Seven & i Holdings Co. rose slightly on reports that it plans to list or sell part of its supermarket unit Ito-Yokado, which has been under pressure to restructure in the face of intensifying competition from discount stores and online retailers.
(Bloomberg) Seven & i Holdings Co. is considering a listing of Ito-Yokado, the historic supermarket retail core of the company, and eventually split it off from the more profitable and faster-growing 7-Eleven franchise to focus its efforts on making convenience stores a global business.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsBond Trader Places Record Futures Bet on Eve of Inflation DataIran’s Better, Stealthier Drones Are Remaking Global Warfare
Seven & I Plans to List Supermarket Unit Ito-Yokado, Kyodo Reports bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Seven & i to Hold First Investor Day in Bid to Boost Confidence bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Seven & i to Hold First Investor Day in Bid to Boost Confidence bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.