“This acquisition gives our brand great visibility in Chicagoland,” says 7-Eleven spokesperson.
7-Eleven is taking over the remaining 17 years of a lease agreement for ExxonMobil outlets located on seven Oases sites along the Illinois Tollway.
The new agreement with 7-Eleven Inc. of Dallas includes maintenance and operations responsibilities for Mobil fuel stations at the Tollway Oases located throughout Northern Illinois and is expected to ensure seamless continuation of services for Tollway customers. 7-Eleven will take responsibility for the Oases sites, including 13 Mobil fuel stations, convenience stores and car washes.
“7-Eleven is a nationally recognized brand, and we’re pleased to have them as a new partner,” said Illinois Tollway Executive Director Kristi Lafleur. “Our goal is to provide the highest level of service to our customers and 7-Eleven is a welcome addition.”
By the end of March, all of these convenience stores will be rebranded as 7-Eleven operations. Fuel stations will retain the Mobil gasoline brand, allowing customers to continue to purchase Mobil-brand fuel and use the ExxonMobil credit card at the gas pumps and inside the stores. In addition, the convenience stores will offer consumers 7-Eleven’s signature products, such as Slurpee and Big Gulp beverages, fresh foods, self-serve coffee and a wide variety of cold drinks, along with standard convenience-store items.
“Acquisitions are part of our aggressive growth strategy. This acquisition gives our brand great visibility in Chicagoland and provides more opportunity for us to serve consumers there with 7-Eleven-style convenience,” said Sean Duffy, 7-Eleven vice president of mergers and acquisitions. “These ExxonMobil sites add to the approximately 750 locations that 7-Eleven Inc. has acquired since the beginning of 2008 when we significantly ramped up our expansion efforts.”
The Tollway Oases provide a variety of food, beverage and retail offerings, as well as fuel stations. On the Tri-State Tollway (I-94/I-294/I-80), there are four oases: Lake Forest, O’Hare, Hinsdale and Chicago Southland Lincoln in South Holland. There are two oases on the Jane Addams Memorial Tollway (I-90) in Belvidere and Des Plaines, and one on the Reagan Memorial Tollway (I-88) in DeKalb.
7-Eleven operates, franchises or licenses more than 8,300 7-Eleven stores in North America.