7-Eleven Convenience Store

7-Eleven is a global convenience store chain founded in 1927 in the United States as the Southland Ice Company. It was rebranded to 7-Eleven in 1946, reflecting its extended operating hours. The brand has expanded worldwide, with over 85,000 stores across 19 countries. In 2005, 7-Eleven became a wholly owned subsidiary of Seven & I Holdings Co., Ltd., a Japanese retail holding company. In 2025, Stephen Hayes Dacus was appointed as the first foreign CEO of Seven & I Holdings, signaling a strategic shift to enhance operational efficiency and regionalize store offerings. This move was part of a broader restructuring plan to fend off a $47 billion takeover bid from Alimentation Couche-Tard, which was withdrawn in July 2025 due to unproductive negotiations. The restructuring also included plans to list the North American convenience store business by 2026, aiming to unlock shareholder value and strengthen the company's position in the global market.