TOKYO -- Japanese 7-Eleven operator Seven & i Holdings has announced plans to improve corporate value by spinning off non-core businesses and shifting focus to convenience stores. But with the convenience store business in a slump, the market isn't buying the measures.
Retail
Analysts mixed on 7-Eleven owner's measures to fend off takeovers
With stock price in slump, Seven & i will focus on convenience stores to boost corporate value
Analysts are skeptical about Seven & i’s strategy, which includes a new intermediate holding company. (Photo by Yutaka Miyaguchi)
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