7-Eleven

7-Eleven convenience stores have one of Japan's most recognizable brands and a takeover would have been the largest by a foreign entity in the country's history

In a statement, Seven & i said was it was disappointed by Couche-Tard's decision to walk away, but said it disagreed with the numerous mischaracterisations in Canadian suitor's letter

Japanese retailing giant previously announced a share buyback, is selling off non-core assets and plans to list its North American convenience store business

The first foreigner tapped to head 7-Eleven expressed confidence Friday the Japanese convenience store chain will continue to attract thrifty customers, even in an economic slowdown. But Stephen Hayes Dacus, an American with a Japanese mother, declined to comment on the specifics of the various investment plans now being studied, including an acquisition proposal by Alimentation Couche-Tard of Canada. A special company committee, which he isn't part of, is charged with studying the options totally objectively, he said. The process is moving forward very constructively, Dacus, who is currently a director, told a small group of reporters at the Tokyo headquarters of Seven and i Holdings Co., which operates 7-Eleven. His appointment as chief executive still needs shareholders' approval, set for May. Seven and i shares have risen more than 2 per cent in the past year. Fluent in Japanese and English, Dacus said he was determined to build a culture of leadership that he's learned to adm

Couche-Tard's top executives are in Tokyo Thursday to promote their multi-billion dollar bid to purchase the parent company of the 7-Eleven stores

Dacus, who previously held executive roles with Walmart and Fast Retailing, has also led a special committee vetting the takeover bids

The failure of the management buyout heightens the likelihood of Couche-Tard pulling off a mammoth acquisition of one of Japan's best-known and most beloved retailers

Seven & i Holdings Vice President Junro Ito swooped in last month with an offer to take private the company founded by his late father

While its Japanese 7-Eleven convenience stores are a money-spinner, Seven & i has been hobbled by poor performance at its supermarkets, including the Ito Yokado stores that make up a part

The Japanese retailer originated as a clothing store a century ago and evolved into a general merchandiser, selling everything from groceries and sundries, to clothing and home goods

7-Eleven parent Seven & i Holdings Co. soared Monday after saying it's received a takeover proposal from the owner of Circle K

Two men were arrested Friday in connection with a series of robberies at Southern California 7-Eleven stores that left two people dead and three wounded

First convenience store set to open tomorrow in Andheri East

Future had agreed to sell its retail assets to Reliance, but the deal hit a roadblock after Amazon.com challenged it.

In a statement to the stock exchanges, Future Retail said no financial or business impact on the company is expected as the arrangement was at the subsidiary company level

The operator of the 7-Eleven franchise agreed to buy Marathon Petroleum's gas-station business, adding 3,900 Speedway outlets to clinch a dominant position of almost 14,000 stores in the US, Canada

The business close to Samir's heart is 24Seven, which is part of GPI, and, according to Lalit, it too will be on the block

Experts say the emphasis on eating out at 7-Eleven in India is linked in part to curbs on foreign direct investment in multi-brand retail in the country

7-Eleven is a multi retail chain that runs small format convenience stores that sells packaged foods, beverages and items of daily use.

Roy said the small-retail environment, including kiranas, could get modernised with the entry of 7-Eleven