TOKYO — Seven & i Holdings, the owner of the 7-Eleven convenience store chain, will begin the process of selling its supermarket business, including Ito-Yokado, by the end of the year, the Nikkei has learned.
Seven & i plans to start accepting offers by the end of the year to sell a majority stake in the intermediate holding company for the Japanese retail group's general merchandise chains, including Ito-Yokado and York-Benimaru, according to people familiar with the matter.