Sales at convenience stores in June rose 0.8% from a year before to ¥856.5 billion on a same-store basis, up for the fourth consecutive month, the Japan Franchise Association said Tuesday. The sales growth, which followed a tumble in June last year in the wake ...
The three main chains have adopted different strategies, raising expectations that they will move away from the industry norm of operating almost identical stores.
Seven-Eleven parent to sell 293 stores in U.S. to settle antitrust charges
With the latest agreement, Seven & I Holdings is expected to obtain the U.S. antitrust watchdog's approval for its deal to acquire convenience store chain Speedway.
Seven & I's buyout of Speedway may be illegal, U.S. antitrust officials say
The two officials said that the acquisition of the Speedway chain of convenience stores in gasoline stations raises "significant competitive concerns."
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.
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.
7-Eleven owner in talks for Marathon's Speedway gas stations, sources say
Seven & I Holdings Co., which controls convenience store operator 7-Eleven, is in exclusive talks to acquire Marathon Petroleum Corp.'s Speedway gas stations for about $22 billion, according to people familiar with the matter. The 7-Eleven owner is lining up financing for the potential transaction, ...
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.
Seven & I Holdings to cut 3,000 jobs and close 1,000 7-Eleven convenience stores across Japan
The number of domestic convenience stores operated by Seven-Eleven Japan Co. dropped by 24 in September from the previous month to 20,993, marking the first fall in five years, company officials said Friday. The figures came a day after its parent, Seven & I Holdings ...
U.S. Seven-Eleven body to work with Japan peers to highlight difficulty of 24/7 operations
A U.S. body representing Seven-Eleven convenience store owners said Thursday it will seek to work together with Japanese owners on tackling the issue of running 24-hour operations in a tight labor market. "We want to help (the Japanese franchisees) to get started in lobbying and ...
