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Seven & i sells Ito-Yokado supermarket chain to U.S. fund

Photo taken on Sept. 1, 2025, shows an Ito-Yokado supermarket chain outlet in Tokyo's Ota Ward. Seven & i Holdings Co. said the same day it has completed the sale of some 30 retailers, including the struggling Ito-Yokado supermarket chain, to U.S. private equity firm Bain Capital so it can focus on its 7-Eleven convenience store business.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on Nov. 21, 2024, shows the headquarters of Canadian retailer Alimentation Couche-Tard Inc. near Montreal. The retailer said on July 16, 2025, that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain, following a year of talks.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on July 17, 2025, shows the headquarters of Seven & i Holdings Co., the Japanese operator of the Seven-Eleven convenience store chain. Canadian retailer Alimentation Couche-Tard Inc. said on July 16, 2025, that it has withdrawn its $47 billion buyout proposal for Seven & i, following a year of talks.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on July 17, 2025, shows a Seven-Eleven convenience store in Tokyo's Shinjuku Ward. Canadian retailer Alimentation Couche-Tard Inc. said on July 16 that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the convenience store chain, following a year of talks.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on Nov. 21, 2024, shows a convenience store operated by Canadian retailer Alimentation Couche-Tard Inc. in Montreal. The retailer said on July 16, 2025, that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain, following a year of talks.

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Couche-Tard drops bid to buy Seven-Eleven parent company

Combined file photo shows the logos of Seven & i Holdings Co. (L) and Alimentation Couche-Tard Inc. Canadian retailer Alimentation Couche-Tard withdrew its $47 billion buyout proposal for Japanese rival Seven & i Holdings, ending nearly a year of talks.

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7-Eleven parent shareholders OK 1st foreign CEO

Photo taken in Tokyo on May 27, 2025, shows the logo of Seven & i Holdings Co., the Japanese operator of the Seven-Eleven convenience store chain. The company's shareholders endorsed Stephen Hayes Dacus as its first foreign CEO at its annual shareholders' meeting in Tokyo the same day.

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7-Eleven parent shareholders OK 1st foreign CEO

Shareholders of Seven & i Holdings Co., the Japanese operator of the Seven-Eleven convenience store chain, head to the venue of the company's annual shareholders' meeting in Tokyo on May 27, 2025. The shareholders endorsed Stephen Hayes Dacus as its first foreign CEO at the meeting.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard (L) and President and CEO Alex Miller attend a press conference in Tokyo on March 13, 2025. The executives of the Canadian company, the operator of Circle K convenience stores, are in talks with Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over a takeover proposal.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. President and CEO Alex Miller speaks at a press conference in Tokyo on March 13, 2025. Miller and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard speaks at a press conference in Tokyo on March 13, 2025. Bouchard and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard speaks at a press conference in Tokyo on March 13, 2025. Bouchard and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard speaks at a press conference in Tokyo on March 13, 2025. Bouchard and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

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Seven & i names director Dacus as CEO

Seven & i Holdings Co.'s outside director and next president Stephen Dacus (R) shakes hands with the current president, Ryuichi Isaka, following a press conference held in Tokyo on March 6, 2025, to announce the reshuffle.

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Seven & i names director Dacus as CEO

Seven & i Holdings Co.'s outside director and next president Stephen Dacus (R) shakes hands with the current president, Ryuichi Isaka, following a press conference held in Tokyo on March 6, 2025, to announce the reshuffle.

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Seven & i names director Dacus as CEO

Seven & i Holdings Co.'s outside director and next president Stephen Dacus (R) and the current president, Ryuichi Isaka, hold a press conference in Tokyo on March 6, 2025, to announce the reshuffle.

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Seven & i names director Dacus as CEO

Seven & i Holdings Co.'s outside director and next president Stephen Dacus (R) and the current president, Ryuichi Isaka, hold a press conference in Tokyo on March 6, 2025, to announce the reshuffle.

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Seven & i names director Dacus as CEO

Seven & i Holdings Co.'s outside director and next president Stephen Dacus (R) and the current president, Ryuichi Isaka, hold a press conference in Tokyo on March 6, 2025, to announce the reshuffle.

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Seven & i Holdings headquarters in Tokyo

Photo taken in Jan. 25, 2025, shows Seven & i Holdings Co.'s headquarters in Tokyo.

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Seven Bank begins ATM service via facial recognition

A man uses a Seven Bank ATM machine in Tokyo on Feb. 6, 2025, via a facial recognition system introduced by the unit of retail group Seven & i Holdings Co. the same day.

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Seven-Eleven convenience store outlet

Photo taken on Nov. 26, 2024, shows a Seven-Eleven convenience store outlet in New York operated by Japan's Seven & i Holdings Co. Canada's Alimentation Couche-Tard Inc., the operator of the Circle K convenience stores, has made a takeover bid for its Japanese rival.

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Alimentation Couche-Tard outlet

Photo taken on Nov. 21, 2024, shows an outlet of Canada's Alimentation Couche-Tard Inc. in Montreal. The operator of the Circle K convenience stores has made a takeover bid for Japan's Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain.

