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    Business Insights listening, logistics, vocabulary

    Why There’s a Billion-Dollar Battle to Own 7-Eleven

    SPEP R&D ⋅ June 2, 2025

    VOCABULARY & EXPRESSIONS

    pilgrimage: 순례
    Where eager tourists make the pilgrimage to see how many meals they can have there a day.

    merchandiser: 상인
    7-Eleven started as an ice vendor in Dallas, Texas and gradually became a general merchandiser selling eggs, bread, and milk.

    ambition: 야망
    Currently, the company is doing business in 20 countries and they have an ambition to increase that to 30 countries by 2030.

    municipal: 도시의
    You can get a lot of social services, municipal services, sending packages, banking.

    corresponding: 해당하는
    Trucks will then pick up these products from one of many distribution centers and deliver them to the corresponding store.

    implement: 시행하다
    Which is why it’s been under pressure to implement reforms.

    dominant: 우세한
    To create the world’s dominant convenience store empire.

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