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Seven & i to focus exclusively on its convenience-store business

7-Eleven parent completes a $5.5B divestiture to focus on convenience retail as North American sales improve and CEO search commences
Seven & i targets fiscal 2026 as first full year as convenience-store leader
Seven & i targets fiscal 2026 as first full year as convenience-store leader. | Shutterstock

Seven & i Holdings Co. Ltd.—parent of 7-Eleven convenience stores—told investors Jan. 8 that fiscal 2026 will mark its first full year operating as a pure convenience-store group.

The Tokyo-based company completed the sale of its York Holdings Co. Ltd. supermarket and specialty retail business to Bain Capital for more than $5.5 billion in September, allowing the company to focus exclusively on convenience stores.

“Challenges remain, but our direction is clear,” the global convenience-store retailer’s CFO Yoshimichi Maruyama said during the company’s earnings call, according to a transcript from financial services site AlphaSense.

He said initiatives to address those challenges are progressing steadily.

Maruyama said 7-Eleven Inc. faced a difficult consumer environment entering the fourth quarter, citing the impact of the government showdown last fall.

“The shutdown created uncertainty and temporarily halted payment of certain government benefits and, in some cases, government employee pay,” he said.

Despite the disruption, Maruyama said same-store sales recovered and in December were positive on a year-over-year basis for the month, reflecting improving trends that began in the third quarter.

During the question-and-answer session of the call, executives were asked about leadership and strategic direction following the retirement of Joe DePinto, who stepped down as CEO of 7-Eleven Inc. at the end of 2025.

The company said it is considering both internal and external candidates and is seeking a leader “who will engage the entire group and accelerate our transformation, unlocking tremendous value in the process.”

  • 7-Eleven is No. 1 on CSP’s 2025 Top 202 ranking of U.S. c-store chains by store count.

7-Eleven—known for its Slurpee, Big Bite and Big Gulp brands—operates, franchises or licenses more than 13,000 stores in the United States and Canada. In addition to 7-Eleven, the company operates and franchises Speedway and Stripes c-stores and the Laredo Taco Company, and Raise the Roost Chicken and Biscuits restaurant brands.

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