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The company was established in 1973 as York Seven (ヨークセブン, Yōku Sebun) by the supermarket chain Ito-Yokado in collaboration with Southland Corporation, now known as 7-Eleven, Inc, an American convenience store chain. As of 2022, Seven-Eleven is the largest convenience store chain in Japan in terms of sales and number of stores.
In November 2005, Seven & i acquired the shares of 7-Eleven, Inc. through a public tender offer, making it a wholly-owned subsidiary via Seven-Eleven Japan. [2] Seibu Department Store in Ikebukuro, Tokyo. On December 25, 2005, Seven & i solidified its plans to merge with Millennium Retailing, which owns the department stores Seibu and Sogo. On ...
Japan has more 7-Eleven locations than anywhere else in the world, where they often bear the name of its holding company Seven & I Holdings—in fact, Seven & I's subsidiary Seven-Eleven Japan, the master franchisee for Japan, is the direct parent company of 7-Eleven, Inc.
7-Eleven, originally a U.S. brand, first came to Japan in 1974, after Ito-Yokado opened the first outlet in Tokyo. The Japanese retail company bought a 70% stake in 7-Eleven in 1991. This story ...
In a filing with the Tokyo Stock Exchange, the owner of 7-Eleven revealed that Couche-Tard had offered to acquire all outstanding shares of Seven & i for $14.86 per share. According to LSEG data ...
In 2020, Seven & i and Couche-Tard were rival bidders to take over U.S. gas station chain Speedway, which the Japanese company ended up purchasing for $21 billion. ($1 = 146.2200 yen)
7-Eleven Inc. also says it works closely with Seven-Eleven Japan to share learnings and best practices, including working with some of the same fresh food manufacturers and commissaries.
Company or brand name Parent company Headquarters Countries served Number of locations 7-Eleven: Seven & I Holdings Japan Japan, United States, Australia, Cambodia ...