TOKYO -- Seven & i Holdings, owner of the 7-Eleven convenience chain, on Thursday said it aims to top 30 trillion yen ($200 billion) in group sales by the fiscal year through February 2031 -- almost double what it rang up in fiscal 2023 -- as the retail conglomerate races to raise its corporate value to counter a $47 billion takeover bid by Alimentation Couche-Tard.
Retail
Seven & i sets target to double sales to counter Couche-Tard bid
Retail giant's president hails 'potential for significant growth globally'
A 7-Eleven store in Bangkok. Seven & i aims to increase global sales by investing in or offering financing to its licensee partners. (Photo by Takaki Kashiwabara)
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