Report: 7-Eleven considers Speedy Stop purchases
Oct. 5, 2012 at 5:05 a.m.
Change could be on the way to a Victoria-based convenience store chain.
CSP Daily News - a website featuring convenience news agency CSP - reports that 7-Eleven plans to acquire a number of C.L. Thomas Inc.'s Speedy Stop Food Stores.
In a Friday afternoon email, 7-Eleven representative Margaret Chabris declined to comment about a possible sale.
"We are not at liberty to discuss any possible acquisition that has yet to be announced publicly/formally by our company," she wrote.
Clifton Leo "Cliff" Thomas Jr. founded Victoria-based Speedy Stop in 1983.
Speedy Stop acquired more than 40 stores in the Austin and Bryan-College Station markets in 2002 and, in December 2011, completed its largest acquisition to date when it purchased 61 Exxon Tigermarket stores in the Austin and San Antonio markets.
Today, C. L. Thomas Inc. and its subsidiaries operate more than 160 Speedy Stop locations, according to the site.
Attempts to contact C.L. Thomas personnel by phone Friday were unsuccessful.