7-Eleven retail chain is about to enter a growth phase in the U.S., according to Seven & I Holdings CEO Toshifumi Suzuki.
- The company plans to make acquisitions and raise the quality of stores in an effort to mimic the success of the chain in parts of Europe.
- The aggressive push by 7-Eleven could affect the plans of Dunkin Brands' (DNKN) and The Pantry (PTRY) which are also in an expansion mode.