The DNAinfo archives brought to you by WNYC.
Read the press release here.

7-Eleven Could Open 100 Manhattan Stores by 2015

By DNAinfo Staff on January 10, 2011 2:10pm

Convenience store giant 7-Eleven has reportedly begun a major expansion within Manhattan.
Convenience store giant 7-Eleven has reportedly begun a major expansion within Manhattan.
View Full Caption

By Olivia Scheck

DNAinfo Reporter/Producer

MANHATTAN — Manhattanites will enjoy a big gulp of 7-Eleven in coming years, as the convenience store giant continues to slurp-up real estate throughout the borough, according to Crain’s New York Business.

7-Eleven, which currently holds 10 Manhattan locations, hopes to double that number over the next two years, Crain’s said. By 2015, the company intends to have a whopping 100 stores on the island, according to the paper.

"We do see a tremendous amount of opportunity in Manhattan," 7-Eleven public relations director Margaret Chabris confirmed. "I believe that we would like to have 100 stores in Manhattan but I can't confirm whether that’s going to happen over the next five years."

Two of 7-Eleven's 10 Manhattan stores opened in Murray Hill just last month, and two others are already on the way – one on the Upper East Side at 1412 First Avenue and another near Gramercy Park at 333 E. 23rd Street.

Several more are in lease negotiations, according to Chabris, although the spokeswoman declined to say where.

Asked why 7-Eleven had chosen to expand within the Big Apple, Chabris pointed to a glut of attractive real estate options brought on by the recession.

"A lot more desirable locations are available," she explained. "Because many businesses have had to retract because of the recession."

The spokeswoman also noted plans to convert existing small businesses into 7-Eleven franchises. Under that arrangement, the company would pay to have the space converted and then share in the revenue, according to Chabris.