US/UK: 7-Eleven plays down UK re-entry talk
7-Eleven left UK market in 1990s
C-store giant 7-Eleven has sought to cool talk it could re-enter the UK after reports the retailer was poised to return to the market.
Chris Tanco, the head of 7-Eleven's international business, reportedly told an industry conference in the UK the convenience store retailer was studying how to move back into the market.
"We would like to get in before the market takes off economically because that would be the best time," Tanco was quoted as saying by the conveniencestore.co.uk website. Tanco was said to have added 7-Eleven was "most interested" in "the German and UK markets".
However, a spokesperson for 7-Eleven in Dallas told just-food today Tanco's remarks were "taken out of context".
"We continually do feasibility studies, not only in the UK and Germany but other parts of the world. Bottom line is, we have no immediate plans to enter the UK at this time."
7-11 left the UK in 1997 when its stores in the country were acquired by local operator Budgens.
- Rise of prepared foods in US grocers - analysis
- How are brands organising for e-commerce?
- Hershey results, outlook, M&A - the top takeaways
- Free-from firm BFree Foods - bitesize interview
- More M&A likely at McCormick - editor's viewpoint
- Kellogg launches Special K breakfast quiches
- Hain Celestial eyes disposals, forms venture unit
- Dole faces DoJ probe over listeria outbreak
- Murray Goulburn accused of "misleading" the market
- Amplify Snack Brands acquires Boundless Nutrition