7-Eleven, Inc. has signed an agreement to purchase Wilson Farms, a Buffalo-based convenience store chain with 188 outlets in New York state, with an expected closing in the second quarter. Terms of the deal were not disclosed.
The addition of Wilson Farms significantly increases 7-Eleven’s presence in the western New York area. Post closing, 7-Eleven will assume responsibility for all Wilson Farms locations and personnel from the WFI Group, which is led by Bruckmann, Rosser, Sherrill & Co., a private-equity firm, and the Nanula Family, which together have managed the stores since 2005.
“Wilson Farms has a successful store operation, quality locations and a strong customer-service culture,” said Stan Reynolds, 7-Eleven executive vice president and CFO. “The combination of the two companies will strengthen our convenience offering in the western New York area.”
As the global leader of convenience retailing, 7-Eleven continues to grow its business by adding stores through traditional store development, business conversions and acquisitions.
Sites from ExxonMobil, Inc. in Florida and Illinois, certain Shell sites in Dallas, Quarles Petroleum Inc., Mother Hubbard’s Cupboard, Zooms, Inc., New England Pantry, and Little Sue are among the company’s most recent acquisitions.
“Consumers can expect to benefit from 7-Eleven’s greater concentration of stores in this area, introduction of private brands and other proprietary products,” Reynolds said. “Like Wilson Farms, 7-Eleven is committed to bringing customers quality fresh food, good value and friendly service.”
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As a Shift Manager at one of the Wilson Farms locations in WNY, I'll be the first to post a question;
ReplyDeleteWe've all been in the dark as to the details of this "merger." NO information has been disseminated to us yet, I've learned more in AP stories than from the corporate memos.
...Is my job safe? Is my location safe? It's definitely a good thing that a better-managed leadership is coming in, but at the same time I'm worried that with a larger corporate structure we'll have even less autonomy and security than before...
Hi Anonymous.
ReplyDeleteMy name is Nikki and I am the Manager of Field Recruitment. The recruitment team runs this blog as a group. I wanted to respond to you personally. I can understand your concerns, changes and unknowns can be scary.
Communication is coming; it is early in the process. Please feel free to reach out to me personally. I may not have the answers you are seeking but I will put you in touch with someone that will be able to help if needed.
Most Sincerely,
Nikki
Nicole.gordon@7-11.com