7-Eleven Stores

7-Eleven Stores has confirmed that it is expanding into Western Australia, as foreshadowed last month by Business News.

Perth-based financial services group Pioneer Credit is looking to raise more than $40 million with the sale of just over half the company through an IPO which will provide capital for the group to expand its debt purchasing.

A major international franchise chain is preparing the ground for an assault on WA's retail convenience sector.