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Alimentation Couche-Tard outlet

Photo taken on Nov. 21, 2024, shows an outlet of Canada's Alimentation Couche-Tard Inc. in Montreal. The operator of Circle K convenience stores has made a takeover bid for Japan's Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain.

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Interview with Seven & i Holdings president

Seven & i Holdings Co. President Ryuichi Isaka gives an interview in Tokyo on April 27, 2023.

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Interview with Seven & i Holdings president

Seven & i Holdings Co. President Ryuichi Isaka gives an interview in Tokyo on April 27, 2023.

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Seibu department workers strike

A pedestrian passes by the shuttered flagship Seibu department store in Tokyo's Ikebukuro area on Aug. 31, 2023, amid a labor strike against parent Seven & i Holdings Co.'s planned sale of the 10-store Sogo & Seibu chain to a U.S.-based investment fund.

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Seibu Ikebukuro workers strike

Striking workers represented by a labor union at Japanese department store operator Sogo & Seibu Co. march in the streets of Tokyo's Toshima Ward on Aug. 31, 2023. Store workers are opposing plans by parent Seven & i Holdings Co. to sell the 10-store chain to a U.S.-based investment fund.

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Seibu Ikebukuro workers strike

Photo taken on Aug. 31, 2023, shows the Seibu Ikebukuro department store in Tokyo's Toshima Ward. Store workers staged a strike the same day, opposing plans by parent Seven & i Holdings Co. to sell the 10-store Sogo & Seibu chain to a U.S.-based investment fund.

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Seven & i honorary adviser Suzuki

Toshifumi Suzuki, honorary adviser of Seven & i Holdings Co., gives an interview in Tokyo on June 8, 2023.

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Seven & i honorary adviser Suzuki

Toshifumi Suzuki, honorary adviser of Seven & i Holdings Co., gives an interview in Tokyo on June 8, 2023.

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Seven & i Holdings President Isaka

Seven & i Holdings Co. President Ryuichi Isaka speaks during a symposium in Lake Geneva, Wisconsin, on June 8, 2023.

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Interview with Seven & i Holdings president

Seven & i Holdings Co. President Ryuichi Isaka gives an interview in Tokyo on April 27, 2023.

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Interview with Seven & i Holdings president

Seven & i Holdings Co. President Ryuichi Isaka gives an interview in Tokyo on April 27, 2023.

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50th anniv. ceremony of Seven-Eleven Japan

Toshifumi Suzuki, former chairman and chief executive officer of Seven & i Holdings Co., delivers a speech during a ceremony in Tokyo on April 20, 2023, marking the 50th anniversary of the founding of the Seven-Eleven Japan convenience store chain operator.

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Jan.-June mineral water shipments hit record high

TOKYO, Japan - A saleslady puts mineral water bottles on the shelves at a Tokyo convenience store run by Seven-Eleven Japan Co., a Seven & I Holdings Co. arm, on Aug. 15. A market research institute said Aug. 16 that mineral water shipments in Japan hit a new high in the January-June period at 74.5 million cases, reflecting consumers' growing health-consciousness and the introduction of a greater variety of products.

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Ito-Yokado supermarket in Chengdu, China

CHENGDU, China - Seven & I Holdings Co.'s Ito-Yokado supermarket in the center of Chengdu, China, is visited by many customers in this file photo taken on Nov. 28, 2014. In the competitive retail market in Chengdu, Japanese stores are increasing sales partly due to their customer-oriented services.

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Japanese stores winning in Chinese market

CHENGDU, China - Seven & I Holdings Co.'s Ito-Yokado supermarket (L) and Isetan Co.'s department store in the center of Chengdu, China, are shown in this file photo taken on Nov. 27, 2014. In the competitive retail market in Chengdu, the stores are increasing sales partly due to their customer-oriented services.

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Seven & i Holdings reports record 1st half operating profit

TOKYO, Japan - Noritoshi Murata, president and chief operating officer of retail giant Seven & i Holdings Co., briefs reporters on the group's financial results for the March-August half-year period at a news conference in Tokyo on Oct. 2, 2014.

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Seven & i welcomes recruits

TOKYO, Japan - New recruits of Seven & i Holdings Co. and its group companies attend a welcome ceremony in Tokyo on March 13, 2014.

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Seven & i welcomes recruits

TOKYO, Japan -Seven & i Holdings Co. Chairman and Chief Executive Officer Toshifumi Suzuki speaks during a welcome ceremony in Tokyo on March 13, 2014, for 1,219 new recruits joining 14 group companies.

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Seven & i welcomes recruits

TOKYO, Japan - New recruits of Seven & i Holdings Co. and its group companies practice sign language before a welcome ceremony in Tokyo on March 13, 2014.

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Seven & i welcomes recruits

TOKYO, Japan - New recruits of Seven & i Holdings Co. and its group companies exercise before a welcome ceremony in Tokyo on March 13, 2014.

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Seven & i builds fuel storage base in Saitama Pref.

