Convenience retailer 7-Eleven Inc has signed an amendment with Temple TX-based distributor McLane Co Inc that extends the service agreement to supply 5,300 of 7-Eleven's stores in the United States for another two years. The existing service agreement is due to expire Jan 31, 2006, and the amendment will extend the agreement through Jan 31, 2008.
The two companies negotiated terms that will provide enhanced benefits and improved service to 7-Eleven's stores, including requirements designed to improve on-time deliveries and in-stock levels. Dallas TX-based 7-Eleven wanted a partner willing to redefine the standard distribution model, according to David Podeschi, senior vice-president of merchandising for 7-Eleven.
