Tag - ito-yokado



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.
An Ito Yokado store in the city of Fukushima. As part of its structural reform, Ito-Yokado will focus on urban areas including the Tokyo metropolitan area.
BUSINESS / Companies
Feb 10, 2024
Struggling unit of 7-Eleven's parent company to exit central and northern Japan
The Seven & I Holdings unit will close five of its 17 stores in the regions and hand over 11 to other supermarket operators.
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
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.
Japan Times
Mar 9, 2023
Seven & I Holdings to cut over 20% of Ito-Yokado stores and exit apparel business
Ito-Yokado will close 33 unprofitable or low-profit margin outlets in Japan by the end of February 2026.
Japan Times
Jan 9, 2020
Japan supermarkets woo customers with cheaper U.S. foods after trade deal
With the Japan-U.S. trade agreement going into force on Jan. 1, major Japanese supermarkets have started slashing prices on U.S. products affected by the tariff cuts in a bid to attract customers.
Japan Times
Mar 30, 2018
Major retailer Ito-Yokado to ban tenants from selling ivory items
Major Japanese retailer Ito-Yokado Co. has asked tenants at its shopping malls to stop selling ivory products, joining a growing list of Japanese companies that have banned such sales amid international efforts to stamp out African elephant poaching.
Japan Times
BUSINESS / Companies
Mar 22, 2018
Seven & I welcomes 1,071 new employees
Retail giant Seven & I Holdings Co. welcomed 1,071 new recruits at a ceremony Thursday for those entering its 21 units including Seven-Eleven Japan Co. and department store chain Sogo & Seibu Co.
Japan Times
Oct 1, 2017
Seven & I begins donating leftover food to Tokyo's needy
Seven & i Holdings Co. has started donating unexpired food leftover at its Ito-Yokado supermarkets in Tokyo to needy families.
BUSINESS / Companies
Oct 31, 2015
Loeb's Third Point takes stake in Seven & i Holdings
Activist investor Daniel Loeb's Third Point LLC said it acquired a stake in Japan's second-largest grocery and retail group Seven & i Holdings Co. and proposed a spinoff of its supermarket unit.
BUSINESS / Companies
Sep 18, 2015
Seven & I to close 40 Ito-Yokado supermarket stores
Seven & I Holdings announces that Ito-Yokado Co. will close about 20 percent of its stores as the trend toward specialty stores erodes profits.
Oct 29, 2014
Seven & I to challenge online retailers with same-day delivery
Retail giant Seven & I Holdings Co. next year will start providing same-day delivery of products sold online by its group stores, a source close to the matter said Wednesday.
BUSINESS / Companies
Apr 3, 2014
Seven & I shatters operating profit record as convenience stores thrive
Seven & I Holdings Co. said Thursday it logged a record consolidated operating profit of ¥339.6 billion for the business year through February, thanks mainly to the strong performance of its convenience stores, which gave the group a 14.9 percent boost.
Japan Times
Jul 17, 2013
Ito-Yokado begins six-day veggie sale
Supermarket chain Ito-Yokado Co. began a nationwide six-day bargain sale of vegetables Wednesday amid rising prices stemming from tight supply due to unfavorable weather.
Japan Times
BUSINESS / Japan Pulse
May 25, 2010
Clothing retailers want you to stay cool, stay fresh
Cool biz: a great opportunity for retailers to push clothing lines with coolness built in.


Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores