7–Eleven, Inc., the world's largest convenience retailer with more than 77,000 stores worldwide, has signed a master franchise agreement with Electra Consumer Products Ltd. to develop and operate 7–Eleven stores in Israel.
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The expansion marks the 7-Eleven brand's first entry into Israel and will be the 19th country in which 7-Eleven stores will operate.
"7-Eleven introduced the world to convenience retailing and, today, is the undisputed international leader in the industry. As we begin to introduce 7-Eleven stores to neighborhoods across Israel, we are dedicated to offering the best shopping experience and products available," said Electra Consumer Products CEO Zvika Schwimmer.
The first 7–Eleven convenience stores in Israel are expected to open in 2022.