7-Eleven tutup 1,000 premis. Buang 3,000 staf. Waktu operasi bukan lagi 24 jam

R2D2

7-Eleven shuts 1,000 Japanese stores, cuts 3,000 jobs
Bloomberg -
October 10, 2019 5:33 PM

TOKYO: Seven & i Holdings Co said it will close 1,000 unprofitable 7-Elevens and eliminate 3,000 jobs from its other units as the Japanese retailer continues its structural reform and cuts back on 24-hour operations.

The convenience chain said it will implement new policies for its franchisees, such as reducing monthly fees.

Additionally, it will close five Seibu and Sogo department stores, and is considering shuttering 33 Ito-Yokado general-merchandise shops.

The company’s 7-Eleven Japan business will take a 10 billion yen charge due to the new incentives for the franchisees, Chief Executive Officer Ryuichi Isaka said while announcing the company’s second-quarter results.

Seven & i said a new mid-term plan will be announced next April.

Seven & i, the largest convenience store operator in Japan, has been pressured in a saturated domestic market, where growth has been limited to taking share from competitors.

It’s also been under fire in the past year for enforcing a 24-hour operation on its franchisees amid a labour crunch in Japan. It is now testing stores with reduced hours.

The staff reductions will apply to Ito-Yokado, where 1,700 positions will be cut, and Sogo and Seibu, which will see 1,300 job losses.

Those stores have dragged on the company’s more profitable convenience store operation.

Although known for its 7-Elevens that dot Japan and the globe, the company’s other operations span multiple business areas, from Denny’s Japan restaurants to its own bank.

JP Morgan analyst Dairo Murata said the news will likely be taken negatively, as the 7-Eleven charge was a surprise. But in the long run, it could bear some fruit.

“They’ll have their new mid-term plan announcement next April, so this structural reform is probably an effort to be able to grow earnings for that period,” he said.

While Seven & i said it is examining the impact of the measures on earnings, it kept its operating profit forecast for the current fiscal year the same at 420 billion yen, in line with estimates.

The company said it will “promptly make an announcement should there be any impact on financial results”.

Seven & i shares rose 1.4% on Thursday ahead of the earnings release. The stock has been recovering in the past month and a half, after tumbling more than 20% this year through August.

In recent months, Seven & i has also been embroiled in negative publicity in Japan as its digital payment system 7 Pay was hacked and money from customers taken within days of launch in July.

The company shut down the service last month.

The company said Thursday that Isaka and two other executives will take a salary reduction for three months. Additionally, the executive in charge of the payment system will retire.

shernazz

Cait
Ingatkan kat mesia
Takajut akuu

Lagubestbest

MissVixen

Kenapa 7e malaysia mahal sangat? 7e tempat lain takde beza sangat dengan kedai biasa

misuke

shernazz replied at 10-10-2019 11:28 PM
Cait
Ingatkan kat mesia
Takajut akuu

rasanya yg kt mesia pn dh kena standby... banyak 7e sendu ja ni

MissCarcosa9753

Oooo susah lah xda 7e ni

sukacactus

Kat sana convenience store bersepah
Jalan skit ada 7e, jalan skit lg ada family mart, jalan lg ada lawson
Byk saingan...tu blum kira vending machine lg

Boomibulat

MissVixen replied at 11-10-2019 01:28 AM
Kenapa 7e malaysia mahal sangat? 7e tempat lain takde beza sangat dengan kedai biasa

7e naik harga sesuka hati je..

takayama

7E kat area sini pun dah ada yg tutup awal tahun hr tu, x dpt nk bersaing dgn speedmart dan double four

kekekek

7E kat Malaysia ni, mostly org  pergi after 10 pm jer, bila semua kedai dah tutup.
Harga barang mahal dari kedai biasa..no point.

jalfa

Biasa store 24 jam mmg rega boleh mahal sikit kan..adik aku dulu lepas abis blajar ada kejap keja seven e..dia jual topop ngan rookok sehari pon dan ribu ribu..belum campur arak ngan kondom lg

ennai83

family mart lg besh

LostStar

kenapa 7e malaysia tak sama dengan 7e thailand.. sendu btl.. udahla mahal.. krik2 rasa..

danieladam

7E indon pon lama dah bungkus kan?

fushimi

depan umah iols dah selamat bungkus start bulan ni

lain kali kalau nak bersaing jual harga jangan yahudi

dulu ko jual mahal orang beli sebab no pilihan

sekarang kat sebelah ko ada kk mart pastu family mart

terus 7e di who ar  yus kan ummah kawasan meols

shernazz

misuke replied at 11-10-2019 08:18 AM
rasanya yg kt mesia pn dh kena standby... banyak 7e sendu ja ni

Maybe tengok tempar juga kot sis..
Tempat iols meriah btol 7e dengan orang luar negara...depa suka beli mcm.mcm utk makan tengah malam...slalu nampak

TabletSusu

selalunya masuk 7e  tgh mlm, sbb nak beli roti jumbo. ermmm rsnya itu je kot beli kat 7e

ctaf

Selalu terkena beli barang expired kat 7E.kena selalu check expiry date kalau beli barang kat situ

minguk

7e mahal sangat la.. orang pergi pun beli rokok hahaha

Denco

7e msia la paling senduuuu banding 7e negara2 lain
skrg dh ada family mart merata , tunggu masa je la