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Website: http://www.7-eleven.com 7-Eleven is the world's leading chain of convenience stores with 32,711 stores worldwide at the end of June. The stores are best known for their Big Gulp soft drinks and Slurpee frozen ice drinks. Many stores also sell gasoline. The company operates or franchises 7,200 stores in the U.S. and Canada. 7-Eleven currently has stores in the United States, Canada, Mexico, Japan, Singapore, Taiwan, Thailand, China, Malaysia, South Korea, the Philippines, Australia, Norway, Sweden, Denmark, Turkey and Puerto Rico. Nearly 50 percent of 7-Eleven stores are located in the United States and Japan. A typical 7-Eleven store is between 2,400 and 3,000 square feet, and carries about 2,500 different items. 7-Eleven has the largest ATM network of any retailer in United States. Of all U.S. retailers, 7-Eleven sells the most USA Today newspapers, Sports Illustrated magazines, cold beer, cold single-serve bottled water, cold Gatorade, fresh-grilled hot dogs, single-serve chips and money orders. The stores sell 41 million gallons of milk per year. The company reported total sales of $44 billion worldwide in 2006. 7-Eleven, Inc. is privately held and became a wholly owned subsidiary of Seven-Eleven Japan Co., Ltd. in Tokyo, Japan, and its affiliates on Nov. 9, 2005. History 7-Eleven pioneered the convenience store concept in 1927 at the Southland Ice Company in Dallas. In addition to selling blocks of ice to refrigerate food, an enterprising ice dock employee began offering milk, bread and eggs on Sundays and evenings when grocery stores were closed. This new business idea produced satisfied customers and increased sales, and convenience retailing was born. The company's first convenience outlets were known as Tote'm stores since customers "toted" away their purchases, and some even sported genuine Alaskan totem poles in front. In 1946, Tote'm became 7-Eleven to reflect the stores' new, extended hours - 7 a.m. until 11 p.m., seven days a week. The company's corporate name was changed from The Southland Corporation to 7-Eleven, Inc. in 1999. July 11 is the official birthday of the chain. Benefits Medical For full time employees and their eligible
dependents, 7-Eleven offers a consumer driven health program
through United Healthcare. If you elect medical coverage, you
also are eligible for prescription drug coverage. A vision
plan is available for full time employees as well. Dental Three dental options are available to full
time employees including a premium dental plan, a preferred provider
organization (PPO) and a prepaid dental program. 7-Eleven Stock Purchase Plan Once eligible, employees can purchase shares of 7-Eleven common stock through payroll deduction. 7-Eleven matches 10 percent of the amount you contribute, and the company pays for all administrative and broker fees for the stock purchases. 401 (K) Program Profit sharing is available to all employees after one year of service. The 7-Eleven Employees' Savings and Profit Sharing Plan provides an opportunity to save a percentage of your pre-tax pay for retirement through deferrals, or voluntary deposits. For most employees, the company matches up to 6 percent of your contributions. Life and Accidental Death and Dismemberment (AD&D) Basic Accidental Death and Dismemberment (AD&D) insurance is available to store employees at no cost. In addition, Basic Term Life insurance is available at no cost to all employees. Optional Term Life and Optional AD&D for additional coverage for full-time employees and their eligible dependents also is offered. Time Off The company offers paid time off for holidays, vacation, sick time, jury duty and family bereavement. Employee Assistance Program (EAP) Employees can call a 24-hour, toll-free number to talk with a qualified counselor about issues such as financial or legal problems, work-related issues, drug and alcohol dependency, or other emotional or social difficulties. The EAP is administered by Managed Health Network and offers counseling and a referral program. Tuition Reimbursement After one year of service, 7-Eleven will reimburse part time and full time non-store employees for courses taken at accredited colleges or universities, up to $750 (part time) or $1,000 (full time). The program also reimburses 80 percent of your approved tuition, books and fees. Disability 7-Eleven offers both short-term disability (STD) for all full time employees and long-term disability (LTD) for all non-store full time employees. Updated July 21, 2007 |