TSE:3382Consumer Retailing
Seven And I Overhauls 7 Eleven Network To Refocus North American Growth
Seven & i Holdings (TSE:3382) is restructuring its North American 7-Eleven network, converting or closing 645 stores and shifting many company owned outlets to wholesale operations.
The company plans to open around 200 new stores and pursue bolt on acquisitions as part of a broader refresh of its North American footprint.
Management is targeting remodels for more than 7,000 stores by 2030, pointing to a large scale store upgrade program.
Tetsuya Takagi has been hired as CFO with a clear...