Some 7-Eleven owners in Japan fed up with strategy, welcome foreign bid

Some 7-Eleven owners in Japan fed up with strategy, welcome foreign bid

FILE PHOTO: Seven & i’s logo is seen at a 7-Eleven convenience store in Tokyo, Japan August 19, 2024. REUTERS/Kim Kyung-Hoon/File Photo

As much as Jun Nagao doesn’t like the idea of foreigners scooping up Japanese companies, the former 7-Eleven franchise owner thinks a takeover would bring a welcome change to the retail giant where he spent decades.