7-Eleven operator Seven & i eyes selling portion of superstore ops

Japan retailer seeks outside capital to turnaround chain store Ito-Yokado

20240409N Ito Yokado

Japanese hypermarket chain Ito Yokado is part of Seven-Eleven parent Seven & i Holdings. (Photo by Yutaka Miyaguchi)

Nikkei staff writers

TOKYO -- 7-Eleven operator Seven & i Holdings is considering selling a stake in its superstore business as early as 2026, bringing in outside capital to help restructure the struggling operations, the Nikkei has learned.

One likely method the Japanese retailer would use for the sale is to set up a new intermediate holding company for its general merchandising chains, including Ito-Yokado and York-Benimaru, as early as the fiscal year ending February 2026. It would court investment in this new entity from other companies and investment funds, possibly taking it public.

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