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7-Eleven fights for stores in Maryland, touts ability to offer financial services through ATMs
November 30, 2008
The Baltimore Sun:A Mount Vernon, Md., group says it has failed to prevent a 7-Eleven from opening in a former restaurant overlooking the Washington Monument. City agencies, cultural groups and neighbors pledged $297,000 toward an effort to buy the building and stop the convenience store, but R. Paul Warren, who organized the effort, said his group stopped making offers when the price reached $450,000. Gregory N. Friedman, a real estate investor-broker, said he was negotiating with 7-Eleven officials, who want to open an operation with an ATM and retail services they say are not available to the immediate neighborhood on a 24-hour basis. The convenience store is also being called an amenity for Peabody Institute students. "The Peabody students tell us they have to walk several blocks to use an ATM. We hope to provide a service to these students," said Nancy Wade, a 7-Eleven official.
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