Seven & I Holdings Co.

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Seven & I Holdings Co., Ltd.
株式会社セブン&アイ・ホールディングス
Type Public
Traded as TYO: 3382
Industry Retailing
Founded September 1, 2005 (2005-09-01) (from merger)
Headquarters 8-8, Nibancho, Chiyoda, Tokyo, Japan
Key people Toshifumi Suzuki, CEO
Noritoshi Murata, President
Services Department stores, Superstores, Supermarkets, Convenience stores, Restaurants, Financial services
Revenue Decrease ¥4.786 trillion (2012)
Operating income Increase ¥292.06 billion (2012)
Net income Increase ¥129.83 billion (2012)
Total assets Increase ¥3.889 trillion (2012)
Total equity Increase ¥1.860 trillion (2012)
Employees 52,692 (2012)
Subsidiaries Seven-Eleven Japan Co., Ltd.
7-Eleven, Inc.
Seven-Eleven (Hawaii), Inc.
Seven-Eleven (Beijing) Co., Ltd.
Ito Yokado Co., Ltd.
Sogo & Seibu Co., Ltd.
Seven Bank, Ltd.
Website www.7andi.com

Seven & I Holdings Co., Ltd. (株式会社セブン&アイ・ホールディングス Kabushiki-gaisha Sebun ando Ai Hōrudingusu?, Seven-i (セブンアイ)) is a Japanese diversified retail group headquartered in Nibancho, Chiyoda, Tokyo, Japan.[1] Founded originally in 1920 as Ito-Yokado, Seven & I is now the fifth largest retailer in the world,[2] with 35,000 stores in approximately 100 countries.

Contents

History [edit]

Seven & I Holdings was established on September 1, 2005 as the parent company of the 7-Eleven Japan chain of convenience stores, the Ito-Yokado grocery and clothing stores, and the Denny's Japan family restaurants. In November 2005, it completed the purchase of US-based 7-Eleven Inc.[3]

On December 26, 2005, the company announced its acquisition of Millennium Retailing holding company, parent of the Sogo and Seibu Department Stores chains. The acquisition makes Seven & I Holdings the largest distribution and retailing business in Japan.

On August 11, 2006, Seven & I purchased Lombard, Illinois-based White Hen.[4]

In July 2007, the group announced the enlargement of their American chain 7-Eleven. They proposed an additional 1000 stores in a $2.4 billion plan that would see their US operation grow to over 7,000 stores. The target was set to achieve $10 billion in sales in the US by 2010.[citation needed]

On June 11, 2012, Seven & I, through its 7-Eleven, Inc. subsidiary, acquired 23 convenience stores in the US from Strasburger Enterprises, Inc.[5]

Subsidiaries [edit]

Gallery [edit]

References [edit]

  1. ^ "Office Map." Seven & i Holdings. Retrieved on January 13, 2009.
  2. ^ Planet Retail reveals latest retailer rankings[dead link], Planet Retail, 28 July 2008. Archive copy at the Wayback Machine
  3. ^ http://www.7andi.com/en/company/news/2005.html
  4. ^ "7-Eleven Parent Company Buys White Hen Pantry". The New York Times Company. 11 August 2006. Retrieved 11.08.2012.  Archived at WebCite
  5. ^ "Seven & I Holdings : Notice Regarding the Acquisition of Stores from Strasburger Enterprises, Inc.". 4-Traders. 15.06.2012. Retrieved 29.08.2012.  Archived at WebCite

External links [edit]


Coordinates: 35°41′8.82″N 139°44′2.35″E / 35.6857833°N 139.7339861°E / 35.6857833; 139.7339861