Seven & i Holdings Co., the operator of 7-Eleven convenience stores, is entering a pivotal phase in its standalone business revamp following the withdrawal of a $44.9 billion takeover proposal by Alimentation Couche-Tard, the Circle-K operator. As part of its updated mid-term plan, Seven & i announced plans to open 1,300 new international stores, primarily in the United States. The company aims to more than double its share price by 2030. To support more aggressive and quicker growth in North America, Seven & i intends to pursue an initial public offering (IPO) of its North American business, according to statements from its CEO. The move is seen as a key step in accelerating expansion and improving shareholder returns amid ongoing restructuring efforts.