SEVEN-ELEVEN TO EXPAND IN SOUTHWEST CHINA: FIRST STOP CHONGQING
February 1st, 2013
Japan-owned convenience store chain 7-Eleven is to expand in southwest China, starting in regional centres Chongqing and Chengdu, according to 7-Eleven China. Parent Seven & I Holdings has struck a deal with the Japanese trading company Mitsui and the Chengdu, China-based New Hope Group, an agribusiness company, to help roll-out the expansion. “We plan to set up a company in Chongqing in March, and open the first store in the city as soon as in October,” said an official at 7-Eleven’s Chengdu-based marketing department. He also confirmed that 7-Eleven ...
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