7-Eleven Taps American Executive to Help Keep It Out of Canadian Hands
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7-Eleven Taps American Executive to Help Keep It Out of Canadian Hands

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Fighting off a takeover by a Canadian rival, the Japanese parent company of 7-Eleven announced a major business shake-up that included the appointment of its first foreign-born chief executive. Seven & i Holdings said on Thursday that Stephen Dacus, 64, a member of…

7-Eleven closing nearly 450 underperforming stores
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7-Eleven closing nearly 450 underperforming stores

Nearly 450 7-Eleven stores across North America are closing for underperforming, according to the company. Seven & I Holdings, 7-Eleven’s Japan-based parent company, announced in an earnings report Thursday that 444 7-Eleven stores are closing because of a dip in sales, particularly cigarette sales, as well as decreased traffic and…