7 Eleven

Who Owns 7-Eleven?

When it comes to convenience stores, 7-Eleven stands out as a global giant, synonymous with quick, accessible shopping experiences. But have you ever wondered, “Who owns 7-Eleven?” In this blog post, we’ll uncover the ownership behind this ubiquitous brand, shedding light on its roots and the entities that control its vast network of stores.

The Origins of 7-Eleven

7-Eleven’s story began in 1927, when Joe C. Thompson Sr. founded Tote’m Stores in Dallas, Texas. The concept was simple: provide everyday essentials in a convenient, easy-to-access location. In 1946, the stores were renamed 7-Eleven to reflect their extended operating hours, from 7 a.m. to 11 p.m., which was quite a novelty at the time.

Modern Ownership

Today, 7-Eleven operates over 70,000 stores in 17 countries, making it one of the largest chains of its kind. But who exactly owns 7-Eleven now?

The majority owner of 7-Eleven is Seven & i Holdings Co., Ltd., a Japanese diversified retail group. This conglomerate acquired 7-Eleven, Inc. in 2005, solidifying its global reach and influence. Seven & i Holdings Co., Ltd. is a major player in the retail industry, owning various other brands and businesses, including Ito-Yokado, a leading supermarket chain in Japan, and Sogo & Seibu department stores.

Seven & i Holdings Co., Ltd.

Seven & i Holdings Co., Ltd. was established in 2005 as a holding company to oversee the operations of Seven-Eleven Japan and Ito-Yokado. This strategic move allowed the company to streamline its operations and focus on expanding its retail footprint both domestically and internationally. The acquisition of 7-Eleven, Inc. was a key part of this expansion, bringing the iconic convenience store brand under its umbrella.

Global Presence

Under the ownership of Seven & i Holdings Co., Ltd., 7-Eleven has continued to grow and innovate. The company has expanded its product offerings, integrated advanced technology into its operations, and entered new markets. This global presence ensures that 7-Eleven remains a dominant force in the convenience store sector, catering to millions of customers worldwide.

So, when you walk into a 7-Eleven store, you’re stepping into a business that is part of a vast international conglomerate. The ownership by Seven & i Holdings Co., Ltd. has enabled 7-Eleven to maintain its leadership position in the convenience store industry, providing customers with a reliable and diverse shopping experience.

For more insights into the ownership of other major brands, be sure to visit Who Owns and explore our extensive database of company ownership information.