TOKYO, Japan - Seven & i Holdings Co. unveils its fuel storage base being built in the town of Sugito, Saitama Prefecture, north of Tokyo, on Feb. 28, 2014. The base for storing fuel needed to deliver products in the event of a major disaster is scheduled for completion in April.

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Seven & i to forge capital, business alliance with Francfranc operator

TOKYO, Japan - Noritoshi Murata (R), president and chief operating officer of Seven & I Holdings Co., and Fumio Takashima, president of BALS Corp., operator of the Francfranc store chain, shake hands during a press conference in Tokyo on Dec. 25, 2013, at which they announced that the two companies will conclude a capital and business alliance.

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Seven & I's private-brand clothing items

TOKYO, Japan - Photo taken Aug. 27, 2012, in Tokyo's Chiyoda Ward, shows clothing items Seven & I Holdings Co. plans to release under its Seven Premium private brand. The major Japanese retailer will sell about 200 items priced between 380 yen and 1,490 yen, including body-warming innerwear, from Aug. 29 under the brand.

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Giants beat Phillies in Game 3

SAN FRANCISCO, United States - San Francisco Giants starter Matt Cain throws a pitch against the Philadelphia Phillies in Game 3 of the National League Championship Series on Oct. 19, 2010, at AT&T Park in San Francisco. Cain allowed 2 hits over seven innings to lead the team to a 3-0 victory and a 2-1 edge in the series.

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Giants beat Phillies in Game 3

SAN FRANCISCO, United States - San Francisco Giants starter Matt Cain throws a pitch against the Philadelphia Phillies in Game 3 of the National League Championship Series on Oct. 19, 2010, at AT&T Park in San Francisco. Cain allowed 2 hits over seven innings to lead the team to a 3-0 victory and a 2-1 edge in the series.

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Japan new recruits at full stretch

TOKYO, Japan - Fresh recruits at Japanese retailer Seven & I Holdings Co. participate in a stretching session during a welcome event in Tokyo on March 19, 2010, held prior to April 1, the start of the 2010 business year at most companies in Japan. The retailer hired 736 fresh recruits, 530 fewer than the previous year, amid the economic slump.

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Seven & I to close Seibu Yurakucho department store Dec. 25

TOKYO, Japan - Aerial photo shows the Seibu Yurakucho department store (two buildings in front) in the Yurakucho district of downtown Tokyo. Seven & I Holdings Co. said on Jan. 27, 2010, it plans to close the Yurakucho store on Dec. 25.

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Seibu Yurakucho department store set to close

TOKYO, Japan - Passersby walk in front of the Seibu Yurakucho department store in the Yurakucho district of downtown Tokyo on Jan. 26, 2010. Seven & I Holdings Co. plans to close the department store later this year due to the store's deteriorating performance, sources close to the matter said the same day.

Seven & i sells Ito-Yokado supermarket chain to U.S. fund

Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Couche-Tard drops bid to buy Seven-Eleven parent company

7-Eleven parent shareholders OK 1st foreign CEO

7-Eleven parent shareholders OK 1st foreign CEO

Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard execs in Tokyo

Seven & i names director Dacus as CEO

Seven & i names director Dacus as CEO

Seven & i names director Dacus as CEO

Seven & i names director Dacus as CEO

Seven & i names director Dacus as CEO

Seven & i Holdings headquarters in Tokyo

Seven Bank begins ATM service via facial recognition

Seven-Eleven convenience store outlet

Alimentation Couche-Tard outlet

Alimentation Couche-Tard outlet

Interview with Seven & i Holdings president

Interview with Seven & i Holdings president

Seibu department workers strike

Seibu Ikebukuro workers strike

Seibu Ikebukuro workers strike

Seven & i honorary adviser Suzuki

Seven & i honorary adviser Suzuki

Seven & i Holdings President Isaka

Interview with Seven & i Holdings president

Interview with Seven & i Holdings president

50th anniv. ceremony of Seven-Eleven Japan

Jan.-June mineral water shipments hit record high

Ito-Yokado supermarket in Chengdu, China

Japanese stores winning in Chinese market

Seven &amp; i Holdings reports record 1st half operating profit

Seven &amp; i welcomes recruits

Seven &amp; i welcomes recruits

Seven &amp; i welcomes recruits

Seven &amp; i welcomes recruits

Seven &amp; i builds fuel storage base in Saitama Pref.

Seven &amp; i to forge capital, business alliance with Francfranc operator

Seven &amp; I's private-brand clothing items

Giants beat Phillies in Game 3

Giants beat Phillies in Game 3

Japan new recruits at full stretch

Seven &amp; I to close Seibu Yurakucho department store Dec. 25

Seibu Yurakucho department store set to close

Seven & i Holdings reports record 1st half operating profit

Seven & i welcomes recruits

Seven & i welcomes recruits

Seven & i welcomes recruits

Seven & i welcomes recruits

Seven & i builds fuel storage base in Saitama Pref.

Seven & i to forge capital, business alliance with Francfranc operator

Seven & I's private-brand clothing items

Seven & I to close Seibu Yurakucho department store Dec. 25