Falling earnings put pressure on Seven & i to engage with Couche-Tard’s $47-billion takeover offer

Source: xyzzy_foo

2 Comments

  1. iamtayareyoutaytoo on

    All of our Mac’s and Winks stores rebranded as circle k’s a few years ago and everything went downhill very quickly. Now they are ghost towns staying afloat by selling job offers under the table for 40 to 80k a pop. Will they do the same to 7-11?

  2. [Lawson and FamilyMart post higher first-half profits – The Japan Times](https://www.japantimes.co.jp/business/2024/10/12/companies/lawson-familymart-profits/)

    While major convenience stores in Japan, LAWSON and FamilyMart, saw profits rise, only Couche-Tard’s acquisition target, 7-Eleven, saw a significant drop in profits, making it clear that not only their North American business, but their Japanese business, was in serious trouble.

    This is because of their monstrous shrinkflation strategy, which has been detected by consumers, who have grown increasingly averse to 7-Eleven’s pricey and fraudulent offerings. It’s all their fault.

    The game is clearly tilted in Couche-Tard’s favor.

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