Seven-Eleven Japan to Add 1,000 Stores in Five Years... New Cooking Facilities for 5,000 Locations

Promotional photo of Japan's Seven-Eleven.

Japan's Seven-Eleven, the world's largest convenience store chain, has announced an aggressive investment plan to add more than 1,000 stores in North America and Japan within five years.

Seven & i Holdings, the parent company of Seven-Eleven, unveiled its '2030 Mid-Term Plan' on August 6. According to the plan, the domestic convenience store business in Japan will see a net increase of approximately 1,000 stores. The net increase refers to the actual growth in the number of stores, calculated by subtracting the number of closures from the number of new openings. In addition, more than 5,000 existing stores will be equipped with new cooking facilities that allow them to sell freshly baked bread and other fresh products directly in-store.

In the North American convenience store business, the company plans to open 1,300 new stores and expand the number of hybrid locations that combine a restaurant and a convenience store by an additional 1,100 locations.

Through these plans, Seven & i expects sales to grow by 2.0%, from 94 trillion won in 2024 to 106 trillion won in 2030, and operating profit to increase by 3.9%, from 20.5 trillion won to 32 trillion won over the same period.

President Steven Heys Dakers held a press conference in Tokyo and stated, "Now is a critical time for change," adding, "Management will be completely different from the past."

Currently, Seven-Eleven operates 87,000 stores worldwide, including 23,000 stores in Japan. Previously, Seven & i Holdings had considered acquiring Circle K convenience store operator Canada ACT for more than 60 trillion won, but later withdrew the bid.

This content was produced with the assistance of AI translation services.