Seven & i Holdings news

21 May 2020
In response to the Coronavirus (COVID-19) pandemic, convenience operators are implementing measures to ensure everyone has access to the food and consumer goods products they need. We will continue to update this article as the latest initiatives are announced. Latest from UK Co-op is rapidly accelerating its online expansion to more than double the number of stores planned. Find out mor...
08 May 2020
7-Eleven has signed a master franchise agreement with CP ALL (Cambodia) Co. Ltd, a subsidiary of CP ALL in Thailand, to develop its stores in Cambodia. First 7-Eleven in 2021 CP ALL will build and operate the stores to modernise the retail environment and bring greater convenience to shoppers. The first 7-Eleven stores in Cambodia will be ready in 2021. It will have popular products, bevera...
06 May 2020
We look at the latest developments from 7-Eleven in the USA that address the challenges created by the Coronavirus (COVID-19) outbreak.  7NOW free delivery during April 7NOW delivery app is available in approximately 400 cities in the US. The app allows customers to order from more than 3,000 products including fresh and hot foods, household items, groceries, and medicine, amongst others. O...
05 May 2020
Japan's four largest retailers, Seven & i Holdings, AEON, FamilyMart and Lawson, have posted their annual results for the fiscal year ending 29 February 2020. Summary and our view Performance of the big four in 2019 was varied. Lawson is showing the fastest growth, 7&i remains solid, FamilyMart is recovering and AEON saw mixed results. The Japanese convenience landscape is undergoing maj...
15 April 2020
Taiwan has been widely recognised to have, so far, contained the spread of Coronavirus (COVID-19) well. However, the risk of community transmissions remains high, likewise a second wave of infections could be caused by returning residents from other regions. We look at how businesses in Taiwan have responded to the pandemic. Looking after everyone Carrefour Taiwan is providing disposable...
07 April 2020
Japan’s prime minister, Shinzo Abe, declared a month-long state of emergency on 7 April in response to the Coronavirus (COVID-19) pandemic. The government has also approved a record stimulus package worth JPY108 tn (US$990 bn) to support the economy State of emergency until 6 May Abe told a televised news conference, “We are not at a stage where rapid nationwide spread is being observed, b...
16 March 2020
7-Eleven has launched a second foodservice concept in the U.S, opening Raise the Roost Chicken & Biscuits store in lower Manhattan. Delivering new food options Raise the Roost share space with 7-Eleven’s Evolution Store in New York. It is the retailer’s second venture towards foodservice / restaurant. The first was Laredo Taco Company , which launched in Dallas in March 2019. Raise th...
06 March 2020
Seven & i Holdings, operator of 7-Eleven Inc. has dropped its plans to acquire Marathon Petroleum Corp.’s Speedway petrol stations in the U.S. Askng price too high Bloomberg reports that the deal was scrapped because the expected asking price of around US$22bn was considered too high by 7&i. The potential deal for Speedway would have been the largest overseas acquisition by a Japanese com...
03 March 2020
7-Eleven Malaysia Holdings Bhd’s total sales in FY 2019 reached MYR2.4bn (US$570m), up 6.4% from MYR2.2bn (US$523m) in the previous year. News stores, better promotions The higher revenue was driven by the growth in new stores, higher customer count, higher average spend per customer and better consumer promotion activity. Revenue from fresh food segment is above 3.5% of total revenue which...
27 February 2020
7-Eleven is planning to expand its Evolution Stores concept across the U.S this year. Embedding new initiatives to existing and future stores The retailer first launched its latest store concept (originally known as 'lab' store) in March last year in Dallas, and has expanded it to Washington, D.C. It now plans to expand its Evolution Stores concept to other cities. The store format is desig...