Stagnito Media Convenienece Store News Convenienece Store News Single Store Owner Progressive Grocer The Gourmet Retailer Progressive Grocer Store Brands Retail Leader hispanic
 
Apr 16, 2012

7-Eleven NYC Expansion Worries Bodega Owners

Print7-Eleven NYC Expansion Worries Bodega Owners  

NEW YORK CITY -- Not everyone is happy that 7-Eleven Inc. has aggressive plans to expand in Manhattan. According to the New York Daily News, bodega owners must change their business models quickly in advance of the c-store chain opening stores in their neighborhoods.

"It's definitely going to affect my business and I'm trying to separate from what they've been carrying," Sun Kim, owner of Café Lafayette in Chinatown, one a block away from a just-opened 7-Eleven, told the newspaper. "And [we're trying] to minimize the groceries, where [7-Eleven] is strong. I cannot compete with them price-wise. So I try to minimize the impact."

7-Eleven, owned by Seven & I Holdings Co. of Japan, currently operates 18 Manhattan c-stores. Fourteen more are expected to open this year. The chain further plans to open 20 more each year from 2013 to 2017.

"We have had great success with our recent openings in Manhattan and plan to continue to growing in that area," 7-Eleven spokesperson Scott Drake told the news outlet. Consumers also have mixed feelings about 7-Eleven's New York City expansion, the news source reported. "There's so many franchises now, and I know mom-and-pop businesses are going out of business," Kara Cash, a 42-year-old teacher, told the Daily News. "I have two good friends who have just had to close a restaurant and a coffee shop… Rents are so high and I think only [franchises] really make the type of money to afford it."

However, Cash did admit to the newspaper that her kids loved consuming Slurpees.

On the flip side of the coin, New York City Small Business Services commissioner Robert Walsh said 7-Eleven's rapid expansion is a good thing that will bring more jobs.

And Pravina Raghavan, New York district director for the U.S. Small Administration, added that bodegas are not necessarily doomed.

"Mom-and-pop shops are able to stay by differentiating themselves," she told the news outlet.








Find Reports & Data

CSNews’ 2013 Realities of the Aisle Consumer Study

When it comes to c-store shopper research, Convenience Store News' Realities of the Aisle is in a class by itself. .

CSNEWS 2013 INDUSTRY FORECAST STUDY

The 2013 Convenience Store News Industry Forecast Study projects a fairly optimistic view of business conditions for convenience store retailers this year despite the nation’s fiscal problems..

CSNEWS' 2012 TECHNOLOGY STUDY

A new crop of next-generation technology, including social media analysis, mobile payments and mobile applications (apps), is getting retailer attention, according to the Convenience Store News’ exclusive 2012 Technology Study..

CSNEWS 2012 FOODSERVICE STUDY

Nearly two-thirds of convenience store operators expect to see their foodservice sales increase this year compared to 2011, according to Convenience Store News’ exclusive 2012 Foodservice Study..

CSNEWS' 2012 INDUSTRY REPORT STUDY

The convenience store industry achieved several new sales peaks last year, but rising operations costs and continued volume declines in fuel and cigarettes made the climb difficult..

CSNEWS' 2012 REALITIES OF THE AISLE CONSUMER STUDY

When it comes to c-store consumer research, CSNews’ 2012 Realities of the Aisle is in a class by itself..



SUBSCRIBE TO E-NEWSLETTER SUBSCRIBE TO E-NEWSLETTER


ADVERTISEMENT
Product Spotlight


Curtis' Primo Cappuccinoâ„¢ with Space Saving Open "Up" Door
Maximize profits and free up valuable counter space with the Curtis Primo Cappuccino™ Specialty Drink Dispenser.
 
Featured Videos

Loading...
Playlist

View more


Related Videos
pie
Online Poll
» May
Which of these issues currently before the Food & Drug Administration has you most worried?
Vote / See Results
Stagnito Media
570 Lake Cook Rd, Suite 310
Deerfield IL 60015
Ph: 224-632-8200
Fax: 224-632-8266

Privacy Policy
Print / Electronic Media
Convenience Store News
CSNews Supplier Guide
CSNews for the Single Store Owner
Progressive Grocer
Private Label ⇒ Store Brands
Independent Grocer Network
The Gourmet Retailer
Retail Leader
Marketing Guidebook
Directory of Convenience Stores
Events
Hispanic Retail 360

Custom Media
close