Your ‘local everything’: what 7-Eleven buyout battle means for Japan …C0NTINUE READING HERE >>>
People across Japan use 7-Eleven stores as a one-stop shop to buy anything from egg sandwiches to concert tickets.
Photo: Richard A. Brooks / AFP/File
Source: AFP
In Japan more is at stake than money in the mammoth takeover battle for 7-Eleven, the world’s biggest convenience chain, by Canadian retail giant Alimentation Couche-Tard.
It is a litmus test for government efforts to shake up corporate Japan, experts say, and one that may put more firms in the sights of foreign buyers.
The chain is a ubiquitous lifeline for an ageing population in Japan and a cherished one-stop shop for…
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