Seven & I Holdings Co.

**Seven & i Holdings Co., Ltd.** (株式会社セブン&アイ・ホールディングス, *Kabushiki gaisha Sebun ando Ai Hōrudingusu*, Seven-i (セブンアイ)) is a Japanese diversified retail group headquartered in Nibancho, Chiyoda, Tokyo, Japan. Seven & I was founded in 1920 as Ito-Yokado, and was the fifteenth largest retailer in the world as of 2018.

## History

Seven & i Holdings was established on September 1, 2005 as the parent company of the 7-Eleven Japan chain of convenience stores, the Ito-Yokado grocery and clothing stores, and the Denny's Japan family restaurants.

On December 26, 2005, the company announced its acquisition of Millennium Retailing holding company, parent of the Sogo and Seibu Department Stores chains. The acquisition makes Seven & i Holdings the largest distribution and retailing business in Japan.

On August 11, 2006, Seven & I purchased Lombard, Illinois-based White Hen.

On June 11, 2012, Seven & I, through its 7-Eleven, Inc. subsidiary, acquired 23 convenience stores in the US from Strasburger Enterprises, Inc.

On December 4, 2013, Seven & I purchased 44.99% ownership of Barneys Japan Co., Ltd. from "a fund operated by Tokio Marine Capital". Barneys Japan "has a network of 10 stores in Japan, including five outlet stores" and, "for the year ending February 2013, Barneys Japan posted sales of ¥19.52 billion." After this transaction, Sumitomo Corporation will continue to retain a majority stake of 50.01% in Barneys Japan Co., Ltd.

On January 29, 2014, Seven & I, through its subsidiary Seven & i Net Media, acquired 50.71% of Nissen Holdings, which is engaged in the mail order sale of clothing and daily necessities, the retail and wholesale of gift products through stores, catalogs, Internet and mobiles. Also, Nissen is involved in the life insurance, casualty insurance agency, credit card and money lending business.

On April 6, 2017 Seven & I announced they would be acquiring 1110 convenience stores from American gas company Sunoco for $3.3 billion, as well as that they would be supplied 2.2 billion gallons of fuel annually from Sunoco for 15 years. Sunoco said they would be selling 200 more stores to Seven & I in Q4, 2017.

The current President of Seven & i Holdings, Ryuichi Isaka, was appointed to that position on May 26, 2016, replacing Noritoshi Murata, who resigned his position along with Chief Executive and Chairman Toshifumi Suzuki in April 2016, after activist investor Daniel Loeb, who owns an undisclosed stake in Seven & I through his investment company Third Point, raised concerns about rumours that Suzuki was grooming his son, Yasuhiro Suzuki, as his successor.

In July 2019, 7-Eleven launched then almost immediately suspended a mobile payment service, 7pay. The service was hacked upon launch, and attackers were able to spend money from affected customers' accounts. The service was announced to be entirely cancelled following a review of the infrastructure it ran on.

In December 2019, Seven & I announced they were purchasing dollar store chain Dollar General for $26 billion. The deal closed in May 2020.

On August 2, 2020, Seven & I announced they were purchasing convenience store competitor Speedway LLC from Marathon Petroleum for $21 billion. The deal is expected to close in early 2021. This was followed up with a company-wide restructuring.

## Subsidiaries & Assets

### "The 7"

The 7 is a term that largely based on the name of the company, referencing its 7 major subsidiaries that make up the bulk of the company.

* **7-Eleven Global** (d/b/a 7-Eleven)
	+ 7-Eleven Australia (based in Australia)
	+ 7-Eleven Japan (based in Japan)
	+ SEJ Finance and SEJ Service holding companies (based in Delaware)
	+ Southland Corporation (7&i's (as well as 7-Eleven's) US operations holding company)
		- Speedway LLC staring the first quarter of 2021.
* **7&i ENERGY**
	+ Lake Charles LNG
	+ Sunoco
* **7&i FINANCIAL**
	+ 7Card
	+ 7Pay
	+ Seven Bank
* **7&i FOOD SYSTEMS**
	+ Carl's Jr.
	+ Denny's
	+ Hardee's
	+ Famille
	+ Laredo Taco Company
	+ Poppo
	+ Raise to Roost
* **7&i HOTEL SYSTEMS**
	+ Deutsche Hospitality
		- IntercityHotel
		- Jaz in the City
		- MAXX by Steigenberger
		- Steigenberger Hotels & Resorts
		- Zleep Hotels
	+ Huazhu Hotels
		- Hanting Inns and Hotels
		- Hanting Express
		- Hi Inn
		- JI Hotel
		- Joya Hotel
		- Manxin Hotels and Resorts
		- Starway Hotel
	+ Jinjiang Hotels
		- 7 Days Inn
		- Bestay
		- Goldmet Inn
		- Jin Jiang Hotels
		- Jinjiang Inns
		- Metropolo Hotels
		- Vienna Hotels
	+ Langham Hospitality Group
		- Cordis
		- Langham Hotels & Resorts
	+ Louvre Hotels
		- 7 Days Premium
		- Campanile
		- Golden Tulip
		- Hôtels & Préférence
		- Kyriad
		- Kyriad Direct
		- Première Classe
		- Royal Tulip
		- Sarovar Hotels & Resorts
		- TemptingPlaces by Hôtels & Préférence
		- Tulip Inn
		- Tulip Residences
	+ Radisson Hospitality
		- art'otel
		- Country Inn & Suites
		- Park Inn
		- Park Plaza
		- prizeotel
		- Radisson
		- Radisson BLU
		- Radisson Individuals
		- Radisson RED
	+ Rosewood Hotel Group
		- KHOS
		- New World Hotels & Resorts
		- pentahotels
		- Rosewood Hotels & Resorts
* **7&i NET MEDIA**
	+ Nissen Holdings
	+ Omni7
	+ sevendream.com
* **7&i RETAIL**
	+ Akachan Honpo
	+ AutoZone
	+ Barneys New York Japan
	+ Dollar General
		- DGX
	+ Dollar General Market
	+ Ito-Yokado
	+ Loft
	+ Oshman's Japan
	+ Sogo & Seibu
	+ Tower Records Japan
	+ York
	+ York-Benimaru

### Other Assets

* 7Air (airline holding company)
	+ Pan American World Airways
	+ Trans World Airways
* Metromedia (media holding company; 92.6%)
* Reddy Ice (packaged ice manufacturer)
* Transamerica (life insurance, financial services, retirement plans)

### Private Labels

* Seven Café
* Seven Premium (used across all stores)
	+ Seven Premium
	+ Seven Premium Fresh
	+ Seven Premium Gold
	+ Seven Premium Lifestyle

## see also

*7-Eleven Global:* 7ᴇʟᴇᴠᴇn
*7&i ENERGY:* Lake Charles LNG | Sunoco
*7&i FINANCIAL:* 7CARD | 7PAY | 7BANK

**DEUTSCHE HOSPITALITY**

**Huazhu Hotels Group**

**Rewards Program:**

*7&i NET MEDIA:* Nissen Holdings | Omni7 | sevendream.com
Template:7&i Retail

**Other Assets**:
7Air: Pan Am | TWA
Reddy Ice | Transamerica
Template:Metromedia