TOKYO -- The operator of Japan's 7-Eleven convenience store chain will hit the brakes on expansion of its retail network, departing from a strategy of driving growth through waves of store openings in favor of enhancing its outlets.
Companies
Japan's Seven-Eleven plans slowest expansion in 40 years
Change in growth model shifts focus to upgrading existing stores
Seven-Eleven plans to outfit 6,000 of its Japanese stores with extensive sections for frozen food and equip all outlets partial self-checkout. (Photo by Maho Obato)
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