Seven & i Holdings news

25 April 2019
The three leading convenience store chains in Japan are facing increasing challenges to hiring staff for their stores. Labour shortages driven by the country's ageing population is deepening and retailers opening new stores require new workers. Discounts and benefits for workers The current approach for many convenience store operators is to incentivise workers with benefits and discounts. ...
17 April 2019
We round up the latest trading updates and news for Japan's four largest retailers, Seven & i Holdings, FamilyMart UNY, Lawson and AEON. Seven & i posts 12.5% increase in revenue Seven & i Holdings has released a strong set of annual results (ending 28 February 2019), posting a 12.5% increase in operating revenue to JPY6,791.2bn (US$60.7bn), with operating income up 5.1% to JPY411.5bn (US$3...
29 March 2019
First phase of launch announced; CEO for joint venture appointed. Eight 7-Eleven stores to open in Mumbai After signing a master franchise agreement with 7-Eleven last month , Future Group announced that it will open eight 7-Eleven stores in Mumbai as an initial phase. In addition, the Group shared that it is exploring two different retail formats of the chain. The Group is experime...
06 March 2019
AEONs Maxvalu in Hiroshima and a handful of 7-Eleven stores are reducing their operating hours in Japan. Maxvalu in Hiroshima ending 24-hour operations Maxvalu Nishinihon, a Hiroshima-based subsidiary of AEON, is ending 24-hour operations for 25 stores later this month. The company plans to refocus its staff members' attention on improving customer service. The move should also help the bus...
01 March 2019
Seven & i Holdings partners with Future Retail to develop and operate its iconic brand in the country. First stores expected this year 7-Eleven, the world’s largest convenience retailer, announced that it has signed a master franchise agreement with Future Retail to begin operations in the country. The deal looks set to benefit both parties as the Future Group gains access to global tech...
28 February 2019
Sales for 2018 grew by 1.3% from previous year. Strong fundamentals driving growth Expansion of the store network, higher average spend per customer and positive response to promotional activities are the reasons that have driven the growth for 7-Eleven Malaysia. The convenience retailer ended the year with revenue of MYR$2.22bn, an increase of 1.3% versus the previous year of MYR$2.19bn. C...
26 February 2019
President Chain Store Corp, operator of 7-Eleven in Taiwan is testing a new concept store, which offers Domino’s Pizza.  Domino's Pizza in 7-Eleven The co-branded store will be launched in Taipei’s Xinyi District, offering freshly cooked pizza from Domino's. Pizzas will be cooked on-site and priced between US$2.9 and US6.8. The trial store aims to target busy workers and the retailer hopes ...
22 February 2019
CP ALL, the Thai operator of convenience chain 7-Eleven and wholesale business Siam Makro, reported total revenues of THB527.9bn (US$16.9bn) last year. Total profit recorded 7.8% growth over the previous year, due to improved performance from both 7-Eleven and Siam Makro’s businesses. Expansion of 7-Eleven key to growth 7-Eleven store sales gained 10.8% to THB30bn (US$959m) compared to FY20...
15 February 2019
American manufacturer and distributor Avery Dennison has announced that it will work with the Japanese government to drive RFID technology roll-out in convenience stores across Japan. Roll-out across Japan by 2025 We have already seen some of the leading convenience operators, e.g. Lawson launch new style checkouts in recent years. This latest announcement should help accelerate the roll-ou...
11 January 2019
We round up the latest trading updates and news for Japan's four largest retailers. Seven & i posts 13.2% increase in revenue Seven & i Holdings has released a strong set of Q3 results, posting a 13.2% increase in operating revenue to JPY5,072.3bn, with operating income up 2.9% to JPY304.2bn. Revenue from its domestic CVS operations grew modestly at 2.9%, with existing stores rising for the...