7-Eleven to Close 400+ Stores Due to Declining Sales
#7Eleven #StoreClosures7-Eleven is closing over 400 stores due to declining sales and customer traffic, impacting both the US and Canada. The parent company, Seven & i Holdings, plans to focus on profitable aspects like fresh food and beverages while restructuring non-core assets. read more
Seven & i Rejects $39bn Takeover Offer from Couche-Tard
#7Eleven #takeoverofferSeven & i, owner of 7-Eleven, rejects a $39bn takeover offer from Canadian rival, stating undervaluation. The Japanese group, with 84,000+ stores across 19 countries, remains open to higher bids due to regulatory concerns. Speculation arises on strategic defense emphasizing 7-Eleven's role in Japan's disaster support infrastructure. read more
"7-Eleven Owner, Seven & i, Receives Buyout Offer from Rival"
#7Eleven #globalacquisition7-Eleven, with over 84,000 stores in 19 countries, including 13,000 in the US and 22,000 in Japan, is being bid for by Canadian rival Alimentation Couche-Tard. The potential acquisition, if approved, would mark a significant foreign takeover in Japanese business. read more