Struggling unit of 7-Eleven’s parent company to exit central and northern Japan
[ad_1] Ailing supermarket chain Ito-Yokado will withdraw from the Hokkaido, Tohoku and Shinetsu regions of northern and central Japan. The Seven & I Holdings unit will close five of its 17 stores in the regions and hand over 11 to other supermarket operators. Negotiations are underway for the remaining one. Employees at the stores are expected to be retained. As part of its structural reform, Ito-Yokado will focus on urban […]