7-Eleven overtakes McDonald's

Dallas: C-store chain 7-Eleven claims it has overtaken McDonald's as the world's largest food provider in terms of retail outlet numbers. It said it operated, franchised and licensed 32,711 stores worldwide at the end of June, overtaking McDonald's, which operated 31,062 outlets. 7-Eleven has stores in 17 countries and has opened 1,086 outlets this year alone. "The expansion of 7-Eleven indicates the growth potential for convenience worldwide," said president and CEO Joe DePinto.