Seven & i receives at least seven bids for sale of noncore businesses

Sluggish supermarket seeks way to rebuild with new owner

20241129 Ito-Yokado

The owner of the 7-Eleven convenience store chain, Seven & i Holdings, is selling off its non-core supermarket business. (Photo by Makoto Okada)

TAMAYO MUTO, Nikkei staff writer

TOKYO -- Seven & i Holdings, owner of the 7-Eleven convenience store chain, has received bids from at least seven parties to buy stakes in an intermediate holding company that is set to control the Japanese retail group's non-core businesses, including its supermarket operation.

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