7-Eleven's turnaround plan requires heavy lifting to stop Couche-Tard's $47 billion takeover

Rival Aeon has rolled out more than 1,100 of its My Basket stores, focusing on urban areas where there is demand for the format from single and elderly shoppers. Aeon has said it wants to double the number of My Basket stores.

In central Tokyo, I can say My Basket hits that sweet spot between conbini and supermarket for urban residents.

But can 7-11 restructure itself quickly enough to ward off this takeover bid?

It maybe its next owner implementing this strategy.

The only thing I want to see changed at 7/11 (or any Japanese convenience store) is the sandwiches.

Can we please have proper sandwiches, with brown bread and crusts, and ample filling, unlike the rubbish Japanese sandwiches?

7 Eleven is just going back home, no worries.

7 Eleven can make lots money in Japan if it only adjusts and evolve to what gen X needs and it is not Beer and Soggy Sandwiches.

In Japan, 7-Eleven stores have become a cultural touchstone

ROFL...Panicking much? It was American to begin with!

You can buy pretty much everything most conbini’s sell at My Basket for less, I’m happy to know of their expansion. I use 711 and other conbini’s for their 24/7 access and locations, but while I see more self check out kiosks at family mart and lawson, I rarely see them at 711’s, which makes no sense because their cash register is basically selecting the method of payment and either inserting cash or tapping the card. What’s the point of having a cashier..?

I rarely see them at 711’s, which makes no sense because their cash register is basically selecting the method of payment and either inserting cash or tapping the card. What’s the point of having a cashier..?

Yep, go into 711 and you have to do all the work while the muppet behind the till stands about like a third wheel.

I like to take my time going real slow and make them squirm.

@syniksan

Isn’t it confusing when the register is touchscreen and facing the customer..? All I really need is a barcode scanner since even cash payment will process the change itself. Maybe asking for the plastic bag part? But I always have my bag with me! X D

In Japan, 7-Eleven stores have become a cultural touchstone

Yeah, who needs temples, shrines, castles, anime, manga, ukiyo-e, kimonos, martial arts, tea, ... when you can have a shop? Which sells a limited and in some cases inferior selection of stuff available in other shops.

I like to take my time going real slow and make them squirm.   

I'm with you. I had one of those muppets tell me to hurry up and insert all my notes at once. I said I'm already doing your job for you and neither getting paid nor getting a discount. There was nothing the muppet could do but wait!

  said I'm already doing your job for you and neither getting paid nor getting a discount. There was nothing the muppet could do but wait!

They are 89 percent of the way to total automation but as long as they can use some staff on non living wages they are going with that.

Sorry for being noob, but isn’t 7&i the one who need to decide if they will sell or not? What are they trying to stop? I don’t understand.

Basically, the company's managers are admitting to the company's owners that they've been doing a pathetic job.

We have 7/11, for some of the elder local residients and young kinder Kids the staff and other customers may be their all important mental health interaction for the day. as for sandwiches... how did mayo get into all of them, US past? it is late, but I just done non -mayo72++++ hr shift, It is a corporate decision, not for street folks?

Stop this bad business..

Can we please have proper sandwiches, with brown bread and crusts, and ample filling, unlike the rubbish Japanese sandwiches?

Stop asking stupid things like a kid..

This is Japan, don't like Japan sandwiches??..

You can eat sandwiches in your own country..

Bon Voyage.. LOL

Yikes, all these great plans for change was just collecting dust all these years? Maybe 7-11 has it really good in japan, non innovative slow pace but profitable as to be eyed for a take over.

"7-Eleven's parent company Seven & I Holdings, based in Japan, said in its earnings report that the North American economy experienced persistent inflation, high interest rates and a "deteriorating employment environment.""

There are a lot of problems caused by the skyrocketed inflation/prices caused by Biden/Harris/Democrat economic and energy policies the last four years.

Stop this bad business..

Their business, their choice LOOOOOL