Core Viewpoint - Alimentation Couche-Tard has withdrawn its $45.8 billion bid for Seven & i Holdings, the owner of 7-Eleven, due to a lack of constructive engagement from Seven & i's management, raising questions about Seven & i's future as a potential takeover target if its business turnaround fails [2][4][5]. Group 1: Bid Withdrawal and Reactions - Couche-Tard's bid was intended to be the largest foreign takeover of a Japanese company, but ended in conflict, with Couche-Tard accusing Seven & i's board of obfuscation and delay [3][5]. - Following the withdrawal, Seven & i's shares have decreased by approximately 13% and are down about 20% year-to-date, indicating investor skepticism about the company's turnaround efforts [4][12]. - Couche-Tard's leadership expressed disappointment over the lack of engagement from Seven & i, claiming that important information was missing from discussions [6][7]. Group 2: Seven & i's Business Strategy - Seven & i is currently undergoing significant business reforms, including a $5.4 billion divestiture of some retail operations, which is expected to close in September [7][8]. - The company is also implementing a share buyback program worth approximately $13.5 million, although this has not yet positively impacted its stock price [8]. - Despite recent challenges, Seven & i's operating profits for March to May rose by 9.7% year-on-year to $438 million, although this was noted as the second-lowest quarterly result in the past decade [11]. Group 3: Future Implications - Couche-Tard's public comments may attract other potential bidders or activist investors, as Seven & i's underperforming share price makes it a prime candidate for acquisition [12]. - Historical context shows that Seven & i has previously reformed under external pressure, suggesting that continued investor scrutiny could lead to further changes in management or strategy [9][10].

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

The Japanese owner of the 7-Eleven convenience stores is now under pressure to show it can do it alone: Here is your Evening Briefing. https://t.co/j4vnLuUgjz ...

Doubts emerge over Seven & i’s planned listing of its North American convenience store unit after Couche-Tard abandons $46 billion takeover bid https://t.co/y1cb4zaoIE ...

Couche-Tard has abandoned its $46 billion bid for Seven & i, @GearoidReidy writes, and revealed how unprepared it was to take on Japan’s convenience store leader (via @opinion) https://t.co/OpXcGzwF1t ...

A 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kawasaki, Japan, on Monday, Aug. 19, 2024.Trading in Seven & i was halted Thursday after Canada's Alimentation Couche-Tard withdrew its $47 billion bid to acquire the Japanese company.Convenience store operator Couche-Tard announced Wednesday that it was pulling its takeover bid for Japan's Seven & i Holdings, saying there was a "persistent lack of good faith engagement.""There has been no sincere or constructive engagement from 7&i that w ...

Issues Letter to the Board of Directors of Seven & i Holdings Co., Ltd.LAVAL, QC, July 16, 2025 /PRNewswire/ - Alimentation Couche-Tard ("Couche-Tard" or the "Corporation") (TSX: ATD) announced today that it has withdrawn its proposal to acquire Seven & i Holdings Co., Ltd. ("Seven & i") due to a lack of constructive engagement by Seven & i. Couche-Tard sent the following letter to the Board of Directors:July 16, 2025Board of DirectorsSeven & i Holdings Co., Ltd.8-8, Nibancho, Chiyoda-ku, Tokyo 102-8452, Ja ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Core Insights - ARKO Corp. has opened its first food-focused remodeled store in Ashland, Virginia, featuring its new food brand, fas craves, aimed at enhancing the convenience store experience [1][4][6] Group 1: Store Launch and Concept - The Ashland location is part of a pilot program that includes eight sites, with six remodels and two new builds, focusing on a menu of hot and cold grab-n-go items [2] - The fas craves menu includes a variety of offerings such as crispy chicken biscuits, potato wedges, mozzarella sticks, and various beverages like nitro cold brew and frozen coffee [3] Group 2: Customer Experience and Design - The remodeled store features a customer-friendly layout, digital menu boards, and a contemporary design, all aimed at improving the shopping experience [4] - The store's product assortment is shaped by customer feedback, ensuring it meets the needs of today's on-the-go consumers [4] Group 3: Promotions and Future Plans - To celebrate the opening, special food deals are offered, including Ultimate Chicken Tenders and discounted drinks [5] - The fas craves brand will continue to expand alongside store remodels across ARKO's network, bringing new food options to a wider customer base [6]

作 者丨唐唯珂 编 辑丨黄剑 6月18日，中国连锁经营协会（CCFA）发布"2024年中国连锁Top100"。 据CCFA数据，中国连锁百强企业2024年整体销售规模为2.13万亿元，门店总数25.72万个，分 别比2023年增长4.9%和13.5%。 沃尔玛（中国）、居然智家新零售、苏宁易购、高鑫零售（大润发）、盒马（中 国）、永辉超市、物美科技、王府井、美宜佳等企业稳居龙头阵营，其中沃尔玛 （中国）以1 5 8 8 . 4 5亿元销售额蝉联榜首。 从 榜 单 更 迭 看 ， 万 辰 生 物 、 良 品 铺 子 、 西 亚 和 美 、 绝 味 食 品 、 贵 州 合 力 5 家 企 业 新晋入榜；湖南鸣鸣很忙首次跻身前十，销售额突破5 5 0亿元。规模层级方面， 销售额超3 0 0亿元的企业数量从2 0 2 3年的2 1家增至2 4家。 对比2022年、2023年榜单，哈尔滨中央红、兴盛社区、人人乐等企业因排名持续下滑，于 2024年退出TOP100。其中，人人乐因连续业绩亏损，于2025年6月5日发布公告称终止股票上 市。 综合零售增长压力大 在2024年连锁Top100企业中，综合零售46家，超市23家 ...