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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…
Thailand’s retail market is expected to grow at a compound annual growth rate (CAGR) of more than 6 per cent from now until 2020. This was revealed in the latest market study by global technology research and advisory company Technavio. Its research report,…
Convenience store owner Lawson Japan is seeking to buy chains in the US with the aim of boosting its number of overseas outlets by about a quarter within a year. “In the US, where the market is mature, mergers and acquisitions are a simple and straightforward…
Losses have forced two Seven & I store closures in regional Japan, both outlets after 40 years of trading. Seven & I Holdings, which owns the Sogo and Seibu department store chains, is closing a Sogo store in Kashiwa, Chiba Prefecture, and a Seibu store in…
Modern Internasional, the master franchisee for Indonesia 7-Eleven, has partnered with Credit Saison of Japan to create a fund to help finance new franchisees. The two companies have created a joint venture called PT Saison Modern Finance (SMF) in Indonesia.…
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.…
