Photo by Alexandria Living
Speedway
The parent company of 7-Eleven has acquired Speedway, affecting all Alexandria area locations.
"As part of the agreement, 7-Eleven will acquire approximately 3,900 Speedway stores located in 35 states, for $21 billion in cash," according to a release from 7-Eleven, Inc.
There are five Speedway locations in the Alexandria area, including those on Telegraph Road and on Richmond Highway. There is also a Speedway in Old Town, Annandale and Baileys Crossroads. The next closest Speedway is in Arlington.
The transaction is expected to close in early 2021, so the Speedway brand will remain visible for at least the next 6 months.
