7-Eleven owner facing challenges from US tariffs, plans cost-cutting measures

From Yahoo Finance: 2025-04-25 00:33:00

Seven & I Holdings, owner of 7-Eleven, braces for challenges amid U.S. tariffs impacting supply chain and costs. Incoming CEO anticipates tough retail environment as U.S. consumer sentiment deteriorates. Biggest impact of tariffs expected on consumer behavior, prompting tighter cost control on supply chain. Revenue from North America crucial for company’s sales. Company plans IPO for North American subsidiary in 2026 for store investments. Company taking measures to boost corporate value, including share buyback program and selling off superstore unit. Engagement with Canadian suitor ongoing, but gaining U.S. antitrust approval may be difficult. CEO appointment unrelated to takeover offer. Shares trading below offer price, casting doubt on deal.

Read more: 7-Eleven owner says it will need to cut costs as US tariffs hit consumer confidence