Tag - seven & i holdings

 
 

SEVEN & I HOLDINGS

Japan Times
BUSINESS / Companies
Jan 7, 2022
China fines Seven & I Holdings for calling Taiwan a nation on map
Fines of about 150,000 yuan (u00a52.7 million) were imposed by the Beijing local authority against Seven & I, a spokesman for the Japanese retailer said.
Japan Times
BUSINESS
May 1, 2021
A grudge match in Japan: One corner, two 7-Elevens
A fight playing out in Osaka will have ramifications for 7-Eleven and the rest of Japan's major franchises.
Japan Times
BUSINESS / Companies
Aug 5, 2020
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.
Japan Times
BUSINESS / Companies / FOCUS
Aug 4, 2020
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.
Japan Times
BUSINESS / Companies
Aug 3, 2020
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.
Japan Times
BUSINESS / Companies
Dec 10, 2019
Seven-Eleven Japan failed to pay at least ¥490 million in overtime over several decades
A long-running error in the Seven & I Holdings Co. unit's calculations for such workers led to the shortfall for payments to part-time staff, sources said.
BUSINESS / Companies
Sep 3, 2019
Three of Japan's top four department stores saw sales grow in August
Three of the nation's four major department store chains posted year-on-year growth in same-store sales in August, backed by brisk demand for such summer products as sandals and parasols following the end of the rainy season.
BUSINESS / Companies
Aug 1, 2019
Seven & I to scrap 7pay smartphone payment service in Japan after users hacked
The Tokyo-based retail giant and operator of 7-Eleven convenience stores said it will end the service on Sept. 30.
Japan Times
BUSINESS / Companies
Jul 31, 2019
Seven & I Holdings resets all 7pay passwords after ¥38.6 million hack
Seven & I Holdings Co. said Tuesday that it has reset passwords for all of the roughly 16.5 million registered 7pay IDs, which are needed to use its smartphone payment service, following a recent security breach of the service.
BUSINESS / Companies
Jul 12, 2019
Japan's Seven Pay ordered to report on illegal access to mobile payment system
The Financial Services Agency has ordered Seven Pay Co. to report on cases of unauthorized access to 7pay, its hacked mobile payment service, sources said Friday.
Japan Times
BUSINESS / Companies
Dec 2, 2018
Seven-Eleven Japan asks all Tokyo stores to get rid of ashtray receptacles
Leading convenience store chain Seven-Eleven Japan Co. has asked franchise outlets in Tokyo to remove ashtray receptacles from the store premises, it was learned Sunday.
Japan Times
BUSINESS / Companies / ANALYSIS
Jul 31, 2018
Walmart may be on the cusp of making its final checkout from the Japanese retail market
With speculation rife that Walmart Inc. is seeking to offload Seiyu, its Japanese subsidiary, the U.S. retail behemoth's possible failure may be interpreted as the result of this country's ultracompetitive retail market.
Japan Times
BUSINESS / Companies
Oct 12, 2017
As domestic market contracts, Uniqlo and 7-Eleven looks to make profits overseas
Stagnant spending and soft wage growth in Japan are forcing two of Asia's biggest retailers — Fast Retailing Co. and Seven & i Holdings Co. — to court overseas consumers to drive long-term growth.
Japan Times
BUSINESS / Companies
Apr 6, 2017
Seven & I Holdings inks deal with Sunoco to expand U.S. market share
Seven & I Holdings Co., the world's largest convenience store operator, agreed to acquire Sunoco LP retail shops and gasoline businesses for $3.3 billion (about ¥365.9 billion) in a record deal for the Japanese company as it seeks to expand in the U.S.
Japan Times
BUSINESS / Companies
Sep 15, 2016
7-Eleven's new boss bides time on turnaround as stock falls
After his appointment in May, the president of 7-Eleven's floundering parent company promised to deliver a turnaround plan in about 100 days. Ryuichi Isaka is on day 112 and counting.
EDITORIALS
Jun 26, 2016
Corporate governance report card
Companies are making good progress in complying with the Tokyo Stock Exchange's corporate governance principles, but the proof will be in the pudding.
BUSINESS / Companies
Jun 3, 2016
7-Eleven to buy stores and gas stations in U.S. expansion
Seven & I Holdings Co., the world's largest convenience store operator, will buy 79 gas stations and convenience stores in California and Wyoming from CST Brands Inc. as it seeks to offset slowing demand at home. The purchase price was not disclosed.
Japan Times
BUSINESS / Companies
May 26, 2016
Seven & I shareholders approve Ryuichi Isaka as chief to lead growth
Seven & I Holdings Co. will focus on revamping the world's largest convenience store operator and boost value for shareholders, new President Ryuichi Isaka said after shareholders Thursday approved his appointment following weeks of boardroom drama.
BUSINESS / Companies / FOCUS
Apr 20, 2016
Loeb's pick to run 7-Eleven operator faces next task: boosting margins
The head of 7-Eleven convenience stores in Japan survived an attempt by his boss to remove him and emerged as president at Seven & I Holdings Co. His next hurdles: turn around weaker units and navigate a leadership transition at the country's largest retailer.
Japan Times
BUSINESS / Companies
Mar 28, 2016
Activist investor Loeb warns Seven & I on nepotism deciding CEO
Third Point LLC's billionaire founder Daniel Loeb has targeted Seven & I Holdings Co. for management succession planning criticism, warning the grocery and retail group against letting nepotism determine its next chief executive officer.

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