Tag - convenience-stores

 
 

CONVENIENCE STORES

A Canadian retailer's bid to buy the operator of 7-Eleven convenience stores follows the introduction last year of government guidelines on mergers and acquisitions instructing companies to seriously consider takeover offers.
BUSINESS / Companies / ANALYSIS
Aug 27, 2024
Seven & I takeover proposal tests Japan’s evolving investor-friendly stance
The proposed purchase of the convenience store operator follows government guidelines instructing companies to seriously consider takeover offers.
Seven & I Holding’s logo is seen at a 7-Eleven convenience store in Tokyo on Aug. 19. Apart from 7-Eleven, Seven & I also owns, has stakes in or operates a number of other iconic properties, including Denny’s, Tower Records and Ito-Yokado.
BUSINESS / Companies
Aug 22, 2024
Japan warms to audacious Canadian bid for 7-Eleven operator
The deal might just work if Alimentation Couche-Tard lets the convenience store chain get on with business and continue to develop and expand globally.
The 7-Eleven convenience store chain, a deeply ingrained part of modern Japanese life, faces a potential takeover by Canadian company Alimentation Couche-Tard.
COMMENTARY
Aug 21, 2024
A 7-Eleven buyout would stretch Japan’s appetite for M&A
The country’s convenience stores have become essential to daily life. That has many fearing the prospect of a foreign takeover.
Lawson Bank's automated teller machines. The number of Lawson Bank ATMs installed outside convenience stores rose to 174 as of the end of June from 80 three months before.
BUSINESS
Aug 21, 2024
Convenience store ATMs on the increase in Japan
Competition for making ATMs multifunctional, going beyond just withdrawing cash, and more user-friendly has been intensifying.
Alimentation Couche-Tard’s proposed acquisition of Seven & I Holdings, if successful, would be an extremely rare case of a foreign company's buyout of a major Japanese firm.
BUSINESS / Companies
Aug 20, 2024
Seven & I buyout would be a watershed moment for Japan takeovers
Until now, an attempt to acquire such a well-known Japanese business at such scale would have been dismissed as audacious and unlikely.
A 7-Eleven convenience store, operated by Seven & I Holdings, in Tokyo
BUSINESS / Companies
Aug 19, 2024
Couche-Tard bids for $31 billion Japanese retailer Seven & I
If realized, Canadian convenience-store operator Alimentation Couche-Tard's move would be the largest-ever foreign takeover of a Japanese company.
Seven Eleven officials receives a Guinness World Records' certificate for its product as the most sold freshly made curry bread in volume in 2023 during a ceremony in Saitama Prefecture on Thursday.
BUSINESS / Companies
Aug 1, 2024
7-Eleven's curry bread certified by Guinness World Records
The ¥160 bread, fried in store, logged 76,987,667 pieces sold.
Seven-Eleven Japan holds a demonstration of delivering freshly baked pizza in Tokyo on Thursday.
BUSINESS / Companies
Jul 5, 2024
Japan convenience stores boosting quick delivery services
Over 3,000 products such as drinks, snacks and daily goods are currently available for delivery from 7-Eleven.
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.
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.
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.
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.
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
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.

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