Tag - convenience-stores

 
 

CONVENIENCE STORES

Japan's first 7-Eleven convenience store (above) in Tokyo's Toyosu district on May 15, 1974, and the same store on Wednesday
BUSINESS / Companies
May 17, 2024
7-Eleven convenience store chain marks 50 years in Japan
Today, of the about 57,000 convenience stores in the country overall, more than 21,000 are from the 7-Eleven chain.
Cars are pictured with Mount Fuji from a secondhand car dealer in the town of Fujikawaguchiko, Yamanashi Prefecture, on Friday.
JAPAN
May 9, 2024
Barrier to block view of Mount Fuji delayed
Fujikawaguchiko town is building the screen to deter people from taking pictures of the landmark.
Speculation has been swirling for months over the fate of Ito-Yokado, which was Seven & I's original retail franchise before it bought 7-Eleven and turned it into a large, successful business.
BUSINESS / Companies
Apr 10, 2024
Seven & I set to split 7-Eleven from original Ito-Yokado stores
Ito-Yokado was the company’s original franchise before it bought 7-Eleven and turned it into a successful business.
On display at the new 7-Eleven store in Matsudo, Chiba Prefecture, are about 2,000 additional products that aren’t usually carried in 7-Elevens, including fresh fruit, diapers and hair-care products.
BUSINESS / Companies
Feb 29, 2024
Seven & I Holdings explores market for bigger 7-Elevens
Its new store in Chiba Prefecture will have more than twice the number of products and is almost double the size of regular outlets.
A photograph taken by a local resident shows a man being held down by police officers near a convenience store in Sapporo on Sunday.
JAPAN / Crime & Legal
Feb 26, 2024
Police describe how fatal stabbing at Sapporo convenience store unfolded
The suspect was arrested at the scene after the attack, which killed one store employee and left two others injured.
A convenience store in Sapporo, where a man was arrested after allegedly stabbing three people on Sunday morning
JAPAN / Crime & Legal
Feb 25, 2024
One dead after stabbing at convenience store in Sapporo
Police arrested the suspected assailant at the scene of the crime in the city's Kita Ward.
Telecoms giant KDDI plans with Mitsubishi to take convenience store operator Lawson private could help it as it currently stands behind FamilyMart and Seven & I Holdings in a three-horse race.
COMMENTARY / Japan
Feb 14, 2024
There are clouds on the horizon in Japan’s 'conbini-land'
Industry consolidation has pushed minor players out of the conbini game.
Mitsubishi President Katsuya Nakanishi (left), Lawson President Sadanobu Takemasu (center) and KDDI President Makoto Takahashi wear Lawson uniforms during a news conference in Tokyo on Tuesday to announce the carrier's plan to raise its stake in the convenience chain.
BUSINESS / Companies
Feb 7, 2024
KDDI to raise stake in Lawson to jointly run convenience chain
Japan's second-largest mobile carrier currently holds 2.1% of shares but will invest about ¥500 billion to increase its stake through a tender offer.
Seven & I Holdings CEO Ryuichi Isaka
BUSINESS / Companies
Feb 7, 2024
Japan’s convenience stores can span the globe, 7-Eleven CEO says
Ryuichi Isaka believes Seven-Eleven Japan’s know-how in making cheap, high-quality food will drive growth overseas.
Average spending per customer at convenience stores increased 1.1% to ¥723.5 in 2023, but the outlook remains uncertain as inflation drags on.
BUSINESS / Economy
Jan 23, 2024
Japan's convenience store sales rise 4.1% to record high in 2023
Average spending per customer increased 1.1% to ¥723.5, but the outlook remains uncertain as inflation drags on.
Flavorless (?) Candy spurred debate over what the "taste of nothingness" tastes like, if anything.
LIFE / Food & Drink
Sep 10, 2023
Sucking on Japan's flavorless candy for a 'state of nothingness'
The candy was developed for people who wanted to moisten mouths that had gone dry from all-day mask wearing but without a sugar rush.
A convenience store in Tokyo's Adachi Ward where two employees were stabbed on Wednesday
JAPAN / Crime & Legal
Aug 9, 2023
Man arrested over stabbings at Tokyo convenience store
The victims sustained serious but not life-threatening injuries.
Japan Times
BUSINESS / Companies
May 25, 2023
Seven & I management wins showdown with U.S. fund over 7-Eleven strategy
ValueAct Capital, an activist hedge fund and major shareholder of Seven & I, was seeking to replace several directors including current President Ryuichi Isaka with their own candidates.
Japan Times
BUSINESS / Companies / FOCUS
May 24, 2023
Seven & I and activist fund ValueAct set for a showdown at shareholders meeting
Despite making a steady recovery from the impacts of the COVID-19 pandemic, Seven & I Holdings is facing pressure from a foreign shareholder that claims the firm is wasting its potential.
Japan Times
JAPAN
May 13, 2023
7,300 health insurance entries erroneously linked to My Number IDs
Such errors have led to five cases in which users' medical information has been exposed to others between October 2021 and November 2022, a health ministry survey showed Friday.
Japan Times
JAPAN
May 10, 2023
Government defends Japan's My Number ID system despite glitches
Issuance of some documentation at convenience stores was suspended after users received copies of the residence certificates of other individuals.
Japan Times
BUSINESS / FOCUS
May 8, 2023
50 years on, Japan's convenience stores keep evolving
Facing market saturation, increased competition and labor shortages, the country's major chains struggle to innovate and stay competitive.
Japan Times
BUSINESS
May 5, 2023
7-Eleven spinoff would jeopardize growth, CEO says, pushing back at ValueAct
Ryuichi Isaka said 7-Eleven is reliant on staff and know-how from Seven & I's supermarket businesses in developing products for its Seven Premium private brand.
Japan Times
BUSINESS
Apr 7, 2023
Seven-Eleven’s owner says new committee to review spinoffs and IPOs
The committee of outside board members will recommend changes and execute them, the eight independent directors said in a statement.
Japan Times
BUSINESS / Companies
Mar 13, 2023
Masatoshi Ito, founder of Japanese retailer Ito-Yokado, dies at 98
The company Ito founded was the predecessor to Seven & I Holdings, operator of more than 83,000 7-Elevens dotting the globe, with about a fourth of them in Japan.

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