Seven & i drops the curtain in Israel

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After only 18 months of selling in Israel, the world’s 4th largest food retailer by sales, Seven & i Holdings (sales 2023: US$127 billion, down by 2.9%) confirmed closure on November 12. According to a Japanese news agency Jiji, the company has closed eight 7/Eleven convenience stores, managed via a franchising agreement by local operator Electra Consumer Products. This decision happens in context of geopolitical tensions following the conflict with Palestine. According to the Japanese credit a

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