Seven & I Holdings Co.
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| Type | Public KK (TYO: 3382) |
|---|---|
| Founded | 2005 (from merger) |
| Headquarters |  Chiyoda, Tokyo, Japan |
| Key people | Toshifumi Suzuki, Chairman & CEO |
| Industry | Retail |
| Services | Department stores, Superstores, Supermarkets, Convenience stores, Restaurants, Financial services |
| Revenue | ▲ ¥ 5,752,392 million JPY (FY 2007) |
| Net income | ▲ ¥ 133,419 million JPY (FY 2007) |
| Employees | 55,815 (full-time; 2007) |
| Website | www.7andi.com |
Seven & I Holdings Co., Ltd. (株式会社セブン&アイ・ホールディングス Kabushiki-gaisha Sebun & Ai Hōrudingusu, TYO: 3382) is a diversified retail group headquartered in Chiyoda, Tokyo, Japan.[1] Founded originally in 1920 as Ito-Yokado, Seven & I is now the fifth largest retailer in the world[2], with 35,000 stores in approximately 100 countries.
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[edit] History
Seven & I Holdings was established on September 1, 2005 as the parent company of the 7-Eleven Japan chain of convenience stores, the Ito-Yokado grocery and clothing stores, and the Denny's Japan family restaurants. In November, it completed the purchase of US-based 7-Eleven Inc.
On December 26, 2005, the company announced its acquisition of Millennium Retailing holding company, parent of the Sogo and Seibu Department Stores chains. The acquisition makes Seven & I Holdings the largest distribution and retailing business in Japan.
On August 11, 2006, Seven & I purchased Lombard, Illinois-based White Hen.
In July 2007, the group announced the enlargement of their American chain 7-Eleven. They proposed an additional 1000 stores in a $2.4 billion plan that would see their US operation grow to over 7,000 stores. The target was set to achieve $10 billion in sales in the US by 2010.[citation needed]
[edit] Subsidiaries
[edit] References
- ^ "Office Map." Seven & i Holdings. Retrieved on January 13, 2009.
- ^ “Planet Retail reveals latest retailer rankings”, Planet Retail, 28 July 2008.
[edit] External links
- Seven & I Holdings Annual Report 2008 PDF
- Seven & I Holdings Corporate Outline 2008 PDF
- (English) Seven & I Holdings Co., Ltd.
- Seven & I Major Subsidiaries and Affiliates
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