TOKYO -- Seven & i Holdings, owner of the 7-Eleven convenience store chain, will begin the process of selling off its supermarket business, including Ito-Yokado, by the end of the year, Nikkei has learned.
According to people familiar with the matter, Seven & i plans to begin accepting bids before the end of the year to sell a majority stake in an intermediate holding company for the Japanese retail group's general merchandising chains, including Ito-Yokado and York-Benimaru.
