In the above photo, 7-Eleven is in place on Third Avenue near 20th Street... directly next to a mom-and-pop market... Meanwhile, here are some excerpts from Adrianne Pasquarelli's piece in Crain's ... in which the Slurpee Slingers are planning to, basically, take over Manhattan...
7-Eleven is taking Manhattan by storm. The Dallas-based convenience store operator recently opened two outposts in Murray Hill and has signed leases for another two locations elsewhere in the borough.
“We are actively looking,” said Margaret Chabris, public relations director for 83-year-old 7-Eleven Inc., noting that New York is a key growth market. The company, which has several additional leases out for negotiation in Manhattan, is also moving onto college campuses and airports.
By the end of 2012, 7-Eleven plans to have between 15 and 20 Manhattan locations, according to real estate sources. In the next five years, the company aims to operate 100 outposts here.
“There are more attractive locations available now than there were in the past, and this is due to the recession," Ms. Chabris said. "A lot of small businesses are having a tough time growing, or some of them aren't able to renew leases."
Part of the company's new strategy involves a small-business conversion program where existing mom-and-pop stores, convenience shops or bodegas transition their businesses into 7-Eleven franchise locations. Each outpost costs approximately $250,000 to remodel.
So far, the company has replaced old delis and DVD stores, and even a former Starbucks on Third Avenue.
Any bets on a 7-Eleven in the East Village ... as rumored last year...?