7-Eleven parent to open 1,000 new stores in Japan and 1,300 in North America
JAPANTODAY.COM
7-Eleven
SUMMARY

Seven & i Holdings Co plans to open 1,000 new 7-Eleven stores in Japan and 1,300 in North America by February 2031. This expansion follows the withdrawal of a $47 billion buyout proposal from Alimentation Couche-Tard Inc. The company aims to increase convenience store revenues to 11.3 trillion yen by fiscal 2030.

CEO Stephen Hayes Dacus emphasizes the need for significant changes in operations. The move comes as 7-Eleven Japan faces an 11% profit decline in a saturated market. Seven & i is restructuring, selling off noncore operations like its supermarket chain to focus on the 7-Eleven brand.

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