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Uniqlo, 7-Eleven owners seek overseas growth amid weak consumption in Japan

Bloomberg
Bloomberg • 2 min read
Uniqlo, 7-Eleven owners seek overseas growth amid weak consumption in Japan
Earnings from Japan’s Fast Retailing and Seven & i Holdings should show how retailers are chasing growth overseas to make up for a lagging local consumer sector. Photo: Bloomberg
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Earnings from Japan’s Fast Retailing and Seven & i Holdings should show how retailers are chasing growth overseas to make up for a lagging local consumer sector.

7-Eleven operator Seven & i’s operating income may disappoint on weak consumer sentiment. The report will be overshadowed by the US$38.7 billion ($50.19 billion) takeover approach by Alimentation Couche-Tard, which may spark a restructuring of Seven & i’s businesses, including listing of subsidiaries or asset sales.

The company is exploring the sale of part of its stake in Seven Bank, people with knowledge of the matter said. 

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