Seven & i drops the curtain in Israel

Featured image of the article Seven & i drops the curtain in Israel

An article by Morgane Monteiro

Publication

14 November 2024 à 17h36

Updated on 18 November 2024 à 15h05

Reading time

2 minutes

Publication: 14 November 2024 à 17h36, Updated on 18 November 2024 à 15h05

Reading time: 2 minutes

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An article by Morgane Monteiro

Publication

14 November 2024 à 17h36

Updated on 18 November 2024 à 15h05

Reading time

2 minutes

Publication: 14 November 2024 à 17h36, Updated on 18 November 2024 à 15h05

Reading time: 2 minutes

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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...

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Article authors
Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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