7-Eleven
Nation's largest convenience
store chain.
Headquarters:
2711 North Haskell Avenue
Dallas, TX 75204
Employees: 100,000+
CEO: Joseph DePinto
Privately held
Website:
http://www.7-eleven.com
Career Site
7-Eleven is the world's leading chain of
convenience stores with 34,800 stores in 17 countries. The stores
are best known for their Big Gulp soft drinks and Slurpee frozen
ice drinks. Many stores also sell gasoline.
The company operates or franchises 7,600
stores in the U.S. and Canada.
7-Eleven currently has stores in the United
States, Canada, Mexico, Japan, Singapore, Taiwan, Thailand, China,
Malaysia, South Korea, the Philippines, Australia, Norway, Sweden,
Denmark, Turkey and Puerto Rico. Nearly 50 percent of 7-Eleven
stores are located in the United States and Japan.
A typical 7-Eleven store is between 2,400
and 3,000 square feet, and carries about 2,500 different items.
7-Eleven has the largest ATM network of any retailer in United
States.
Of all U.S. retailers, 7-Eleven sells the
most USA Today newspapers, Sports Illustrated magazines, cold
beer, cold single-serve bottled water, cold Gatorade, fresh-grilled
hot dogs, single-serve chips and money orders. The stores sell
41 million gallons of milk per year.
The company serves 6 million people daily
in the U.S. It generated $46.6 billion in sales in 2007.
7-Eleven, Inc. is privately held and became
a wholly owned subsidiary of Seven-Eleven Japan Co., Ltd. in
Tokyo, Japan, and its affiliates on Nov. 9, 2005.
History
7-Eleven pioneered the convenience store
concept in 1927 at the Southland Ice Company in Dallas. In addition
to selling blocks of ice to refrigerate food, an enterprising
ice dock employee began offering milk, bread and eggs on Sundays
and evenings when grocery stores were closed. This new business
idea produced satisfied customers and increased sales, and convenience
retailing was born.
The company's first convenience outlets
were known as Tote'm stores since customers "toted"
away their purchases, and some even sported genuine Alaskan totem
poles in front. In 1946, Tote'm became 7-Eleven to reflect the
stores' new, extended hours - 7 a.m. until 11 p.m., seven days
a week. The company's corporate name was changed from The Southland
Corporation to 7-Eleven, Inc. in 1999.
July 11 is the official birthday of the
chain.
Benefits
Medical
For full time employees and their eligible
dependents, 7-Eleven offers a consumer driven health program
through United Healthcare. If you elect medical coverage, you
also are eligible for prescription drug coverage. A vision
plan is available for full time employees as well.
For part time employees, an affordable basic medial coverage
is available, which includes a limited prescription drug benefit
plan.
Dental
Three dental options are available to full
time employees including a premium dental plan, a preferred provider
organization (PPO) and a prepaid dental program.
An affordable basic dental coverage plan is available for part
time employees.
7-Eleven Stock Purchase Plan
Once eligible, employees can purchase shares
of 7-Eleven common stock through payroll deduction. 7-Eleven
matches 10 percent of the amount you contribute, and the company
pays for all administrative and broker fees for the stock purchases.
401 (K) Program
Profit sharing is available to all employees
after one year of service. The 7-Eleven Employees' Savings and
Profit Sharing Plan provides an opportunity to save a percentage
of your pre-tax pay for retirement through deferrals, or voluntary
deposits. For most employees, the company matches up to 6 percent
of your contributions.
Life and Accidental Death and Dismemberment
(AD&D)
Basic Accidental Death and Dismemberment
(AD&D) insurance is available to store employees at no cost.
In addition, Basic Term Life insurance is available at no cost
to all employees. Optional Term Life and Optional AD&D for
additional coverage for full-time employees and their eligible
dependents also is offered.
Time Off
The company offers paid time off for holidays,
vacation, sick time, jury duty and family bereavement.
Employee Assistance Program (EAP)
Employees can call a 24-hour, toll-free
number to talk with a qualified counselor about issues such as
financial or legal problems, work-related issues, drug and alcohol
dependency, or other emotional or social difficulties. The EAP
is administered by Managed Health Network and offers counseling
and a referral program.
Tuition Reimbursement
After one year of service, 7-Eleven will
reimburse part time and full time non-store employees for courses
taken at accredited colleges or universities, up to $750 (part
time) or $1,000 (full time). The program also reimburses 80 percent
of your approved tuition, books and fees.
Disability
7-Eleven offers both short-term disability
(STD) for all full time employees and long-term disability (LTD)
for all non-store full time employees.
Updated September 29, 2008
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