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What's In Store for 7-Eleven?
By Kim S. Nash
2002-11-01
Article Views: 1576
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What's In Store for 7-Eleven? - ' 7' (
Page 4 of 4 ) -Eleven Base Case">
Headquarters: 2711 N. Haskell Ave., Dallas, TX 75204
Phone: (214) 828-7011
Business: Convenience stores
Chief Information Officer: Keith Morrow
Financials in 2001: $9.9 billion in sales; $103.8 million operating profit; $83.7 million net profit
Challenge: Improve profit margins by collaborating with suppliers to make and ship products more efficiently
Baseline Goals:
Decrease (from seven) the number of days that inventory is held before being sold
Open 250-300 new stores by the end of 2003
Deploy 3,500 financial kiosks in U.S. stores by December 2003; generate profits from this $200 million investment in 2004
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