Chain Store Agereports that 7-Eleven plans to add 550 stores nationwide and 4,000 stores worldwide over the next three years.
The chain will add 550 stores nationwide and about 4,000 worldwide during the same period, CEO Joe DePinto said in the report.
"We've really positioned ourselves for this," DePinto told the newspaper. "We have a strong balance sheet, real estate values are down and a lot of other retailers aren't growing right now, so there's a lot of real estate available that would have been cost-prohibitive in the past."
75 of 7-Eleven's new stores will be built in North Texas.