Reported that 711 Holding Company announced on the 10th the groups business structure reform policy. In addition to closing and relocating about 1,000 stores in the main business convenience store 7-11, in order to lighten the burden of franchise stores and improve their profitability, Ito Yanghua Hall and SOGO Xiwu will also promote structural adjustment of closing stores and changing business.
The report pointed out that with the shortage of staff and the popularity of online shopping, large circulation companies were forced to make major changes to their businesses.
On the other hand, about 2200 stores, accounting for more than 10% of the 21,000 7-11 stores in the country, are hoping to shorten their business hours. 7-11 Headquarters summarized the results of the questionnaire.
The report quoted relevant people as saying that the headquarters conducted a selective inquiry on whether shopkeepers and others wanted to take part in the late-night closure experiment. There are about 2200 stores answering the questions of preparing for implementation in the future and being discussed for implementation. In addition, it is reported that about 7,500 stores, accounting for more than 30% of the total, have answered that there is no discussion on implementation at present, but discussions may be launched in the future.
The report also mentions that the 7-11 shopkeepers in Osaka prefecture, East Osaka, shortened their business hours in February despite headquarters objections. It makes convenience store ownersworking environment receive much attention. At present, 7-11 headquarters is promoting short-term business experiments for up to half a year among 230 stores it hopes to implement.