Convenience Store

Seven & i Sees Quarterly Profit Tumble 24%

Japan's Seven & i Holdings, operator of the 7-Eleven convenience store chain, said operating profit fell 24% in the latest quarter.

Japan's Seven & i Announces Expansion Plan For US, Canada

Japan's Seven & i Holdings said it plans to open 500 new convenience stores in the United States and Canada through 2027.

UK Retailer Sainsbury's Opens Its First Airport Store

UK retailer Sainsbury's has announced the launch of its first store at an airport.

7-Eleven Battle Shows Resilience Of Japan Inc's Family Ties

A rise in shareholder activism in Japan is poised to fuel a new wave of management buyouts by founding families, after the battle for 7-Eleven's parent com...

Seven & i Founding Family To Raise $52bn For Buyout This Year: Report

Japan's Seven & i aims to raise more than 8 trillion yen ($52 billion) to take it private by the end of this financial year, Japanese public...

Race For Japanese 7-Eleven Owner Heats Up With Founding Family Bid

Japan's Seven & i Holdings has received a buyout proposal from a member of its founding Ito family – a potential $58 billion (€54....

Morrisons To Invest €8.4 Millions In Channel Island Convenience Stores

British supermarket group Morrisons has completed its acquisition of 36 convenience stores in the Channel Islands, with plans to invest over £7 milli...

Seven & i Makes No Mention Of $47bn Buyout Bid In Laying Out Growth Plan

Japan's Seven & i will be looking to convince shareholders it can deliver long-term growth on its own when it speaks to them on Thursday (24 October).