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Ito-Yokado bought out 7-11, they were previously running the Japanese franchise, they also run supermarkets in Japan. But yes, the US 7-11s are now owned by a J
by new299 5y ago
Ito-Yokado bought out 7-11, they were previously running the Japanese franchise, they also run supermarkets in Japan. But yes, the US 7-11s are now owned by a Japanese company.
- Frost1x 5y agoThat may explain some of the recent improvements in quality in the stores I've noticed. It's not a lot, but a few items like having fresh ground coffee is a welcome sight when traveling as opposed to warmers of coffee prepared by someone who doesn't care that likely have been sitting for hours.
- new299 5y agoThe acquisition happened in 1991 so it’s not a new thing. I’m really curious to understand how the relationship works though. And wonder if the US operations are largely independent or not.
- wiseguy317 5y ago7-Eleven US was bought by the Japanese parent in 2005 out of bankruptcy.
- new299 5y agoThere was some structuring in 2005. But Ito Yokado acquired majority control in 1991. https://en.wikipedia.org/wiki/Seven_%26_I_Holdings https://en.wikipedia.org/wiki/Seven_%26_I_Holdings https://apnews.com/article/d5e836d5edac5600bbf626c97d8a2da3 https://apnews.com/article/d5e836d5edac5600bbf626c97d8a2da3
- seanmcdirmid 5y ago> But yes, the US 7-11s are now owned by a Japanese company. Corporate 7-11 is owned by a Japanese company, most 7-11s in the states are franchises owned very locally.