Tedeschi Food Shops
Tedeschi Food Shops is a chain of nearly 200 convenience stores (as of March 2015), located primarily in Massachusetts, with some stores in New Hampshire. It was acquired by 7- Eleven in May 2015, and the transaction closed in August 2015. According to a spokesman for 7-Eleven, conversion of the Tedeschi-branded stores to the 7-Eleven banner will be gradual.[1]
Tedeschi Food Shop, Revere, Massachusetts | |
Wholly owned subsidiary | |
Industry | Retail |
Founded | 1923 |
Headquarters | |
Key people | Peter Tedeschi, CEO |
Products | Convenience stores |
Website | http://tedeschifoodshops.com/ |
History
Angelo Tedeschi (pronounced tuh-DESS-key), in 1923, opened a store in the basement of the family home in Rockland, Massachusetts. Since then, the Tedeschi family has been involved in the retail food industry, early on in the grocery store industry, and more recently in the convenience store industry. In 1972, the Tedeschi family acquired the Curtis Compacts chain of convenience stores, which was later renamed to Tedeschi Food Shops.[2]
Tedeschi Food Shops acquired the Lil Peach chain in 1996 and the Store 24 chain in 2002.
Angelo Tedeschi's great granddaughter is Susan Tedeschi, an accomplished musician. Susan and her husband, world renowned slide guitarist Derek Trucks, are founders of the blues rock, jam band and soul-driven group Tedeschi Trucks Band.
Notes
- Tedeschi Rebranding to 7-Eleven Will Be 'Gradual' CSP Daily News, August 24, 2015
- "Tedeschi Food Shops, Inc., Proud of Our Past". YouTube. April 19, 2010.