7-eleven

Couche-Tard's failed bid to acquire Seven & i sparks Japan M&A debate

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

Canada's Couche-Tard abandons $46 billion bid to buy 7-Eleven owner

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

Seven & i profit rises nearly 10%, boosted by overseas convenience stores

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

7-Eleven's first foreign CEO nominee confident of growth amid slowdown

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

Ready to boost bid if Seven & i engages in takeover talks, says Couche-Tard

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

Japan's Seven & i names Stephen Dacus new CEO, announces restructuring

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

Founding family unable to secure funding for $58 bn buyout, says Seven & i

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

Battle for Seven & i shows Japan Inc's resilience amid management buyout

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

Restructuring will boost 7-eleven growth prospects: Seven & i CEO

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

7-Eleven's retail empire includes banking, US' now bankrupt Tower Records

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

Summer deals heat up as 7-Eleven, Pop Tarts drive M&A wave: Report

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

2 suspects arrested in probe of deadly 7-Eleven shootings in California

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

Reliance Retail Ventures brings 7-Eleven to India after Future exit

First convenience store set to open tomorrow in Andheri East

Reliance Retail to launch 7-Eleven stores in India after Future Group exit

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

Future Retail, 7-Eleven terminate franchise agreement after payment default

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

Marathon Petroleum to sell gas stations to 7-Eleven owners for $21 bn

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

Lalit Modi's asset sale claim: A battle brewing in late K K Modi's backyard

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

7-Eleven tweaks convenience store format for India roll-out next year

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 Stores coming to India with Future Group; All you need to know

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

Future Retail inks pact to bring convenience store chain 7-Eleven to India

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