FamilyMart shareholders approve Itochu taking convenience store private
FamilyMart Co. shareholders on Thursday approved a plan for trading house Itochu Corp. to take the convenience store operator private as the coronavirus pandemic prompts a strategic rethink on how to compete in a shrinking domestic market and plans for overseas expansion. Following the approval ...
Japan's convenience store sales fall 5.5% in August amid pandemic
Convenience store sales in Japan fell 5.5 percent in August from a year earlier, marking the sixth straight month of decline, due to fewer customer visits amid the prolonged coronavirus pandemic, an industry body said Wednesday. The decline of sales in the reporting month improved ...
Seven-Eleven’s new muffin sandwich experiment is a dense, doughy eat
Debating if you should try one of Seven-Eleven’s muffin sandwiches? Take our word for it and just stick to the iconic, triangle-cut sandwich.
Japan's convenience stores are told to stop pushing 24-hour schedules
The firms' business models have been criticized for putting profit ahead of the needs of franchise owners.
Japan to develop more efficient electric trucks with swappable batteries
The plan calls for the batteries to be charged with electricity generated locally using renewable energy sources.
Japan convenience store sales fell 7.4% in July due to rain and virus
While the number of shoppers dropped, average spending per person rose, according to the Japan Franchise Association.
Convenience store worker fatally stabbed in Tochigi; suspect kills self
The assailant and the victim had been in a relationship since around May last year, and their breakup apparently led to the attack.
More Japan convenience store customers skipping plastic bags to save a few yen
Over 70 percent of shoppers at outlets of three major Japanese convenience store operators declined to pay for plastic shopping bags in July, according to data from the companies. Since July 1, all retailers across the country have been obliged to charge for disposable plastic ...
Creditors at odds with shareholders over Seven & I's Speedway mega-deal
The bond market is raising questions about what the price tag would mean for the company’s relatively strong credit ratings.
Seven & I deal shows store sales make gas-stations appealing despite virus
"The disadvantage of not winning this bid would have been other competitors expanding their business,” said the president of the 7-Eleven Inc. U.S. operation.
7-Eleven owner to buy Marathon’s Speedway gas stations for $21 billion
Seven & I shares fell as much as 8.4 percent in early trading, the biggest intraday decline since March.
