Convenience stores are a part of Japan’s culture, meaning that the foreign buyout offer from Canadian Owner of Circle K for 7-Eleven, the largest chain, could be a hard sell there. Seven & i ...
He is not alone in his criticism. Reuters also spoke to nine current 7-Eleven franchisees in Japan, almost all of whom voiced disapproval of Seven & i's strategy and welcomed the proposed buyout ...
Japan and the U.S. account for around two-fifths of the 85,000 7-Eleven stores worldwide. The Japan business is smaller by sales, but highly profitable, with operating margins of 27% versus an ...