CSPTV - Your Channel to Convenience. 7-Eleven says China joint venture OK'd. Convenience store king 7-Eleven Inc. said it won approval from China to develop outlets in Beijing and surrounding provinces in a move that boosts its access to China's increasingly wealthy consumers.
Dallas, Texas-based 7-Eleven, which owns or franchises 25,200 stores worldwide, said late on Monday that China's Ministry of Commerce approved a venture between Seven-Eleven Japan Co. Ltd., Beijing ShouLian Commercial Group Co. and China National Sugar & Alcohol Group Corp. The first stores are expected to open in the spring of 2004 and 7-Eleven has said that it could open as many as 500 stores in the Chinese capital. "Everyone wants a piece of the Chinese market. There's lots of players, both local and foreign," said Amelia Mehta, a Singapore-based analyst with ING Financial Markets. A spokeswoman told Reuters that President Chain was initially offered a 14 percent stake in the venture but wanted more exposure to one of the world's fastest growing retail market.
Source: agencies. Shanghai's Convenience Store Competition Heats Up. “Welcome!
Come on in,” shouts a young sales clerk, one of 15 staff working at a 7-Eleven convenience store, or "c-store. " The young man, clad in a jacket emblazoned with the chain store’s red, green and orange stripes, was sent to the 130-square-meter outlet in a business park on the outskirts of Shanghai for training in the finer details of customer service — a critical element in Taiwan-based President Chain Store Corporation’s strategy for getting a bigger foothold in China's crowded c-store market.
That particular outlet is the firm's flagship shop in Shanghai, which also serves as a training ground for staff, says Jackie Su, vice president of President Chain Store, which purchased the right to run 7-Eleven stores in the city from 7-Eleven China. “The most difficult task we face [in China] is training staff how to greet customers. This is something we do without any training in Taiwan…. Shanghai leads the way, with about 5,000 outlets serving its 20 million inhabitants. Know your Shanghai access channels.
Worldcrunch - All News is Global. 7-Eleven Case Study. Pure Convenience: Maynard Helps 7-Eleven Improve Efficiency, Reduce Costs 7-Eleven is the largest convenience store operator in the world, with approximately 24,000 stores.
The company uses Combined Distribution Centers (CDCs) to deliver the majority of the perishable products sold in its North American stores. The 23 CDCs receive, sort and deliver hundreds of products, including bakery goods, sandwiches, dairy products and produce, on a daily basis to more than 4,500 7-Eleven stores in the U.S. and Canada. 7-Eleven had a desire to improve the efficiency of the CDCs, which are a vital part of its business operations. [Translation] The smallest 7/11 in Japan. The Success Of 7-Eleven Japan. NIPPONIA. Hace ya más de setenta años que aparecieron en Estados Unidos las primeras tiendas multiservicio.
En el caso de Japón, estas aparecieron en 1969. Asimismo, en 1974 una gran cadena minorista japonesa, Ito-Yokado Co., Ltd., unió sus fuerzas con la Southland Corporation de Estados Unidos para lanzar el primer Seven-Eleven en Japón. Desde entonces, este tipo de tiendas ha continuado abriendo sus puertas al público, una tras otra, a lo largo y ancho del país. En 1980 había alrededor de 10.000 y en 1992 más de 20.000. En la actualidad, solamente el número de tiendas franquiciadas se eleva a 38.000.
No obstante, antes de que este tipo peculiar de tiendas consiguiera este fantástico éxito en Japón, debieron introducir las técnicas de gestión empresarial procedentes de Estados Unidos, así como inventar las suyas propias. La ola de aperturas de estas tiendas alcanzó su punto álgido en la segunda mitad de los ochenta; un momento de intensa competencia entre las diferentes cadenas. “7-Eleven Japan: A Technology Company With Convenience Stores” 7-Eleven Finds a Niche by Adapting to Indonesian Ways.
The nightspot has live bands, Wi-Fi and a growing clientele. It also has a familiar green-and-orange sign hanging overhead: 7-Eleven. “It’s a new concept of hanging out,” said Oka Dharmawan, 21, an engineering student who meets friends at 7-Eleven almost every night to log onto the wireless hot spot and drink Slurpees. Ten years ago, young people in Indonesia gathered at street-side food stalls called warung to hang out and gossip. But with rapid economic growth has come social change. “People still like to talk about their lives, they like to gossip,” said Henri Honoris, president director of Modern Putra, 7-Eleven’s Indonesian franchisee.
The franchise’s strategy has been to blend a small supermarket with inexpensive ready-made food and seating, which attracts customers in a city desperately lacking outdoor recreation space and snarled by traffic jams that often restrict mobility. Japanese 7-Eleven’s Battle Typifies Post-Tsunami Struggle. For Seven & i Holdings Co., the first priority after the earthquake and tsunami of March 11 devastated much of the coastal region of northeastern Japan was to see what happened to several hundred of its 7-Eleven stores in hard-hit towns and villages and to look for survivors among staff members and customers.
In the first days after the tsunami, the company estimated that 40 stores were entirely or half-destroyed and that perhaps 16 owners of 7-Eleven franchises were dead or missing. One week after the tsunami, 350 of 7-Eleven’s 13,219 stores in Japan were still closed, including about 100 that had to be evacuated due to their proximity to the beleaguered Fukushima Dai-ichi nuclear power plant. In the rush among people from the region to stock up on bottled water, tissue and other items, however, total sales in that period actually rose by 20 percent. 7-Eleven Opens Thousands Of New Stores, Aims For World Domination. Somewhere in the world, every two hours, a new 7-Eleven opens.
That’s right; the favorite retailer of highway road stops, street corners and late-night Big Gulp sodas is quietly taking over the world. Seven & i Holdings Co.