Seven & i profit hits record on US store performance

Franchise expansion lifts the Japanese parent of 7-Eleven

20180929N Seven & i

7-Eleven maintains the top market share in the U.S.

TOMOHIRO NOGUCHI, Nikkei staff writer

TOKYO -- Japanese retail group Seven & i Holdings' operating profit likely rose 3% to roughly 200 billion yen ($1.76 billion) for the six months ended August, reaching a record for six straight years on strong overseas convenience store operations.

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