By anton bridge
Tokyo (Reuters) -Seven & I Holdings, store owner 7 -Eleven, said she expects to have to take a closer look at her supply chain and costs as American consumers wrestle with the impact of the American tariff.
“It is a virtual is that we will face a fairly more challenging retail environment,” Stephen Dakus, CEO of the Japanese retail group told reporters.
It is expected that the definitions imposed and in the actions that US President Donald Trump are seeking to reshape global trade, which increases difficult challenges for retailers. The feeling of the American consumer deteriorated in April and 12 months, inflation expectations rose to the highest level since 1981.
Dacus, the external director who will take the lead next month, added that the biggest impact on the US tariff on the company will be on the behavior of the consumer instead of the suppliers directly.
“In that environment, you need to look more difficult in your supply chain, you need to make sure to press your costs tightly, so you have good control of it,” he said.
It reluctantly deals with the $ 47 billion acquisition of Canada, and Seven & I has been put in place to increase the value of companies. The fulfillment of this strategy greatly depends on improving its American division into more than 12,000 stores.
North America’s revenues account for 73 % of seven sales and I.
Dakus said that Seven & I still plan to include North America in the second half of 2026, but this will depend on market conditions at that time and the delay is possible.
He said: “The initial public offering gives us the financial flexibility to invest more strongly in our stores,” adding that he wants to increase the number of stores with fast service restaurants because it is more profitable.
Other measures taken by the sale of its Superstore unit include to Bin Capital and the start of the shares re -purchase of about 2 trillion yen ($ 14 billion) until the 2030 fiscal year.
The company shares the Canadian suitor, but it believes it will be difficult to obtain the approval of the anti -monopoly organizers.
Dakus, who was heading the Special Committee accused of examining the Couche-Tard, refused to comment on the negotiation state.
“My appointment as an executive president has nothing to do with the acquisition offer,” Dakus said. “We are not talking about Couche-Trad between the management team because there is nothing we can do about it,” adding that this is the role of the Special Committee.
Seven & I shared about 2,100 yen on Friday morning, much less than the 2700 yen-yen-yen offer, indicating investors’ doubts that the deal will be achieved.
($ 1 = 142.9600 yen)
(Anton Bridge’s reports: edited by David Doulan and Adena Gibbs
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