Rajiv MenonGeneral
Seven & I Fends Off 47 Billion Dollar Couche-Tard Takeover
Canadian convenience operator Alimentation Couche-Tard abandoned its multi-billion dollar buyout attempt after talks with the Tokyo-based parent of 7-Eleven broke down.
Tag
Ito-Yokado
Every story tagged Ito-Yokado on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Ito-Yokado
6 stories in this topic
Minjun ParkGeneral
7-Eleven parent sales surges: Report
Japanese retail giant Seven & I has reported a 15.8 per cent increase in net sales for the nine months to November. Profit rose by a less impressive 2.9 per cent. The 7-Eleven parent said its overseas convenience store business achieved an impressive 15.7 per…
Maria SantosGeneral
7-Eleven boosts parents profit growth
Overseas growth in the 7-Eleven convenience store business drove a modest increase in profit for Japanese retail group Seven & I Holdings in the first quarter. While the challenges of a shrinking population, falling household spending and corresponding…
Sarah ChenGeneral
Ito Yokado To Accelerate Expansion In Mainland China
Seven & I Holdings, parent company of Ito Yokado, will accelerate store expansion in the Chinese mainland market and plans to have 20 stores by 2020, tripling their current number in China. Ito Yokado entered the Chinese mainland market in 1997, with its…
Aiko TanakaGeneral
Seven & I plans to triple China network
While Japanese retailer Seven & I, which owns the 7-Eleven brand, has seen sales sliding, it plans to triple its network of supermarkets and department stores in China. The company aims to capitalise on the high growth in Sichuan province to grow its general…
Maria SantosReal Estate
Ito-Yokado to close 40 stores
Japanese retail giant Seven & I plans to close 40 of its Ito-Yokado branded supermarkets and general merchandise stores by 2020. Japan’s Nikkei reports that Seven & I, which is the parent of the 7-Eleven retail brand, expects the closures will boost profits.…