He then founded Ito-Yokado, a chain of grocery stores that became the foundation for one of the world’s most valuable retail empires, earning him the admiration of management gurus at home and ...

He later stared selling food and other daily necessities. He renamed the company Ito Yokado and started running the business like a US supermarket. Ito Yokado later forged a deal with 7-Eleven’s ...

Mr Ito later renamed it Ito-Yokado and turned the business into a chain of one-stop stores that sold everything from groceries to clothes. It went public in 1972. Around the same time, an ...

TOKYO, March 13 (Reuters) - Masatoshi Ito, the founder of Japan's Ito-Yokado retail group that became the holding company of 7-Eleven convenience stores, has died at the age of 98, Seven & i ...

Ito-Yokado Co., operator of supermarket chain Ito-Yokado, revealed the remaining five locations of 33 stores that will be closed by February 2025. Ito-Yokado remains mired in a financial slump ...

TOKYO -- Behind Ito-Yokado's improbable rise from a small Tokyo clothing store to a major retail chain was founder Masatoshi Ito, a cautious merchant who could become a risk-taking capitalist when ...

Seven & i Holdings Co. has approached potential buyers for its Ito-Yokado stores and supermarkets as it seeks to restructure in the face of a takeover approach from Canada’s Alimentation Couche ...

Ito Yokado later forged a deal with 7-Eleven's owner, the Southland Corporation, and opened Japan's first 7-Eleven in Tokyo in 1974. His firm then acquired a controlling stake in Southland in ...