Retail Focus 4/11/17 – 7-Eleven Grows Store Count Through Acquisition, More Walmart Layoffs

We begin with big news out of the convenience store space, as 7-Eleven’s parent company reaches an agreement to purchase over 1,100 retail locations from Sunoco. Meanwhile, Walmart follows through on more layoffs—this time in information systems—and Costco’s retail sales continue an upward trend.  We also discuss Rue21’s possible bankruptcy and Fanatics’ latest acquisition.