NEW YORK—ValueAct Capital is pushing Seven & i Holdings to explain its corporate strategy to shareholders including why it is not spinning off of its 7-Eleven convenience store chain or considering selling the whole company. The investment firm, which owns a 4.4 percent stake and has been pushing for change since 2020, is ratcheting up…
Los Angeles Metro Station Blasts Classical Music to Deter Crime
March 17, 2023
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In an approach to combating crime and homelessness, the Los Angeles Metro has taken to blasting classical music at one of its stations. The music at the Westlake/Macarthur Station on Metro’s Red Line, which runs from Downtown Los Angeles to North Hollywood, is part of a larger pilot program by the agency to deter criminal…
Los Angeles Metro Station Blasts Classical Music to Deter Homeless
March 17, 2023
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In an approach to combating crime and homelessness, the Los Angeles Metro has taken to blasting classical music at one of its stations. The music at the Westlake/Macarthur Station on Metro’s Red Line, which runs from Downtown Los Angeles to North Hollywood, is part of a larger pilot program by the agency to deter criminal…
Bird Flu Creates Egg Shortages in Japan, Affecting Restaurant Chains, Retailers
Restaurant chain operators and retailers in Japan are struggling to source eggs, according to reports, as the country faces its worst avian influenza outbreak. Teikoku Databank said that at least 18 listed restaurant chain operators in Japan, including McDonald’s Holdings Co., have temporarily stopped selling egg-related menu items as of March 5, Bloomberg reported. Meanwhile,…
7-Eleven to Serve Alcohol With In-store Dining in Ontario
Southwestern Ontario will soon see beer and wine in a corner store—though not exactly the way Premier Doug Ford envisioned in his 2018 campaign promise. Convenience store 7–Eleven says it has secured a liquor sales licence from the Alcohol and Gaming Commission of Ontario to serve beer, wines and coolers at a restaurant in one…
Driver Arrested for Allegedly Intentionally Crashing Car into Arcadia 7-Eleven
November 25, 2022
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ARCADIA, Calif.—A Monrovia man was behind bars Nov. 25 on suspicion of causing a disturbance inside an Arcadia 7-Eleven store, then intentionally plowing his car into the convenience mart. The crash occurred at 6:55 a.m. Nov. 24 at the store in the 1000 block of South Baldwin Avenue, according to Arcadia police. Officers learned the…
Robbery Suspects At Large After Westchester Shooting
WESTCHESTER, Calif.—Four robbery suspects are at large Nov. 18 after a shooting at a 7-Eleven in Westchester. Officers from the Pacific Division of the Los Angeles Police Department (LAPD) responded at 3 a.m. to the 54000 block of West Centinela Avenue where the four suspects entered the store and began allegedly stealing merchandise, LAPD Officer…
7-eleven Raises Price of $1 Coffee and Slurpees First Time in 13 Years as Inflation Bites
August 23, 2022
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Australians are about to pay more for their favourite 7-Elevens coffee and slurpees for the first time in more than a decade amid spiralling inflation. The multinational retail company, which has over 700 convenience stores across Australia, announced on Monday that from Oct. 4, the price of a regular cup of coffee would jump from…
Convenience Store Chain 7-Eleven Lays Off About 880 US Employees
Convenience store chain 7-Eleven slashed about 880 corporate jobs in the United States, a company spokesperson said on Thursday, as it finalizes its organization structure. The retail chain, owned by Japanese retailer Seven & i Holdings Co., cut jobs at its support centers and field support operations in Irving, Texas and Enon, Ohio, the spokesperson…
7-Eleven Crime Spree Suspect Faces Capital Murder Charges
July 20, 2022
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SANTA ANA, Calif.—A 20-year-old man accused of carrying out a deadly crime spree at 7-Eleven stores across the Southland is expected to be arraigned next month on three counts of murder, along with attempted murder and other felonies. The two suspects, Malik Patt and Jason Payne, made their first court appearance July 19, but their arraignment was…
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