7-Eleven Inc. has completed the purchase of 12 stores from Fast Track Inc. in Central North Carolina, including Winston-Salem.
The seller is J. C. Faw of Wilkesboro, N.C. Terms of the agreement are not disclosed.
The Fast Track stores that are part of the purchase are located in Elkin, King, Lexington, Thomasville, Kernersville, Lewisville, Clemmons, Winston-Salem, Hamptonville, Claremont, Statesville and Union Grove.
Remodeling of these units to transform them into 7-Eleven stores gets underway in late November and rebranding is expected to be complete by mid February of 2013.
These locations are in close proximity to another acquisition the company made earlier this year—55 Sam’s Marts locations in the greater Charlotte area—and compliments the 7-Eleven stores’ expansion in the Tar Heel State.
Customers in these areas can expect new outlets for 7-Eleven’s fresh foods delivered daily, hot foods and signature products like 7-Select private brand, 7-Eleven coffee, Big Bite hot dogs, Slurpee and Big Gulp drinks.
As the global leader of convenience retailing, 7-Eleven continues to grow its business in the U.S. through traditional store development, business conversions and acquisitions. The company plans to open 970 new 7-Eleven locations in the U.S. and Canada this year.