Interesting. I did some consulting for a PE firm that owns/partially owns some big players in the C-store space (not 7-11) around this topic a few years ago. Recommendation was to go the Europe route (similar to Japanese model) and significantly upgrade the food offerings, which are crazy good on margins. Also stock high end cold coffee offerings as a play to steal Starbucks market share of your daily morning $5 spend.
Spent a lot of time visiting the local U of O 7-11 after hours for a quick microwave burrito. Definitely, when the going get weird, the weird go to 7-11.
Amazon tried that in some stores and if failed miserably to no one's surprise except for high level Amazon workers shelf stockers like buck. Hell, many US stores are ending self-checkout (which is somewhat monitored) because of shoplifting. Even Costco is now closely checking Costco cards before you enter self-checkout.
As long as they keep my buffalo chicken rollers, 99 cent horchata Big Gulps, and 3 for $5 ON pouches, they can fill the rest of the store with live eel as far as I'm concerned.
It's true. I live across the street from a 7/11, unfortunately, and the pizza has been so good that the thought of it makes me vomit now. I can't do it anymore.
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Interesting. I did some consulting for a PE firm that owns/partially owns some big players in the C-store space (not 7-11) around this topic a few years ago. Recommendation was to go the Europe route (similar to Japanese model) and significantly upgrade the food offerings, which are crazy good on margins. Also stock high end cold coffee offerings as a play to steal Starbucks market share of your daily morning $5 spend.
Will there be more, or less, fighting at 7-11's in the future?
Have seriously considered opening a franchise. Good money in them.
7-11's attract a lot of strange people. It was often a good hunting ground on a slow night. All sorts of people drop by in the wee hours.
Spent a lot of time visiting the local U of O 7-11 after hours for a quick microwave burrito. Definitely, when the going get weird, the weird go to 7-11.
I eat at qt quite a bit
On a side note, I saw a video of a type of convenience store in Korea with no employees! You go in and get your stuff and buy on the honor code.
Sadly that would never, ever, ever work in the good 'ol USA
Amazon tried that in some stores and if failed miserably to no one's surprise except for high level Amazon
workersshelf stockers like buck. Hell, many US stores are ending self-checkout (which is somewhat monitored) because of shoplifting. Even Costco is now closely checking Costco cards before you enter self-checkout.As long as they keep my buffalo chicken rollers, 99 cent horchata Big Gulps, and 3 for $5 ON pouches, they can fill the rest of the store with live eel as far as I'm concerned.
They SF at 3 am... by they had fresh hotdogs, so all good!
7 11 pizza is surprisingly good
It's true. I live across the street from a 7/11, unfortunately, and the pizza has been so good that the thought of it makes me vomit now. I can't do it anymore.