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SEVEN & I HOLDINGS

Couche-Tard not giving up on bid to acquire 7-Eleven owner

by Mark McDuffie
Couche-Tard not giving up on bid to acquire 7-Eleven owner

Canadian convenience store and fuel retailer Alimentation Couche-Tard remains committed to snapping up Japanese rival Seven & I Holdings despite a new management buyout proposal valued at about $59 billion. …

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Ito-Yokado closes store that inspired ‘Crayon Shin-chan’ supermarket

by Mark McDuffie
Ito-Yokado closes store that inspired ‘Crayon Shin-chan’ supermarket

Kasukabe, Saitama Pref. – Supermarket chain Ito-Yokado on Sunday closed its store in Kasukabe, Saitama Prefecture, that was known as the model for the “Sato-Kokonokado” store that appears in the …

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Nikkei falls on yen’s gain, while Seven & I surges

by Mark McDuffie
Nikkei falls on yen’s gain, while Seven & I surges

The 225-issue Nikkei average fell on Monday, extending losses as the yen strengthened against the dollar, while retailer Seven & I Holdings surged 23% as it received a takeover bid. …

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Sogo & Seibu labor union begins strike at flagship Ikebukuro store

by Mark McDuffie
Sogo & Seibu labor union begins strike at flagship Ikebukuro store

Sogo & Seibu was cornered into closing its flagship Ikebukuro department store in Tokyo on Thursday, as its labor union launched a rare strike to express discontent over the planned …

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