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.

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