In case you missed it... there was a Marketplace Morning Report on Friday about 7-Eleven's plans to
A few highlights from the report:
Lots of places sold those commodities and 7-Eleven couldn’t compete. The company closed its few Manhattan stores in the early 80s. But now, it wants to grow, and fast, and New York is 7-Eleven's number one priority.
“Where are we not where we could be the fastest and have the most number of stores?” Barnes says.
Within five years, 7-Eleven could be nearly as ubiquitous in Manhattan as Starbucks. The company plans to open at least 30 new stores a year.
And!
That’s bad news for shop owners like Kyung Chan Yu.
“I don’t know. I don’t know why they do that to me?” he says as he stands in the corner deli in Chelsea he’s owned for years.
After 7-Eleven opened next door recently, his sales are down 25 percent.
Here's the full report:
Thanks to EVG regular Andrew Adam Newman on Ave C for the link.
Previously on EV Grieve:
7-Eleven continues to feast on the East Village; next up, St. Mark's Place
[Updated] More from the anti-7-Eleven front on Avenue A and East 11th Street
