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Stock impact report

7-Eleven puts 'focus on food' in US revamp with Japanese-inspired meals and upgrades [FOX News]

SEVEN & I HLDGS UNSP/ADR (SVNDY) 
NASDAQ:AMEX Investor Relations: en.wikipedia.org/wiki/seven_(1995_film)
Company Research Source: FOX News
American 7-Elevens may soon look more like their Japanese counterparts — with fresh meals and cult-favorite items that have long lured tourists to Tokyo's convenience stores. Seven & i Holdings, the parent company of 7-Eleven, is planning a major upgrade to U.S. stores, adding higher-quality prepared foods, such as Japan's beloved egg salad sandwich. "We have consistently emphasized our focus on food," the company told Fox News Digital in a statement. "In Japan, fresh food accounts for over 30% of total sales," it said, noting that the strategy helps its stores pull in about 30% more revenue per day than rivals. The company is weighing more than $13 billion in international investments over the next several years, much of it earmarked for upgrades and supplier networks to bring prepared meals to roughly 13,000 North American stores. It also plans to double U.S. store openings from 125 to more than 250 per year, adding 1,300 in the next five years. "There is significant grow Show less Read more
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