Seven & I to embrace 7-Eleven name as it sheds noncore businesses
[ad_1] Seven & I Holdings has detailed plans to rename itself and shed dozens of noncore businesses, accelerating restructuring efforts as it tries to fend off a buyout proposal from Alimentation Couche-Tard.The Japanese retailer, which said its new tentative name will be 7-Eleven Corp., also cut its operating profit outlook for the 12 months through the end of February to ¥403 billion ($2.7 billion) on weaker sales at convenience stores […]