7-Eleven, a consolidated subsidiary of Japanese retail group Seven and I Holdings, will acquire approximately 1,100 convenience stores from convenience and retail fuel operator, Sunoco (SUN). According to a company release, the $3.3 billion-assets for acquisition include a majority of SUN's convenience stores in 19 geographic regions primarily along the East Coast and in Texas,…
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Convenience Retailing as Part of the Education and Employment Solution for the USA
Everyone works for 3 reasons: Money Self-Improvement (building skills, a resume and a network) Fun (subjective for every individual) It is an old adage that the best way to get a high paying job is to get a low paying job and do it well. A common theme at several Federal Reserve meetings and business…
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EIA Gasoline and Diesel Retail Prices Update (January 23)
EIA Gasoline and Diesel Retail Prices Update (January 23) The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week ended January 23, 2017. Both gasoline and diesel prices subsided for the second consecutive week. Retail prices had been on an eight-week upward trek following the November 30…
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Ford Adding Electrified F-150, Mustang, Transit by 2020 in Major EV Push; Expanded U.S. Plant to Add 700 Jobs to Make EVs, Autonomous Cars
Ford detailed seven of the thirteen new global electrified vehicles (EVs) it plans to introduce in the next five years, including hybrid versions of the iconic F-150 pickup and Mustang in the U.S., a plug-in hybrid Transit Custom van in Europe and a fully electric SUV with an expected range of at least 300 miles for…
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