Jackson Buys Boise 7-Elevens
Northwestern wholesaler-retailer acquires eight Treasure Valley 7-Elevens
BOISE, Idaho -- Jacksons Food Stores Inc. has acquired several 7-Eleven convenience stores in the Treasure Valley area of Boise, Idaho. 7-Eleven Inc. agreed in early November to sell the eight franchised stores in southern Idaho to Jacksons Food Stores, which operates approximately 144 c-stores and nine quick-serve restaurants in Idaho, Oregon, Washington and Nevada, 7-Eleven spokesperson Margaret Chabris told CSP Daily News.
Headquartered in Meridian, Idaho, Jacksons Food Stores is the fifth largest privately held corporation in the state and does not operate [image-nocss] franchised stores.
"The 7-Eleven franchisees were first offered the opportunity to acquire their store and run it independently," said Chabris. "Jacksons agreed to interview all 7-Eleven franchisees in this area and their employees for potential future employment opportunities. The deal was to close December 15, so these outlets now belong to Jacksons or any of the franchisees who decided to buy their store. The 7-Eleven franchisees in the two northern Idaho stores will continue to operate under the 7-Eleven brand as part of its North Pacific Division."
Jacksons Food Stores did not respond to a request by CSP Daily News for comment. According to a report by KBCI-TV, John Jackson, CEO of Jacksons Food Stores, said that it made sense to buy the stores because they are right in his company's backyard, making it easy to operate them.
Another plus, he said, is that 7-Eleven received its food distribution from out of state, and Jackson's has its own distribution center locally.
In March, Jacksons Food Stores-through PacWest Energy LLC, a joint venture formed between it and Shell Oil Products US (SOPUS)-acquired 84 Shell stations that SOPUS wanted to transition on the West Coast. The units are located from Vancouver, Wash., south to Eugene, Ore., mostly in the Portland metropolitan area, Jackson told CSP Daily News at the time.
The sites were to continue to sell Shell-branded gasoline, although PacWest said it would rebrand 62 of the stores to the Jacksons Food Stores brand. (Click here for previous coverage.)