Some stores are rounding transactions to the nearest nickel and encouraging customers to pay with plastic, citing the Treasury Department’s decision to phase out the penny.
Category: Convenience Stores
-
Is America Ready for Japanese-Style 7-Elevens?
Stephen Dacus, head of the chain’s parent company, aims to export its success in Japan, with signature offerings like fresh prepared food.
-
Why 7-Eleven and Convenience Stores in Japan Are So Special
Convenience stores are a fixture of Japanese life, and 7-Eleven is the country’s dominant chain. They are a place to shop, pay bills and gather during disasters.
-
Canadian Retailer Couche-Tard Abandons Its $47 Billion Bid to Buy 7-Eleven
Alimentation Couche-Tard’s $47 billion bid spurred changes at the chain’s Japanese owner. Now, the question is whether that momentum will carry forward.
-
Gas Stations Like Wawa and Sheetz Keep Expanding, Spurred By EVs
As gas stations prepare for more electric vehicles to be on the road, they’re getting bigger. That has created tension in some communities.
-
How Japan Remade American Culture
Convenience stores, ice and whisky first came as U.S. imports. Then, they were reinvented.
-
7-Eleven Taps American Executive to Help Keep It Out of Canadian Hands
The Japanese owner of the chain also announced a plan to list its U.S. convenience store business as it tries to fend off a Canadian retailer’s $47 billion takeover bid.
-
7-Eleven Founding Family’s Bid to Block Foreign Takeover Collapses
The proposal worth over $50 billion by Junro Ito, the son of the founder of Seven & i Holdings, was aimed at fending off a takeover bid from Canada’s Alimentation Couche-Tard.
-
A 7-Eleven Heir’s $50 Billion Fight to Keep the Company in the Family
A battle for control of the chain shows how traditional business models embraced by family owners are clashing with a more shareholder-centric approach.
-
Despite Global Crises, Gas Prices Slide as U.S. Election Nears
Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.
-
7-Eleven Rejects Takeover Bid From Big Canadian Chain
Japan’s Seven & i Holdings, the operator of 7-Eleven, has rebuffed a buyout offer that would have been the largest foreign-led acquisition of a Japanese company.
-
7-Eleven Is a Hard Target for Couche-Tard to Land in Takeover Bid
Convenience stores are a part of the country’s culture, meaning that the foreign buyout bid for 7-Eleven, the largest chain, could be a hard sell in Japan.