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Log In / Register | Dec 21, 2014

Contract Waiver Dismisses 7-Eleven Oral Earnings Claims to Franchisee

NEW YORK – A federal judge in New York ruled last month that a 7-Eleven franchisee cannot go forward with his fraud claim under the New York Franchise Act. The reason? When he purchased his store and signed his franchise agreement, he also agreed to a waiver on any “untrue and unwritten” financial projections of future earnings of his store made by 7-Eleven officials outside the franchise disclosure document.

Wingstop Hires Bill Engin as Chief Operating Officer

DALLAS – Wingstop Restaurants Inc. announced yesterday the appointment of Bill Engen to replace outgoing Bill Knight as the firm's chief operating officer effective immediately.

California Senate Sends Fair Franchising Bill to Gov. Brown

Sacramento dome from the inside
Inside view of Sacramento capitol dome. photo/KatieCarr

SACRAMENTO—The California state senate voted 23 - 9 late Thursday in favor of SB 610, a bill that strengthens franchisor good faith relations with franchisees. It is now ready for Governor Jerry Brown's signature to become law.

Franchisees Claim 7-Eleven Seizing Stores for Bogus Reasons

7-Eleven Arrests of Store OwnersFranchisees in Riverside, California are claiming that 7-Eleven is using “storm trooper interrogation and isolation tactics” to strip them of their 20-year-old store, using bogus charges.

Equity Extraction Schemes Live On in Franchising

The equity extraction scheme that was exposed by 7-Eleven's employee Kurt McCord, brings back painful memories for me. The scheme is eerily similar to what was perpetrated against Dunkin’ Donuts franchisees from 1998 thru 2008.

7-Eleven Whistleblower Alleges Predatory Practices, Franchise Churning & Personal Vendettas

Former 7-Eleven Corporate Investigations Supervisor Kurt McCord has dropped a bombshell in the lawsuit of 7-Eleven, Inc. v. Karamjeet Sodhi, et. al.

How 7-Eleven Asset Protection Can Resolve the NBA’s Sterling-Silver Problem

The NBA has banned franchise owner Donald Sterling from all league activities and seeks to terminate Sterling’s ownership of the NBA franchise due to Sterling’s comments, blown up by the liberal media as “racist.”

Past Ass'n Chair Tariq Khan Vows at Election to Fight 7-Eleven Suit against Him

A 7-Eleven store. photo by Johnathan Nightingale

DANA POINT, Calif. – As the National Coalition of 7-Eleven Franchisee Associations was holding its election meetings on October 22-26 to determine who would be the next national chairman, past chair and franchisee Tariq Khan made an appearance.

Convenience Stores Hold Out on Interchange Settlement

Visa MasterCard settlement

ALEXANDRIA, Va. — Visa, MasterCard and major banks announced on July 13 that they had entered a memorandum of agreement to pay $7.25 billion to settle a seven-year lawsuit with retailers and merchants over card swipe fees. 

7-Eleven Selling Off Corporate Stores

7-Eleven corporate store in Utah
Corporate store in Utah. photo/bmm 2006

A couple from South Daytona Beach say there is a lot more to buying and operating a 7-Eleven convenience store than they first thought.