Seven & i Holdings news

01 October 2019
After postponing the rise of consumption tax twice, Japan has today brought in the long-delayed policy into effect. The increase is the first time in five years, from 8% to 10%. Rebate to provide shoppers relief The new rate applies to nearly all goods and services, from electronics to books. The government has introduced measures, however, including discounts for certain purchases made u...
24 September 2019
The cryptocurrency can now be bought at all 7-Eleven stores across the country. Bring Bitcoin to everyday shoppers Abra has formed a partnership with ECPay to sell Bitcoin for cash in the Philippines. Abra is a well-known cryptocurrency investment app company and ECPay a payment processor firm. The partnership will introduce cryptocurrency to 6,000 locations across the Philippines, inclu...
29 August 2019
Sales grew by 7.2% from same period of previous year. Demonstrates sound implementation of strategy New store openings, higher average spend per customer and positive shopper response to promotions are some of the reasons that have driven growth for 7-Eleven Malaysia. The convenience retailer reported first half revenues of MYR$1.17bn. Correspondingly, net profits improved to MYR$25.7m, a r...
22 August 2019
7-Eleven has launched mobile checkout at its stores in New York City, U.S. Greater convenience during busy hours After testing mobile self-checkout with employees at its Store Support Center store, 7-Eleven launched the service in several Dallas locations in 2018 to get customer feedback for further refinement. Now, customers at 7-Eleven in New York City can skip the checkout line and pa...
21 August 2019
Japan’s four leading convenience banners, 7-Eleven, FamilyMart, Lawson and Ministop will offer a 2% discount for cashless payments starting October. On the spot discounts for nine months… The rebate program launched by the Japanese government coincides with the rise of consumption tax from 8% to 10% in October. The initiative will look to drive consumption and the use of cashless payments. ...
15 August 2019
7-Eleven in Australia has achieved a new benchmark, opening its 700th store in the market. Plans to continue expanding on the west coast The store in Banksia Grove in Western Australia is the 38th in the state, having opened its first store on the west coast in 2014. The retailer continues to steadily grow its network, planning 10-15 new store openings in Western Australia over the next two...
14 August 2019
7-Eleven in Japan will discontinue its 7pay cashless payment service next month. Rebuilding trust essential A security breach of the payment service after the launch on July 1 exposed user data. The retailer has decided to discontinue the service at the end of September. Following this incident, we expect new initiatives, particularly those that use technology, to be rolled-out more cautiou...
23 July 2019
Rapid launch of convenience chain into Mumbai. Looking to tap into potential gaps in the grocery retail sector Earlier in March, we reported on the master franchise agreement between the Future Group and 7-Eleven, paving the way for 7-Eleven stores to begin operations in India. This was quickly followed up with the Group’s announcement of the 7-Eleven India CEO a month lat...
22 July 2019
7-Eleven is targeting millennial shoppers and coffee drinkers at its new stores in San Diego, U.S. Reaching a wider customer base A new 7-Eleven store  has opened on 4350 University Ave. in City Heights called an ‘innovative store’. It is 325 sq m and aims to reach a broader customer base. Delivery service via the 7Now app is available, and the carries a wider range of products compared to ...
22 July 2019
Philippine Seven Corp (PSC), the exclusive local licensee of 7-Eleven convenient stores, plans to open 300 new stores in 2019. Will hit 3,000 stores by end of 2019 The retailer continues to expand its franchise operations. The 300 new store openings will bring the total store count to 3,000 by end of 2019, on track with its plan announced in 2018 . A third of these 300 stores will be i...