7-Eleven has set a goal to become a 100% franchised organization in the next several years. Today, approximately 80% of the company's 5,800 [image-nocss] U.S. stores are franchise operations run by independent business owners.
"This recognition is a testimony to the opportunities that the 7-Eleven franchise presents to diverse businessmen and women," said 7-Eleven president and CEO Joe DePinto. "Our franchise system offers hard-working individuals from all walks of life an affordable way to become independent business owners and realize an American dream."
The annual "Best of the Best" is an assessment of the nation's employers, supplier diversity programs, corporations by industry, government agencies, educational institutions and franchise businesses. The evaluation includes independent research organizations, market studies, public information, annual reports, survey responses and interviews.
Olive Tree Publishing produces three quarterly magazines targeted to minority business men and women. Results of the "Best of the Best" are reported in this October's issue of Black EOE Journal, the November issue of Hispanic Network Magazine and the December issue of Professional Woman's Magazine.
"Companies that understand the value of strength through diversity recognize the importance of an inclusive work environment. These companies will not only continue to excel as businesses, but also in achieving our mutual goal of creating global diversity," said Mona Lisa Faris-Placey, president and CEO of Olive Tree.
7-Eleven anticipates adding more than 200 stores in the U.S. and Canada to its store count by the end of this year, 250 more in 2010, and 325 are planned for 2011. Growth will come from business conversions, developing new locations and acquisitions. The company's aggressive growth provides additional opportunities for minorities and others who want to run their own business with the support of a leader in its industry.
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