Seven & i Holdings Plans Spin-Off of Noncore Stores Amid Acquisition Talks for 'Yokado' with Bain Capital, Targeting 100 Trillion Yen Market

Japanese retail giant Seven & i Holdings Co is considering a plan to spin off its noncore specialty store businesses. This move is part of a broader strategy to streamline operations and focus on its core retail offerings. The company has also been in discussions regarding the acquisition of the 'Yokado' brand, with Bain Capital among the contenders for selection. In related news, Japan's secondhand stores are accelerating their expansion into the U.S. and Asia, aiming to tap into the global market estimated at 100 trillion yen.