Ito-Yokado to close 33 Stores, including iconic Tsudanuma location
Numerous post-it notes, each detailing personal memories and fondness for the store, underscored its impact on the local community.
Seven & I Holdings
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Closure of iconic Tsudanuma Store Marks End of an Era
The closure of the Tsudanuma store marks the end of a significant chapter for Ito-Yokado.
Nikkei stock average dips as yen strengthens ahead of US jobs data
A stronger yen typically undermines exporter shares by reducing the value of overseas profits when converted back to yen. At market close, the yen was trading at approximately 145.74 per dollar, having peaked at 144.945 earlier in the day.
Alimentation Couche-Tard confirms acquisition bid for Japan’s Seven & i Holdings
Seven & i Holdings has formed a special committee of outside directors to thoroughly evaluate the acquisition proposal from Alimentation Couche-Tard. The committee will compare the offer with other strategic options, emphasizing the company’s commitment to enhancing value for its stakeholders.
Canadian convenience giant Alimentation Couche-Tard makes acquisition proposal to Seven & I Holdings
The nature of the proposal is non-binding, with specific details regarding the investment ratio and share acquisition methods remaining undisclosed.