Seven & I considers early sale of Ito-Yokado in Japan
Founded in 1920, Ito-Yokado has long been a staple in Japan’s retail landscape, known for its large-scale supermarkets offering a wide range of products from groceries to apparel. However, in recent years, the chain has struggled to maintain its competitive edge against emerging rivals and changing consumer preferences. Analysts suggest that the decline in foot traffic and an increasing shift toward online shopping have exacerbated these challenges, prompting Seven & I to rethink its strategic direction.