Investors are calling for 7-Eleven to be spun off from the parent company.
https://csnews.com/investor-renews-call ... n-7-eleven
7-Eleven Could Be Spun Off From Its Parent Company
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Re: 7-Eleven Could Be Spun Off From Its Parent Company
Activist investors almost never have the company's best interest at heart. Seven & i Holdings was the one that bailed Southland out in the first place with a 70% holding. If they retained 70% of the spun-off company it would essentially revert the corporate structure as it was from 1991 to 2005.
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Re: 7-Eleven Could Be Spun Off From Its Parent Company
They should separate the US 7-Eleven from the rest of it, and separate Speedway (and other corporate operated US sites-rebrand all as Speedway that are corporate operated sites) from that.
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Re: 7-Eleven Could Be Spun Off From Its Parent Company
Probably a full de-merger with Speedway might be what the company needs. Probably trade some stores, too. Stripes isn't quite gone away yet, and I imagine there's still some contention over what to do with the last Bryan store and what would be the largest 7-Eleven if it was branded as such.storewanderer wrote: ↑January 22nd, 2023, 9:21 pm They should separate the US 7-Eleven from the rest of it, and separate Speedway (and other corporate operated US sites-rebrand all as Speedway that are corporate operated sites) from that.
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Re: 7-Eleven Could Be Spun Off From Its Parent Company
EG Group (Cumberland Farms, Turkey Hill)may also be selling part or all of its US stores…. More than likely to attempt to merge with Couche-Tard/Circle K, which was proposed several months ago.
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Re: 7-Eleven Could Be Spun Off From Its Parent Company
Perhaps Seven & I is doing this to prepare for the possibility that the Kroger/Albertsons merger fails. They could kick the tires at Albertsons.
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Re: 7-Eleven Could Be Spun Off From Its Parent Company
The interesting thing about that is they would leave all of the current management in place and do literally nothing to improve anything.retailfanmitchell019 wrote: ↑January 23rd, 2023, 6:50 pm Perhaps Seven & I is doing this to prepare for the possibility that the Kroger/Albertsons merger fails. They could kick the tires at Albertsons.
That has not worked out particularly well for US 7-Eleven.
I don't see them touching Albertsons.
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Re: 7-Eleven Could Be Spun Off From Its Parent Company
The problem with 7-11, at least in the US, is its franchise network, which leads to store inconsistencies-too many single store operators.