Raise a Slurpee in toast to Masatoshi Ito
The Japanese billionaire who globalized 7-Eleven died yesterday at the age of 98
Ito succeeded in making megabrand 7-Eleven the place to grab mustard and batteries in the middle of the night, and nowhere is it more popular than in his native country. Despite the chain being headquartered in Dallas, Texas, about a quarter of the world’s 83,000 7-Elevens are located in Japan, with 2,881 in Tokyo alone.
7-Eleven is a multinational chain of convenience stores that operates in several countries, including the United States, Japan, Canada, Australia, and many more. The company was founded in 1927 in Dallas, Texas, and has since grown to become one of the largest convenience store chains in the world, with stores in 17 countries.
7-Eleven stores typically offer a variety of products, such as snacks, beverages, cigarettes, lottery tickets, and other convenience items. They are often open 24 hours a day, 7 days a week, making them a popular destination for late-night shoppers and travelers.