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Tag - stephen-dacus

 
 

STEPHEN DACUS

A 7-Eleven store in Chicago. Seven & I¡¯s success in making food central to its Japan business should help improve U.S. prospects, Seven & I Holdings CEO Stephen Dacus says.
BUSINESS / Companies
Dec 22, 2025
Seven & I¡¯s IPO of U.S. arm hinges on faster turnaround, CEO says
The timing of an initial public offering will depend on execution and the market, says Stephen Dacus, who took over as head of the company six months ago.
Convenience stores are a fixture of Japanese life and 7-Eleven, a chain that began in the U.S. in 1927, opened its first store in Japan in 1974 ¡ª and then became wholly Japanese-owned in 2005 through parent company Seven & I Holdings.
BUSINESS / Companies
Sep 12, 2025
Is America ready for Japanese-style 7-Elevens?
Facing a stagnant and highly competitive retail market in Japan, Seven & I¡¯s growth is expected to come from overseas.
People head into a Seven & I Holdings shareholders meeting on Tuesday in Tokyo's Chiyoda Ward.
BUSINESS / Companies
May 27, 2025
Seven & I shareholders back new board to deal with takeover proposal
Investors appear to be willing to see what happens with the radical overhaul, which the Japanese retailer had pledged to counter Couche-Tard¡¯s ?7.39 trillion approach.
Stephen Dacus, incoming chief executive officer of Seven & I Holdings, speaks during an interview at the company's headquarters in Tokyo on Friday. Dacus plans to boost investments in its U.S. stores using cash from a planned listing of its American retail operations.
BUSINESS / Companies
Apr 25, 2025
Seven & I¡¯s new CEO plans aggressive investments in U.S. stores
In addition to investing in its North America operations, Stephen Dacus is also looking to review the company¡¯s supply chain globally.
Seven & I named Stephen Hayes Dacus as its first foreign chief executive on Thursday.
BUSINESS / Companies
Mar 6, 2025
Seven & I announces measures to fend off Couche-Tard takeover
The announcements are the latest twist in a saga that began last year when Seven & I rebuffed a takeover offer from Canada¡¯s Alimentation Couche-Tard.
The Seven & I takeover saga is being closely watched as a test case of Japan¡¯s openness to foreign capital, after recent governance reforms banned corporations from ignoring overtures that may raise value for shareholders.
BUSINESS / Companies
Mar 4, 2025
Seven & I shares fall amid report it may reject buyout offer
The company said it is still having constructive discussions with Couche-Tard after a report said it would reject the offer.
Seven & I Holdings CEO Ryuichi Isaka is stepping down from his position, the Nikkei newspaper has reported.
BUSINESS / Companies
Mar 3, 2025
7-Eleven owner to appoint first foreign CEO, report says
The owner¡¯s plan to take the company private to avoid being taken over by Couche-Tard collapsed last week, piling pressure on it to reconsider the $47 billion takeover proposal.

Longform

For many people, utility poles and power lines have become such a familiar part of Japan¡¯s landscape that they often go unnoticed.
Why Japan¡¯s utility poles won¡¯t be disappearing anytime soon

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